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.
FAQ
What is the current stock price of Lightwave Logic (LWLG)?
The current stock price of Lightwave Logic (LWLG) is $2.98 as of November 22, 2024.
What is the market cap of Lightwave Logic (LWLG)?
The market cap of Lightwave Logic (LWLG) is approximately 351.2M.
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.