STOCK TITAN

Lightwave Logic Announces Breakthrough Photostability for Use in Ultra-High-Speed Electro-Optic Polymers

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Lightwave Logic (NASDAQ: LWLG) has announced significant advancements in the photostability of its electro-optic polymer modulators, which are essential for high-volume silicon foundry processes. The new polymers demonstrated enhanced performance metrics, minimizing optical losses and providing a robust platform for commercial deployment. CEO Dr. Michael Lebby emphasized the importance of these results for network reliability and energy efficiency, allowing for faster data transmission with reduced power consumption.

Positive
  • Breakthrough in photostability of electro-optic polymers enhances performance metrics.
  • Minimized optical losses, improving reliability for commercial deployment.
  • Results support high-volume silicon foundry processes, addressing customer demand.
Negative
  • None.

ENGLEWOOD, Colo., Feb. 10, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today announced breakthrough photostability results on its electro-optic polymer modulators that are compatible with high-volume silicon foundry processes.

Photostability is a key performance metric for polymer modulators to achieve both operational stability and the reliability required for commercial field deployment. The company's latest polymers were subjected to rigorous optical testing and resulted in performance increases that far exceed previous polymer material designs. The improved  photostability of our polymers will minimize any optical losses and provide a more robust platform for silicon foundries.

Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic, commented: "For those of us who have been in the electro-optic polymer field a long time, we all know that photostability is always discussed. This breakthrough photostability performance is incredibly important as we optimize our polymers for high-volume silicon foundry processes. Photostability is a metric customers ask about frequently, and we are now excited with the results achieved and the impact we believe it will have with silicon foundries. Furthermore, highly stable optical modulators using our polymers provide a critical upgrade for optical networks, which will allow network architects to focus on highly reliable, low power solutions using our ultra-high-speed modulators."

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: 
Greg Falesnik or Luke Zimmerman 
MZ Group - MZ North America 
949-385-6449 
LWLG@mzgroup.us 
www.mzgroup.us 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-announces-breakthrough-photostability-for-use-in-ultra-high-speed-electro-optic-polymers-301479524.html

SOURCE Lightwave Logic, Inc.

FAQ

What are the recent advancements announced by Lightwave Logic (LWLG) regarding photostability?

Lightwave Logic announced significant advancements in the photostability of its electro-optic polymer modulators, which enhance performance and reliability for high-volume silicon foundry processes.

How does the photostability improvement impact Lightwave Logic's polymer technology?

The improvement in photostability minimizes optical losses and provides a robust platform for commercial deployment, enabling faster data transmission with lower power consumption.

Who is the CEO of Lightwave Logic and what did they say about the recent results?

Dr. Michael Lebby, CEO of Lightwave Logic, expressed excitement about the breakthrough photostability performance and its importance for optimizing polymers for silicon foundries.

When was the press release about Lightwave Logic's advancements published?

The press release was published on February 10, 2022.

Lightwave Logic, Inc.

NASDAQ:LWLG

LWLG Rankings

LWLG Latest News

LWLG Stock Data

361.00M
121.58M
0.65%
27.88%
17.33%
Specialty Chemicals
Miscellaneous Plastics Products
Link
United States of America
ENGLEWOOD