FeesSafety
Pluang+

LightSolver wins multi-year $5B photonic computing deal with Israel Ministry of Defense

Market News
29 Oct 2026, 15:00 WIB
GlobeNewsWire
View Source
Bullish
LightSolver wins multi-year $5B photonic computing deal with Israel Ministry of Defense

LightSolver, a subsidiary of CollPlant Biotechnologies, secured a multi-year agreement with the Israel Ministry of Defense to develop and deliver its Laser Processing Unit (LPU) for advanced photonic computing applications. This deal follows successful proof-of-concept work and positions LightSolver in a high-value $5 billion annual defense computing market. The LPU offers faster and more energy-efficient solutions for complex computing tasks compared to traditional GPUs. This collaboration strengthens LightSolver's presence in defense tech and could lead to broader adoption in allied countries.

LightSolver's new collaboration with the Israel Ministry of Defense provides context for technology sector activity on Pluang. For readers following this sector, 23 of 150 priced US tech stocks rose while 125 fell as of Oct 29, 2026 18:11 WIB. Notable movers include AXTI at USD 59.85 with a 7.04% decline and OKTA at USD 207.00 with 100% buy orders on Pluang.

More News

Gilat Satellite Networks to attend Deutsche Bank Global Space and Defense Tech Summit in NYC

Gilat Satellite Networks to attend Deutsche Bank Global Space and Defense Tech Summit in NYC

Gilat Satellite Networks announced that its CEO Adi Sfadia and CFO Gil Benyamini will attend the Deutsche Bank Global Space and Defense Tech Summit on November 18, 2026, in New York City. The event will feature one-on-one and group meetings, providin...

Market News
Neutral
29 minutes ago
Collegium Pharmaceutical and Boston Legacy FC expand partnership to support neurodivergent youth in Massachusetts sports.

Collegium Pharmaceutical and Boston Legacy FC expand partnership to support neurodivergent youth in Massachusetts sports.

Collegium Pharmaceutical and Boston Legacy FC have extended their partnership to include youth coach training, an annual Sports for All Summit, and sensory inclusion programs aimed at supporting neurodivergent children, especially those with ADHD, in...

Others
Bullish
29 minutes ago
Boralex buys Wind2 to boost UK wind energy projects by 350 MW, expanding its renewable footprint.

Boralex buys Wind2 to boost UK wind energy projects by 350 MW, expanding its renewable footprint.

Boralex Inc. has acquired Wind2, a UK-based renewable energy developer with about 350 MW of advanced wind projects across Scotland, England, and Wales. This acquisition strengthens Boralex's presence and capabilities in the UK, aligning with its stra...

Company Fundamentals
Bullish
1 hour ago
Dimensional Fund Advisors discloses 5.07% stake in Vesuvius PLC shares as of October 28, 2026.

Dimensional Fund Advisors discloses 5.07% stake in Vesuvius PLC shares as of October 28, 2026.

Dimensional Fund Advisors Ltd. disclosed holding a 5.07% stake in Vesuvius PLC ordinary shares as of October 28, 2026. The disclosure follows regulatory requirements under the Takeover Code, indicating significant interest in the company. Dimensional...

Market News
Neutral
1 hour ago
Katapult Holdings to release Q3 2026 financial results on Nov 12 with a live webcast.

Katapult Holdings to release Q3 2026 financial results on Nov 12 with a live webcast.

Katapult Holdings, a technology-driven platform serving nonprime consumers, announced it will release its third quarter 2026 financial results on November 12, 2026, before the market opens. The company will hold a conference call and webcast at 8:00 ...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App