Lightwave Logic Announces Breakthrough Performance Results for Commercial-Class Electro-Optic Polymer

Rhea-AI Summary

Lightwave Logic, Inc. (NASDAQ: LWLG) announced significant advancements in its electro-optic polymer technology, achieving record performance metrics at 1310 nm wavelength, crucial for hyperscale datacenter applications. The new EO polymer material demonstrates a high electro-optic coefficient exceeding 200 pm/V and a drive power of 1 volt or less. These improvements are expected to facilitate ultra-compact modulators with over 100 GHz bandwidth, positioning the company for potential licensing opportunities. CEO Michael Lebby emphasized the advantages of their proprietary polymers, which are set to enable high-speed, low-power transceivers and optics solutions.

Positive

• Achieved breakthrough performance metrics at 1310 nm wavelength.
• Electro-optic coefficient exceeds 200 pm/V, enabling low drive power.
• Expected to support ultra-small modulators with at least 100 GHz bandwidth.
• Positioned for near-term licensing opportunities in datacenter applications.

Negative

• None.

1310nm Wavelength, Popular in Hyperscale Datacenter Applications, Represents the Primary Area of Focus

ENGLEWOOD, Colo., March 22, 2023 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced that its latest commercial-class EO polymer material has achieved breakthrough performance metrics at 1310 nanometers (nm), a wavelength popular in hyperscale datacenter applications.

These commercial-class improvements include a significantly higher electro-optic coefficient exceeding 200 pm/V, which allows for very low drive power of 1 volt or less. Other characteristics include optimized chromophore loading, superior low optical loss, excellent temporal stability at 85 Celsius, and extremely high thermal and photo stability. The breakthrough commercial-class EO material is expected to enable ultra-small footprint modulators with at least 100 GHz bandwidth as well as meeting all critical requirements for pluggable transceivers, on-board optics and co-packaging solutions.  

"The achievement of these results at the 1310nm bandwidth positions us for potential near-term licensing opportunities in datacenter applications," said Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic. "Our robust progress with our proprietary chromophores will allow us to provide competitive performance above and beyond other optical modulator competitors in use today. At a recent industry conference, we heard from the hyperscale industry that polymers offer important performance advantages as compared to other optical modulators in use today – reflective of our significant progress with our proprietary chromophores.

"As we move through 2023, our technology is well positioned to serve as the industry's next-generation super-high-performance engine that enables high speed, low power and small footprints for pluggable transceivers, on-board optics and co-packaging solutions in datacenter applications and beyond. I look forward to providing our shareholders with further updates in the near-term as we move to  commercialization," concluded Lebby.

About Lightwave Logic, Inc. 
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the company's website at lightwavelogic.com.

Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K; other risks to which our company is subject; other factors beyond the company's control.

Investor Relations Contact: 
Lucas A. Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us 
www.mzgroup.us 

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SOURCE Lightwave Logic, Inc.