LIGHTON: directors' dealings · France · AMF

About LIGHTON

LightOn is a French technology company focused on enterprise and public-sector generative artificial intelligence. Founded in Paris in 2016 by Igor Carron and Laurent Daudet, the company initially built its reputation through advanced research in large-scale AI before converting that scientific expertise into a commercial software business centered on sovereign, secure and customizable AI solutions. LightOn is listed on Euronext Growth Paris under ISIN FR0013230950 and presents itself as Europe’s first pure-play listed generative AI company. The company’s core offering is Paradigm, a generative AI platform designed to help organizations work with sensitive data in a controlled environment, including deployments on-premise or behind the firewall. Paradigm combines advanced search, Retrieval-Augmented Generation (RAG), conversational interfaces and intelligent agent capabilities to improve productivity, streamline access to internal knowledge and automate high-value workflows. LightOn has also developed several large language models and has commercialized offerings such as Forge, while continuing to expand the platform with new capabilities, including document intelligence and visual analysis. Its strategic message is centered on sovereign AI, with a strong emphasis on privacy, data governance, regulatory control and enterprise-grade security. From a historical perspective, LightOn first invested heavily in research and development around hardware computing and foundational AI models, then gradually translated that expertise into industrial software products. Since 2020, the company has been active in the large language model and enterprise generative AI segment. Its November 2024 IPO was a key milestone, providing capital to accelerate sales, expand the team and intensify innovation. In 2024, LightOn reported revenue of €1.1 million, reflecting a transition year toward a more recurring revenue model, while its equity base and liquidity were materially strengthened by the public listing. LightOn primarily serves large corporates, financial institutions, industrial groups, public bodies, higher education institutions and research organizations. Recent reference clients and partners include Europrop International, LBP AM, Sodern, Cyllene and Afnic. The company is strongly rooted in France, but is building a broader European footprint, supported by a niche positioning in sovereign AI, a segment gaining strategic importance as data security, digital sovereignty and compliance become more critical. Its business model combines software licensing, related services and partnerships, with a gradual expansion strategy aimed at both French and international markets.