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LightSolver wins $1.8M grant from Israel to advance laser-based computing technology

Market News
05 Nov 2026, 15:00 WIB
GlobeNewsWire
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Bullish
LightSolver wins $1.8M grant from Israel to advance laser-based computing technology

LightSolver, a subsidiary of CollPlant Biotechnologies, secured a $1.8 million grant from the Israel Innovation Authority to develop its Laser Processing Unit (LPU), a laser-based computing platform. The funding supports next-generation hardware development, expanded algorithmic capabilities, and integration with high-performance computing systems. This grant follows LightSolver's partnerships with Boeing and the Israel Ministry of Defense and aims to bring the LPU closer to commercialization. CollPlant also plans to rebrand as OptiPhi Computing, reflecting its focus on photonic computing technology.

LightSolver's recent $1.8 million grant from Israel’s Innovation Authority provides context for technology sector activity on Pluang. For readers following Technology stocks, here is Pluang's market snapshot as of Nov 05, 2026 19:32 WIB: out of 150 priced US Technology stocks, 50 rose and 95 fell. UMC traded at USD 14.50 with a 1-day change of -9.71% and a typical hold time of 44 days, while HubSpot Inc (HUBS) was priced at USD 198.50, down 8.28%, with a typical hold time of 80 days. ASE Technology Holding Co Ltd (ASX) stood at USD 34.47, down 8.10%, with a balanced Pluang order activity of 49% Sell and 51% Buy and a typical hold time of 50 days.

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