Lightwave Logic, Inc. - LWLG STOCK NEWS

Lightwave Logic, Inc. (NASDAQ: LWLG) provided a shareholder update from CEO Dr. Michael Lebby, reflecting on 2022's advancements in its electro-optic polymer technologies. The company achieved world record performances in polymer modulators and secured multiple patents to enhance production capabilities. Key developments include partnerships with foundries for chip-scale packaging and intensified reliability testing. Looking ahead, LWLG expects significant milestones in 2023, including potential licensing agreements and further performance demonstrations to drive shareholder value.

Lightwave Logic (NASDAQ: LWLG) announced remarkable figure-of-merit performance results for its electro-optical polymer modulators in collaboration with Polariton Technologies. The modulators demonstrated an ultra-low voltage-length product FoM of 60 Vum—10 times better than current optical semiconductor modulators. These advancements enable significant power savings and higher data throughput, positioning Lightwave Logic favorably for next-generation optical network applications. CEO Michael Lebby emphasized the potential impact on high-capacity interconnects as the industry shifts towards more energy-efficient solutions.

Lightwave Logic (NASDAQ: LWLG) announced the issuance of a U.S. patent for a new technology enabling chip-scale packaging of polymer modulators, simplifying high-volume manufacturing. The patent, titled 'Hybrid electro-optic polymer modulator with atomic layer deposition sealant layer' (US 11,506,918 B2), facilitates sealing polymers against moisture at low temperatures, crucial for high-volume applications. This advancement in packaging techniques positions the company to improve stability and reliability while potentially lowering production costs, aligning with trends in silicon electronics.

Lightwave Logic (NASDAQ: LWLG) has acquired the polymer technology and intellectual property of Chromosol Ltd (UK), enhancing its design capabilities with foundry process development kits (PDKs) utilizing low temperature atomic layer deposition (ALD). This acquisition strengthens LWLG's patent portfolio, particularly with a novel polymer chemistry patent that could boost the performance of integrated modulators. The technology supports the company’s entry into the 800Gbps integrated photonics market, improving production efficiency and compatibility with existing foundry equipment.

Lightwave Logic, Inc. (NASDAQ: LWLG) has announced the issuance of a U.S. patent for a novel fabrication process that enhances polymer modulator manufacturing within silicon foundries. This patent, titled "Hybrid electro-optic polymer modulator with silicon photonics," enables high-yielding, stable poling of polymers and supports mass production using existing silicon equipment. CEO Dr. Michael Lebby stated this development strengthens their intellectual property and simplifies production processes, aiming to create long-term value for shareholders. The Process Development Kit for the new design is also in progress.

Lightwave Logic, Inc. (NASDAQ: LWLG) announced a newly issued U.S. patent for a hybrid polymer-silicon photonics engine aimed at simplifying the fabrication of polymer modulators for high-volume manufacturing. This innovation, known as the TFP optical transition device, is expected to enhance internet traffic flow and reduce energy consumption. The patent strengthens Lightwave Logic's intellectual property portfolio and aims to improve existing silicon photonics technology, positioning the company for growth in data communications and telecommunications markets.

Lightwave Logic, Inc. (NASDAQ: LWLG) provided a corporate update alongside its Q3 2022 financial results. As of September 30, 2022, the company had $25 million in cash, sufficient to finance operations through March 2024. Notable achievements include demonstrating a 250GHz electro-optical link and setting records for low-power modulators in collaboration with ETH Zurich and Karlsruhe Institute of Technology. Management emphasized the potential of their technologies for next-generation optical systems, positioning LWLG as a thought leader in the sector.

Lightwave Logic and Polariton Technologies announced a breakthrough achievement in electro-optical communication, presenting a world-record 250GHz EOE link at the 2022 European Conference on Optical Communications. This collaboration with ETH Zurich showcased the performance of high-speed plasmonic modulators using Lightwave's proprietary Perkanamine chromophores. The results indicate significant advancements in optical networking technologies, emphasizing the scalability potential of hybrid electro-optic polymers and graphene devices for future high-capacity interconnects.

Lightwave Logic, Inc. (NASDAQ: LWLG) achieved a world record for low-power ultra-high-speed 'green' slot modulators in collaboration with Karlsruhe Institute of Technology and SilOriX, as presented at the 2022 European Conference on Optical Communications. The modulators utilize LWLG's advanced Perkinamine™ chromophores and exhibit thermal stability at 85°C with high energy efficiency. These devices enable PAM4 transmission at 140 GBd with sub-1V drive signals, showcasing LWLG's potential to revolutionize optical networking and confirming its technology's applicability across diverse device structures.