CollPlant Acquires LightSolver to Enter Photonic Computing Market
CollPlant Biotechnologies (CLGN) announced its agreement to acquire Israeli deep-tech firm LightSolver, marking a strategic expansion into the photonic computing and supercomputing markets. The acquisition is expected to close this week and will be financed primarily through equity, including upfront shares and milestone-based warrants. This move represents CollPlant's first foray beyond biotechnology into high-performance computing technologies. By acquiring LightSolver, CollPlant aims to leverage advancements in photonic computing—technology that uses light instead of electricity—to develop next-generation computational solutions with potential applications across multiple industries.
Tickers: $CLGN
Topics: Biotechnology Deep Tech Photonic Computing Supercomputing