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Lightwave Logic Appoints Industry Veteran Yves LeMaitre to Board of Directors

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Lightwave Logic (NASDAQ: LWLG) has appointed Yves LeMaitre to its Board of Directors, effective August 1st, 2024. LeMaitre brings over 30 years of executive experience in photonics and global IT. He currently serves as a Strategic Board Advisor to Trumpf Photonic Components and as a strategic advisor to Sanmina AMT's Optical, RF & Micro-Electronics division.

LeMaitre's extensive experience includes roles as CEO of Astrobeam.Space, Head of IPG Photonics' Optical Coherent Division, and Chief Strategy Officer at Lumentum. His appointment is expected to strengthen Lightwave Logic's position in the optical communications industry, particularly in addressing the growing demand for Generative AI and datacenter solutions.

Lightwave Logic (NASDAQ: LWLG) ha nominato Yves LeMaitre nel suo Consiglio di Amministrazione, con effetto dal 1 agosto 2024. LeMaitre porta con sé oltre 30 anni di esperienza esecutiva nel campo della fotonica e delle tecnologie IT globali. Attualmente ricopre il ruolo di Consigliere Strategico per Trumpf Photonic Components e di consulente strategico per la divisione Ottica, RF e Microelettronica di Sanmina AMT.

La vasta esperienza di LeMaitre include ruoli come CEO di Astrobeam.Space, Responsabile della Divisione Coerente Ottica di IPG Photonics e Chief Strategy Officer di Lumentum. La sua nomina è attesa per rafforzare la posizione di Lightwave Logic nel settore delle comunicazioni ottiche, in particolare per affrontare la crescente domanda di soluzioni per l'IA Generativa e i data center.

Lightwave Logic (NASDAQ: LWLG) ha nombrado a Yves LeMaitre en su Junta Directiva, efectivo el 1 de agosto de 2024. LeMaitre aporta más de 30 años de experiencia ejecutiva en fotónica y TI global. Actualmente, se desempeña como Asesor Estratégico de Trumpf Photonic Components y como asesor estratégico para la división de Óptica, RF y Microelectrónica de Sanmina AMT.

La amplia experiencia de LeMaitre incluye roles como CEO de Astrobeam.Space, Jefe de la División Óptica Coherente de IPG Photonics y Director de Estrategia en Lumentum. Se espera que su nombramiento refuerce la posición de Lightwave Logic en la industria de las comunicaciones ópticas, especialmente para abordar la creciente demanda de soluciones de IA Generativa y centros de datos.

라이트웨이브 로직(Lightwave Logic, NASDAQ: LWLG)은 이브 르메트르(Yves LeMaitre)를 2024년 8월 1일부터 이사회에 임명했습니다. 르메트르는 광전자 및 글로벌 IT 분야에서 30년 이상의 임원 경력을 가지고 있습니다. 그는 현재 Trumpf Photonic Components의 전략적 이사회 고문으로 재직하며, Sanmina AMT의 광학, RF 및 마이크로 전자 부문에서 전략 자문 역할을 하고 있습니다.

르메트르의 폭넓은 경험에는 Astrobeam.Space의 CEO, IPG Photonics의 Optical Coherent Division 책임자, Lumentum의 Chief Strategy Officer 역할이 포함됩니다. 그의 임명은 증가하는 생성적 AI와 데이터 센터 솔루션에 대한 수요를 처리하는 데 있어 광통신 산업에서 Lightwave Logic의 입지를 강화할 것으로 기대됩니다.

Lightwave Logic (NASDAQ: LWLG) a nommé Yves LeMaitre au sein de son Conseil d'Administration, avec effet au 1er août 2024. LeMaitre apporte plus de 30 ans d'expérience exécutive en photonique et en TI mondiale. Il est actuellement Conseiller Stratégique pour Trumpf Photonic Components et consultant stratégique pour la division Optique, RF et Microélectronique de Sanmina AMT.

L'expérience approfondie de LeMaitre comprend des rôles en tant que PDG d'Astrobeam.Space, Responsable de la Division Optique Cohérente d'IPG Photonics et Directeur de la Stratégie chez Lumentum. Sa nomination devrait renforcer la position de Lightwave Logic dans l'industrie des communications optiques, en particulier pour répondre à la demande croissante de solutions en IA Générative et pour les centres de données.

Lightwave Logic (NASDAQ: LWLG) hat Yves LeMaitre mit Wirkung zum 1. August 2024 in seinen Vorstand berufen. LeMaitre bringt über 30 Jahre an Führungserfahrung in der Photonik und der globalen IT mit. Derzeit ist er Strategischer Berater für Trumpf Photonic Components und strategischer Berater der Optik-, RF- und Mikroelektronik-Abteilung von Sanmina AMT.

LeMaitres umfassende Erfahrung umfasst Positionen als CEO von Astrobeam.Space, Leiter der Optischen Kohärenten Abteilung bei IPG Photonics und Chief Strategy Officer bei Lumentum. Seine Ernennung wird voraussichtlich die Position von Lightwave Logic in der optischen Kommunikationsbranche stärken, insbesondere bei der Bewältigung der wachsenden Nachfrage nach generativer KI und Lösungen für Rechenzentren.

Positive
  • Appointment of industry veteran Yves LeMaitre to the Board of Directors
  • LeMaitre brings 30+ years of executive experience in photonics and global IT
  • Potential to leverage LeMaitre's experience in engaging Tier-1 customers for licensing and selling polymer modulators
  • Alignment with company's goal to make electro-optic polymers ubiquitous in silicon photonics for datacenters
Negative
  • None.

Yves LeMaitre Brings Track Record of Success Productizing and Scaling Optical Technology for Datacenters With 30+ Years of Executive Experience in Photonics and Global Information Technology (IT)

ENGLEWOOD, Colo., July 23, 2024 /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 in a small form factor, today, announced the appointment of Yves LeMaitre to Lightwave Logic's Board of Directors effective August 1st, 2024.

Mr. LeMaitre brings over 30 years of executive experience in technology, corporate strategy and marketing to the Board of Directors. He currently serves as a Strategic Board Advisor to Trumpf Photonic Components, a global technology company specializing in the development of lasers for optics, and as a strategic advisor to the Optical, RF & Micro-Electronics division of Sanmina AMT.

Mr. LeMaitre most recently served as CEO of Astrobeam.Space, where he launched the startup's development of next-generation of laser beam steering for satellite to satellite communication. Previously, Mr. LeMaitre was the Head of the Optical Coherent Division of IPG Photonics, where he advised and oversaw the division's divestiture to Lumentum. Prior to that, he was the SVP of Luna Innovations' North America Business Operation (following the company's acquisition of RIO Lasers where he served as President).

Previously, he spent 10 years in varying roles of increasing responsibility through multiple acquisitions with Oclaro (later acquired by Lumentum), ultimately achieving the roles of Chief Strategy Officer at Lumentum.  During his time at OCLARO, he played a key role in positioning OCLARO as a leader in the optical connectivity business, driving the growth of Indium Phosphide lasers in the datacenter (now Generative AI front-end networks) segments.

He holds a degree from Télécom Paris and a "Maitrise" Degree in Computer Science and Mathematics from Nantes Université in France.

Mr. LeMaitre stated: "Generative AI is rapidly transforming the optical communications industry. The need for massive, meshed and parallel interconnections of GPUs inside AI and machine learning clusters highlights the limitations of legacy technologies. To scale up the bandwidth per optical lane to 200Gbps and beyond, new materials will be required to address the shortcomings of today's modulators. With its proprietary EO Polymer technology, Lightwave Logic is uniquely positioned to become a critical supplier of solutions for the future of the Generative AI market.  I am excited to join the Lightwave Logic Board and look forward to leveraging my business experience to provide strategic advice to take advantage of these unique growth opportunities."

Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic added: "Over his career, Yves has consistently demonstrated his ability to lead and develop global business strategies, drive product innovation, and achieve significant business growth. As a recognized thought leader in our industry, I believe his deep bench of experience will prove instrumental as we engage with Tier-1 customers for licensing and selling our polymer modulators. Yves's experience aligns with our goal to make electro-optic polymers ubiquitous and will help us accelerate silicon photonics adoption in the datacenter environment, driven by the growing demand for Generative AI," concluded Lebby.

About Lightwave Logic, Inc.

Lightwave Logic, Inc. (NASDAQ: LWLG) develops a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor. 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 www.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 and 10-Q; other risks to which our company is subject; other factors beyond the company's control.

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

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SOURCE Lightwave Logic, Inc.

FAQ

Who is Yves LeMaitre and why was he appointed to Lightwave Logic's Board of Directors?

Yves LeMaitre is an industry veteran with over 30 years of executive experience in photonics and global IT. He was appointed to Lightwave Logic's Board of Directors effective August 1st, 2024, to leverage his expertise in productizing and scaling optical technology for datacenters.

How might Yves LeMaitre's appointment impact Lightwave Logic's (LWLG) business strategy?

LeMaitre's appointment is expected to strengthen Lightwave Logic's position in the optical communications industry, particularly in addressing the growing demand for Generative AI and datacenter solutions. His experience could help accelerate silicon photonics adoption and engage Tier-1 customers for licensing and selling polymer modulators.

What is Lightwave Logic's (LWLG) focus in the optical communications industry?

Lightwave Logic focuses on leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor. The company aims to address the limitations of legacy technologies in scaling up bandwidth for AI and machine learning clusters.

How does Lightwave Logic (LWLG) plan to capitalize on the Generative AI market?

Lightwave Logic believes its proprietary EO Polymer technology positions it to become a critical supplier of solutions for the future of the Generative AI market, addressing the need for massive, meshed, and parallel interconnections of GPUs inside AI and machine learning clusters.

Lightwave Logic, Inc.

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