Articles from xLight

xLight, the American company building the world’s most powerful Free Electron Lasers (FELs) to revolutionize semiconductor manufacturing, today announced Dr. Thomas Caulfield – a renowned semiconductor industry leader and the Executive Chairman of the Board of GlobalFoundries (GF) – has joined the xLight Board of Directors.

xLight, the American company building the world’s most powerful lasers, today announced the signing of a final award of $150 million in federal incentives under the CHIPS and Science Act with the U.S. Department of Commerce and the National Institute of Standards and Technology (NIST). These incentives will directly support the construction and demonstration of the company’s first free-electron laser (FEL), which will fundamentally transform how extreme-ultraviolet (EUV) light is delivered to semiconductor fabs.

xLight, the American company building the world’s most powerful lasers, today announced it has signed a Letter of Intent (LOI) with the U.S. Department of Commerce for $150 million in proposed federal incentives under the CHIPS and Science Act. This award is the first from the Trump Administration’s CHIPS Research and Development Office (CRDO) – proving next generation lithography is a top priority in the administration’s broader effort to restore American semiconductor manufacturing.

xLight, the American company building the world’s most powerful lasers, today announced it has closed an oversubscribed $40M Series B equity raise. The round was led by Playground Global, an early-stage venture capital firm investing in entrepreneurs who have developed breakthroughs in frontier technologies, and joined by Boardman Bay Capital Management, a leading investment manager specializing in high-growth opportunities across transformative technology subsectors. Morpheus Ventures and others also joined the round. This funding further enables xLight to develop the world’s most powerful extreme-ultraviolet (EUV) free electron lasers (FEL), which will revolutionize advanced semiconductor manufacturing and unlock other critical economic and national security applications.