LightWave is a 3D computer graphics software package used for rendering 3D images, animations, and special effects. It was initially developed by NewTek and is now owned by the current LightWave 3D Group. LightWave 3D is a powerful and versatile 3D modeling and animation package that is used by a wide range of professionals in many different industries. LightWave offers a complete, end-to-end solution for creating 3D art and animation. It is easy to use, has a large library of resources for creating 3D objects, and is highly customizable. The program also includes a range of tools for creating materials, textures, and lighting conditions to bring your 3D scenes to life. LightWave also offers several advanced features such as volumetric rendering, radiosity, motion blur, and particle systems. LightWave is a great choice for professionals who need a reliable and powerful 3D animation package.
Discontinued According to the official website k-3d.org: The latest version of the "source code" is from November 2015. And the latest binary executable version is even older. According to its Sourceforge page (https://sourceforge.net/projects/k3d/files/K-3D Win32 Binaries /), the latest version is from June 2010.