CollPlant signs deal to acquire photonic computing firm LightSolver

Reuters2026/08/31 12:04

By:Reuters

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CollPlant agreed to acquire Israel-based photonic computing developer LightSolver, expanding into supercomputing and photonic computing.
Closing is expected this week under an equity-based structure with upfront shares, pre-funded warrants, milestone warrants, and rollover options.
Upfront consideration totals 3,734,476 newly issued CollPlant ordinary shares, equal to 19.7% of shares outstanding pre-signing.
Deal also includes pre-funded warrants for 6,134,363 shares, milestone warrants for 224,078,345 shares, and rollover options for 2,261,966 shares.
LightSolver targets commercial availability of its Laser Processing Unit platform in 2028, designed to complement CPUs and GPUs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Collplant Biotechnologies Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608310800PR_NEWS_USPR_____LN36939) on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CollPlant signs deal to acquire photonic computing firm LightSolver

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