CollPlant Acquires LightSolver, Taking 2028 Photonic Computing Push to Nasdaq
Updated
Updated · CTech · Sep 1
CollPlant Acquires LightSolver, Taking 2028 Photonic Computing Push to Nasdaq
3 articles · Updated · CTech · Sep 1
Summary
CollPlant said its acquisition of LightSolver will put the Israeli photonic computing startup into a Nasdaq-listed company as the deal is expected to close this week.
LightSolver is betting its laser-based LPU can handle highly parallel workloads without the cryogenic cooling or vacuum systems often associated with quantum computing, with commercial availability targeted for 2028.
Boeing is already working with LightSolver on aerospace simulations, while engineering, defense, finance, oil and gas, and energy groups are using the platform for commercial validation.
The transaction is structured mainly with CollPlant shares, pre-funded warrants and milestone-linked warrants, limiting upfront cash while tying more value to LightSolver's technical and commercial progress.
For CollPlant, best known for regenerative medicine and medical aesthetics, the deal opens a new high-performance computing bet while it says its healthcare businesses will remain in place.