{
  "id": 1665687,
  "title": "Vilnius-based LITILIT secures €8 million financing to make femtosecond laser systems scalable",
  "url": "https://urgent.news/2026/08/18/vilnius-based-litilit-secures-8-million-financing-to-make-femtosecond",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-18T07:53:40.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/08/vilnius-based-litilit-secures-e8-million-financing-to-make-femtosecond-laser-systems-scalable/"
  },
  "original_language": "en",
  "account": "LITILIT, a company based in Vilnius, has secured €8 million in financing from the Lithuanian National Development Bank ILTE to develop a scalable modular femtosecond laser system called FEMODA. The total value of the €10 million project aims to accelerate the adoption of advanced laser technology and enable new applications. LITILIT's CEO, Nikolajus Gavrilinas, explains that the new system will significantly expand the use of femtosecond lasers beyond manufacturing high-value small parts. The company's innovative laser system will allow mass production of metal tools and formation of specialized coatings on large surfaces, such as aircraft or car bodies. It will also enhance existing femtosecond laser applications, including consumer electronics, displays, and chips. However, femtosecond lasers are often limited by their heavy infrastructure, installation, and maintenance requirements. LITILIT's modular platform will address these challenges by combining control electronics, optics, and cooling into a single industrial unit that can easily integrate into any factory. The company is currently constructing a large-scale femtosecond-laser facility in Vilnius, which is expected to commence operations this fall. The plant aims to produce 3,000 femtosecond lasers per year. The €8 million loan from ILTE and a €2 million investment from LITILIT will cover the project's €10 million total value. LITILIT plans to commercialize the new laser system in the second half of 2029.",
  "summary": "LITILIT, a Vilnius-based company, has received an €8 million loan from the Lithuanian National Development Bank ILTE for the development of a femtosecond laser modular system (FEMODA) intended to speed up the adoption of advanced lasers and open the door for new applications. The total value of the project is €10 million, while the commercialisation […] The post Vilnius-based LITILIT secures €8…",
  "key_points": [
    "Vilnius-based LITILIT secures €8 million financing from ILTE",
    "€10 million project aims to develop scalable FEMODA laser system",
    "Modular platform will expand femtosecond laser applications"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}