Zurich – Lightium, a start-up in the field of photonic integrated circuits, has secured funding of 2.67 million Swiss francs from Innosuisse. The company intends to use the fresh capital to transfer its thin-film lithium niobate platform (TFLN) to series production.
Lightium, a Zurich-based start-up in the field of photonic integrated circuits (PIC), has secured CHF 2.67 million in funding from Innosuisse. According to a press release, the company intends to use this capital to transfer the production of its thin-film lithium niobate platform (TFLN) from the prototype phase to series production. The move is scheduled to take place in the fourth quarter of 2024.
TFLN can improve previous industry standards in the telecommunications sector by significantly expanding the communication bandwidth and achieving transmission speeds of up to 1.6 terabytes per second. At the same time, TFLN reduces power consumption.
"The support from Innosuisse is not only a financial boost, but also a confirmation of the central role of our technology in shaping the future of data communication and energy efficiency," said Dr. Amir Ghadimi, CEO and co-founder of Lightium, in the press release. "The versatility of our TFLN platform means that its advantages can also be used for other applications and markets such as satellite communication, quantum computing and LIDAR applications." ce/eb