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InnoSuisse, the Swiss Innovation Agency, has awarded Lightium AG a CHF2.67 million (USD $2.94M) grant to help it commercialize its Thin-Film Lithium Niobate (TFLN) platform for faster data center transmission speeds and lower power usage. #pressrelease
May 13, 2024
InnoSuisse, the Swiss Innovation Agency, has awarded Lightium AG a 2.67 million CHF grant. This prestigious and highly competitive grant, one of the largest non-dilutive fundings available to startups in Switzerland, will accelerate the commercialisation of Lightium's proprietary Thin-Film Lithium Niobate (TFLN) platform. This advancement is critical for Europe's strategic autonomy in next-gen photonic technologies, particularly benefiting the telecommunication and data centre sectors amid escalating demands for higher data rates and energy efficiency. Lightium aims to open beta access to its foundry services in Q4 2024, with capabilities ranging from rapid prototyping to volume production.
Data centres, the backbone of our digital economy, face growing challenges due to skyrocketing data volumes and energy consumption fueled by the rise of AI and large language models like ChatGPT. Lightium’s TFLN platform addresses these issues by dramatically increasing communication bandwidth while substantially reducing power requirements. Lightium's TFLN platform is poised to set new industry standards with capabilities to support data transmission speeds exceeding 1.6 Tb/s and power consumption rates significantly lower than current technologies.
Lightium 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 player in Europe for TFLN, securing the continent’s strategic independence for the next generation of photonic devices.
Read the full press release here.
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