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.
Lightwave Logic, Inc. (NASDAQ: LWLG) has been invited to present at the 2022 European Conference on Optical Communications (ECOC) in Basel, Switzerland, from September 18-22, 2022. CEO Dr. Michael Lebby, who is also the Chairman of the ECOC Market Focus Committee, will discuss scaling hybrid electro-optic polymer modulators and present recent findings on stable EO polymers. He emphasized the industry shift toward electro-optic polymer modulators for enhancing data transmission speed and reducing power consumption, positioning Lightwave as a leader in this evolving field.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced its participation in two upcoming investor conferences: the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, at Lotte Hotel in New York and the LD Micro Main Event XV on October 25, 2022, at Luxe Sunset Boulevard Hotel in Los Angeles. CEO Dr. Michael Lebby and President Jim Marcelli will present and hold one-on-one meetings at both events. The LD Micro presentation will be webcasted, with a link provided for access. Lightwave specializes in electro-optic polymers to enhance data transmission efficiency.
Lightwave Logic (NASDAQ: LWLG) reported significant developments in its Q2 2022 update filed on August 9, 2022. The company holds $24.8 million in cash, sustaining operations until February 2024. Enhanced photostability results for its electro-optic polymer modulators highlight their potential for commercial use. The firm was added to the Russell 3000 Index, enhancing visibility among investors. Three patent applications were publicly announced, focusing on manufacturing simplification and polymer modulator production.
Lightwave Logic (NASDAQ: LWLG) has announced participation in upcoming investor conferences, including the Benzinga All-Access Show and the Jefferies Semis, IT Hardware & Comm Infrastructure Summit. CEO Dr. Michael Lebby and President Jim Marcelli will engage in one-on-one meetings and present at these events. The Benzinga presentation is scheduled for July 22, 2022, at 9:20 a.m. Eastern Time, with a live webcast available. The Jefferies Summit will take place on August 30, 2022, in Chicago, IL. Registration is required for participation.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced CEO Dr. Michael Lebby's co-chairing of the 6th Photonic Integrated Circuits (PIC) International Conference on June 28-29, 2022, in Brussels, Belgium. The conference emphasized the importance of reducing power consumption in optical networking. Dr. Lebby presented on low power optical networking solutions and participated in discussions on hybrid PIC technology. The company’s electro-optic polymer modulators are seen as key to enhancing power efficiency for datacenters. The event featured over 30 presentations, attracting significant attendance.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced its inclusion in the Russell 3000® Index effective June 27, 2022. This milestone underscores the company's significant progress in developing proprietary electro-optic polymers that enhance data transmission speeds while reducing power consumption. The inclusion is expected to attract more institutional investors and benefit existing shareholders. With $12 trillion in assets benchmarked against Russell indexes, this recognition could elevate Lightwave Logic's market visibility and investor interest moving forward.
Lightwave Logic (NASDAQ: LWLG) announced a new U.S. patent application for a novel approach to chip-scale packaging of polymer modulators, enhancing high-volume manufacturing capabilities. This innovation, which integrates a sealant layer using atomic layer deposition, will protect the company's proprietary electro-optic polymers from moisture, facilitating simplified production without separate hermetic enclosures. CEO Michael Lebby emphasized the significance of this breakthrough in miniaturizing polymer modulator devices and optimizing the company's intellectual property for future manufacturing.
Lightwave Logic has announced a U.S. patent application for a novel fabrication process aimed at enhancing polymer modulator manufacturing integrated with silicon photonics. This patent enables high-volume foundry potential by allowing stable, high-yielding poling of polymer devices. CEO Michael Lebby stated this innovation is essential for scaling processes in silicon foundries. The patent positions Lightwave's polymers as critical components for next-generation pluggable fiber optic transceivers, facilitating faster data transfer across the internet, enhancing overall connectivity.
Lightwave Logic (NASDAQ: LWLG) issued a response to a report by Kerrisdale Capital, which the company claims contains false and misleading statements. Kerrisdale, which has admitted it does not guarantee the accuracy of its report, is reportedly short selling LWLG shares. Lightwave Logic reaffirmed its commitment to its prior statements and ongoing efforts to commercialize its electro-optic polymer technology, which aims to enhance data transmission efficiency. The response emphasizes that the report's intent appears to be to manipulate the stock price for profit at shareholders' expense.
Lightwave Logic (NASDAQ: LWLG) reported significant advancements in photostability for its proprietary electro-optic polymer modulators, essential for commercial deployment reliability. Testing showed no performance degradation after 3000 hours of intense optical exposure, confirming compatibility with high-volume manufacturing and operational reliability for optical transceivers. CEO Michael Lebby highlighted the importance of these results in addressing customer concerns about manufacturing processes and the durability required for internet infrastructure, positioning the technology as a crucial upgrade for internet speed and power efficiency.
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