CollPlant Says Israel Innovation Authority Approves Grant Of ~$1.8M To Its Subsidiary, LightSolver, To Support Continued Development Of LPU, All-Optical, Laser-Based Computing Platform

Government-backed R&D program to advance next-generation LPU hardware and expand the LPU Lab platform

Builds on LightSolver’s recent commercial and technical momentum, including the strategic partnership with Boeing, peer-reviewed research with HLRS and a growing IP portfolio

Rehovot, Israel, Nov. 05, 2026 (GLOBE NEWSWIRE) -- CollPlant Biotechnologies Ltd. (NASDAQ:CLGN) today announced that the Israel Innovation Authority (IIA) has approved a grant of approximately $1.8 million to its subsidiary, LightSolver Ltd. ("LightSolver"), to support the continued development of its Laser Processing Unit (LPU), an all-optical, laser-based computing platform.

The IIA approved the grant following its review of the program’s technological innovation and feasibility, its commercial potential and its expected contribution to the Israeli economy. The approved program is designed to advance the maturity of the LPU platform and bring it closer to commercialization. It includes the development of a new generation of LPU hardware systems for solving partial differential equations (PDEs); the expansion of the algorithmic capabilities of the LPU Lab platform, including tools that are intended to enable customers to conduct independent research and development on the system; and the integration of the LPU into heterogeneous high-performance computing (HPC) environments alongside CPUs and GPUs.

Under the program, LightSolver also plans to develop and test advanced hardware and software architectures and new calibration and control capabilities for the LPU.