Welcome to our dedicated page for Lightwave Logic news (Ticker: LWLG), a resource for investors and traders seeking the latest updates and insights on Lightwave Logic stock.
Lightwave Logic (LWLG) is a Colorado-based material and device development company focused on commercializing organic nonlinear polymers for electro-optic devices. They aim to introduce superior speed, lower power consumption, and smaller size organic modulators for fiber-optic telecom and data communications, with extensions into sensors and optical computing. Lightwave Logic utilizes its P2IC technology platform for next-generation electro-optic photonic devices and designs organic chromophores for Electro-Optic polymer systems and photonic devices.
The company recently announced the issuance of a significant patent enhancing the stability and performance of its EO chromophores, aiming to revolutionize EO polymer modulators, operating at 200Gbps with 1V drive voltage levels. This innovation is poised to impact optical modulator devices' robustness positively, particularly in silicon foundries for high-volume manufacturing processes.
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Lightwave Logic, Inc. (NASDAQ: LWLG) demonstrates thought leadership by contributing to the Integrated Photonics System Roadmap, aiming to accelerate high-volume commercial manufacturing of integrated photonics until 2040. The company played a key role in chapters focusing on transceivers, polymers, and interconnects, highlighting the importance of electro-optic polymers in transmitting data efficiently. Dr. Michael Lebby, Chairman and CEO, emphasized the significance of establishing a global network to drive PIC technology and systems requirements, positioning Lightwave Logic as a key player in the evolving photonics industry.
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Lightwave Logic, Inc. (LWLG) announces the issuance of a patent improving the stability and performance of its EO chromophores, enhancing data transmission at higher speeds with less power. The Diamondoid-based invention boosts the company's polymer materials for datacenter applications, catering to the growing demand for generative AI across the internet.
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Lightwave Logic, Inc. achieves world-class performance with its Perkinamine™ EO polymer material in collaboration with ETH Zurich, demonstrating data rates beyond 400Gbps per lane, exceeding industry expectations and paving the way for 1.6Tbps pluggable transceiver modules.
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Lightwave Logic, Inc. (NASDAQ: LWLG) showcased its groundbreaking 200Gbps polymer/silicon photonic modulator at the 2024 Optical Fiber Conference in San Diego. Dr. Michael Lebby discussed the record low drive voltage results, highlighting the potential for high-performance optical polymer modulators with low power consumption. The presentation focused on the company's novel packaged heterogeneous polymer EO modulator design and the integration of silicon photonics devices. These advancements pave the way for 800Gbps pluggable optical transceivers for datacenter applications, combining the cost benefits of silicon photonics with the power advantages of Lightwave Logic's EO polymers.
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Lightwave Logic, Inc. (LWLG) announced its Annual Meeting of Shareholders to be held on May 22, 2024, followed by a webcasted corporate update presentation by CEO Dr. Michael Lebby. Shareholders will have the opportunity to tour the Englewood facility and witness a device demonstration.
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Lightwave Logic, Inc. (LWLG) has been invited to attend the 36th Annual ROTH Conference and LD Micro Invitational to present its technology platform utilizing electro-optic polymers for faster data transmission with lower power consumption. Management will host presentations and meetings with institutional investors at both events.
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Lightwave Logic, Inc. (LWLG) provides a corporate update along with its Annual Report for Q4 2023, highlighting key achievements like hosting meetings for licensing agreements, receiving an industry award, and participating in prestigious industry conferences. The company reported cash and cash equivalents of $31.4 million as of December 31, 2023, enabling operations through July 2025. Dr. Michael Lebby, Chairman and CEO, discusses the positive momentum in licensing discussions, focusing on reliability data, scalability, and long-term partnerships. With a strong cash position and ongoing efforts to expand facilities and intellectual property, the company aims to capitalize on its technology to deliver sustainable value for shareholders.
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Lightwave Logic, Inc. (NASDAQ: LWLG) has had a transformational year in 2023, focusing on commercial material supply and license agreements, industry awareness efforts, and fortifying their intellectual property position. The company also expanded their laboratory production facilities and added key team members to support anticipated growth. They signed a 4-year material supply and license agreement for Perkinamine® and continued to receive strong interest from potential customers. Lightwave Logic also strengthened their intellectual property portfolio with new patents and achieved groundbreaking results and performance metrics in their technology. The company is positioning itself for ubiquity in the industry and is well positioned for future commercialization and growth.
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Lightwave Logic, Inc. (NASDAQ: LWLG) hosted meetings with a variety of companies to discuss licensing agreements for its EO polymer materials. The company also completed new laboratory production facilities, expanded its corporate facility, had cash and cash equivalents of $30 million as of September 30, 2023, and appointed Laila Partridge to its Board of Directors. Additionally, the company received the 2023 Industry Award for Most Innovative Hybrid PIC/Optical Integration Platform and was invited to speak at leading industry and investor conferences internationally.
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Lightwave Logic, Inc. has announced that its management has been invited to attend three upcoming technology conferences: the ROTH MKM New York Technology Conference, the ROTH MKM Deer Valley Conference, and the Sequire Puerto Rico Investor Summit. The company will provide a presentation at the Sequire Puerto Rico Investor Summit and host one-on-one meetings with institutional investors at each event.
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FAQ
What is the current stock price of Lightwave Logic (LWLG)?
The current stock price of Lightwave Logic (LWLG) is $2.77 as of November 20, 2024.
What is the market cap of Lightwave Logic (LWLG)?
The market cap of Lightwave Logic (LWLG) is approximately 331.0M.
What is Lightwave Logic's primary focus?
Lightwave Logic is primarily focused on commercializing organic nonlinear polymers for electro-optic devices, aiming for applications in fiber-optic telecom, data communications, sensors, and optical computing.
What technology platform does Lightwave Logic utilize for its device development?
Lightwave Logic uses the P2IC technology platform to create next-generation electro-optic photonic devices, leveraging organic chromophores for its proprietary Electro-Optic polymer systems and photonic device designs.
What recent achievement did Lightwave Logic announce?
Lightwave Logic recently announced the issuance of a significant patent enhancing the stability and performance of its EO chromophores, which aims to revolutionize EO polymer modulators operating at high speeds with minimal power consumption.
How does Lightwave Logic's innovation impact the industry?
Lightwave Logic's innovation with organic modulators promises superior speed, lower power consumption, and smaller size devices than present inorganic models, potentially enhancing the overall performance and stability of polymer materials used in optical modulator devices.
What are some key applications of Lightwave Logic's materials and devices?
Lightwave Logic's materials and devices find applications in high-speed fiber-optic telecom, data communications, sensors, and optical computing, showcasing the versatility and extendability of their technology.
How does Lightwave Logic aim to disrupt the industry?
Lightwave Logic aims to disrupt the industry by introducing organic modulators with superior speed, lower power consumption, and smaller size than existing inorganic devices, setting new benchmarks for electro-optic devices.
Lightwave Logic, Inc.
Nasdaq:LWLG
LWLG Rankings
LWLG Stock Data
331.02M
121.58M
0.65%
27.88%
17.33%
Specialty Chemicals
Miscellaneous Plastics Products
United States of America
ENGLEWOOD