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LightSolver, a part of CollPlant, has made a deal with Israel's Ministry of Defense to create new laser technology.

DealRead the original at globenewswire.com
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CollPlant’s LightSolver unit has a development and delivery agreement with Israel’s defense research office, following successful earlier testing. This supports the business outlook, though the agreement’s value and expected sales were not reported.

CLGN · CollPlant Biotechnologies Ltd.

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For CollPlant, the agreement gives LightSolver a defined role developing and delivering its laser technology. Earlier successful testing supports the work. The company estimates the defense market could reach $5 billion a year, but that is not CollPlant sales, and the agreement’s value was not reported.

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