# LITILIT receives €8 million loan for modular femtosecond lasers

_Tuesday, August 18, 2026 at 3:53 AM EDT · Infrastructure, Capital · Latest · Tier 2 — Notable_

![LITILIT receives €8 million loan for modular femtosecond lasers — Primary](https://www.eu-startups.com/wp-content/uploads/2026/08/Untitled-design-2026-08-18T132301.294.jpg)

Lithuanian laser company LITILIT received an €8 million loan from state development bank ILTE for FEMODA, a modular femtosecond-laser system the company plans to commercialize in the second half of 2029. The €10 million project also includes a €2 million company investment. LITILIT says its new Vilnius factory, which began development in June, is intended to open this fall and target annual production of 3,000 femtosecond lasers.

## Sources

- [EU-Startups](https://www.eu-startups.com/2026/08/vilnius-based-litilit-secures-e8-million-financing-to-make-femtosecond-laser-systems-scalable/)

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Canonical: https://techandbusiness.org/newswire/s8fB71XahaJFrvEpT_aAIS
Retrieved: 2026-08-18T11:42:54.515Z
Publisher: Tech & Business (techandbusiness.org)
