Several startups see a big opportunity to build the next generation of ultrafast lasers, a crucial component in high-end chip manufacturing, in Europe. In June 2026, the European Commission proposed legislation and strategies to reinforce Europe’s competitiveness and independence in the semiconductor and AI ecosystems. Now, one startup is breaking ground on a factory in Lithuania in October.“Sovereignty isn’t an abstract policy word for us—it’s become the reason funding, partners, and attention are available at all,” says Celia Millon, CEO of RayVen Laser GmBH in Germany. The EU’s proposed “Chips Act 2.0.” would support the broader computer chip supply chain—including design, materials, and processing equipment like ultrafast lasers. Millon says that shift means significant public funding
