HansaMatrix, SA, a manufacturer of electronic systems is offering USD 5.5 million (EUR 4.8 million) financing to SIA Lightspace Technologies, a global leader in multi-plane volumetric 3D display technology. Its products include large screen size front view 3D image displays, bench-top surface 3D image displays, and more.
HansaMatrix’s representatives informed that the latter would receive a sum of USD 5.5 million from HansaMatrix in 2018 and 2019, supported by the European Investment Bank (EIB). According to the representatives, the financing has been granted with the aim to back the investments planned by HansaMatrix in 2018-2020, which are worth EUR 20 million in total.
The investment is aimed at acquiring the technological equipment, research and development tools of Lightspace real-time volumetric 3D image display technology, as well as advance the design and industrialization process of key-enabling photonics elements.
The investment is expected to help in the progress of the Latvian industrial sector and the creation of skilled jobs. As the EIB financing can accommodate half of any project, the funding is to be complemented with HansaMatrix own capital, commercial bank lending
Curious? Need more details? The request a sample of the “3D Display Market” report.