LightSolver Secures ~$1.8 Million Grant from Israel’s Innovation Authority to Advance its Laser Processing Unit (LPU)
Summary
LightSolver secured an approximately $1.8 million grant from the Israel Innovation Authority to advance its laser-based computing platform. The funded program will develop next-generation LPU hardware, expand the LPU Lab platform, and improve integration with heterogeneous HPC environments. The company says the grant supports its path from a validated platform toward commercial systems and future manufacturing readiness. The announcement also highlights LightSolver’s Boeing partnership, work with the Israel Ministry of Defense, and research and patent activity.
Funding
Amount
$1.8M
Total raised
Date
November 5, 2026
Announcement date
Investors
Israel Innovation Authority
Lead investors
Company
lightsolver.com
Funded company
AskAI Classifications
Sectors
Manufacturing Industry
CAD-CAE Software
Functions
Developer and IT Infrastructure
Development Platforms
Infrastructure Management
Linked Companies
LightSolver
$1M to $5M