Lingotto (Exor) invests in Optalsys optical microchips

Lingotto, an investment company of the Exor holding (which controls the publisher of RepublicGedi), has become an investor in the British microchip company Optalysys.

The reports Financial Times. The Leeds-based company raised £21 million (€24.4 million) this month to strengthen its team for future chip production; was created 10 years ago and is developing a technology in silicon photonics, with optical chips that use light instead of electricity to perform calculations.

According to the City newspaper, this “‘revolutionary’ technology is particularly suited to new types of encryption” and according to its creators, “it will enable more private and secure sharing of data between countries and companies”.

‘Optical chips – emphasizes the’ft — are attracting more investment as the semiconductor industry grapples with slower progress and rising costs with each new generation of silicon processors.”

Optalysys co-founder and CEO Nick New argues that by radically accelerating processing speed without a significant increase in power consumption, the technology can power a new level of encryption that can resist hacking attempts even by computers quantum.