ILTE Perspektyva loan · Industrial tech

LITILIT receives €8 million ILTE loan for modular laser development

The financing supports an industrial laser system designed for easier integration and maintenance.

FEMODA is a €10 million development project that combines the ILTE loan with €2 million of the company’s own capital. The programme targets applications beyond small precision parts, including metal tools and treatment of larger surfaces.

The system remains under development, with commercialisation planned for the second half of 2029. Its modular architecture is intended to let manufacturers replace a failed component without replacing an entire laser system.

Use of funds

Develop the FEMODA modular high-power femtosecond laser system

Adapt the system for reliable integration into industrial production

Funding history

ILTE Perspektyva loan · This round€8M

Sources

  1. ILTE allocates EUR8m to Lithuanian laser technologyilte.lt · Apr 28, 2026
  2. FEMODA research projectlitilit.com
  3. LITILIT laser financing coveragetech.eu · Aug 18, 2026