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HIWIN Corp. - Linear Motor Stages LB 6/24

Lightium Receives $2.9M to Commercialize Data Center Tech

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ZÜRICH, May 14, 2024 — InnoSuisse, the Swiss Innovation Agency, has awarded Lightium AG a 2.67 million CHF ($2.9 million) grant. The grant will accelerate commercialization of Lightium’s proprietary thin-film lithium niobate (TFLN) platform. Lightium aims to open beta access to its foundry services in the fourth quarter of 2024, with capabilities ranging from rapid prototyping to volume production. The company further said that it will use the InnoSuisse funds to transfer its manufacturing process to a commercial CMOS fab, enabling volume production. This will make Lightium the first production-capable...Read full article

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    Published: May 2024
    Businessfundingmanufacturingstartupdata centerstelecommunicationsfoundryproductionMaterialsthin film lithium niobateCMOSgrantLightiumInnoSuisseTFLNSwitzerlandEurope

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