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 (NASDAQ: LWLG) has entered its fifth agreement with Lincoln Park Capital Fund, LLC, securing a financing deal worth $3 million at $9.16 per share. This agreement allows Lightwave Logic to sell up to an additional $30 million of common stock over a 36-month period, offering significant flexibility in capital sourcing. CEO Jim Marcelli stated that with a current cash reserve of approximately $15 million, this financing is crucial for product commercialization and long-term shareholder value.
Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company specializing in electro-optic (EO) polymers, announced its participation in the LD Micro Main Event from October 12-14, 2021. CEO Dr. Michael Lebby and President Jim Marcelli will present on October 12 at 2:00 p.m. ET and engage in one-on-one investor meetings. The conference will be held both in-person at Luxe Sunset Bel Air, Los Angeles, and virtually. Interested parties can access the live webcast here.
On September 16, 2021, Lightwave Logic (NASDAQ: LWLG) announced a world-record performance for a polymer modulator during an optical transmission experiment at ETH Zurich. The experiment demonstrated a transmission speed of 220 Gbit/s OOK and 408 Gbit/s 8PAM over 100m, utilizing a low-voltage drive of 0.6V and achieving an on-chip loss of 1 dB. The results were presented at the European Conference on Optical Communications (ECOC), providing third-party validation for Lightwave's innovative Perkinamine™ chromophores. The company is focusing on optimizing performance with silicon foundries.
Lightwave Logic (NASDAQ: LWLG) has been awarded the 2021 Industry Award for Optical Integration at the European Conference on Optical Communications (ECOC) held in Bordeaux from September 13-15, 2021. This recognition highlights the company's innovative electro-optic polymers that enable high-speed data transmission with lower power consumption. CEO Dr. Michael Lebby expressed pride in receiving the award, which validates their breakthrough technology. The award ceremony took place at 3:00 p.m. Central European Time during the exhibition.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced it will ring the closing bell at the Nasdaq Stock Market on September 10, 2021, celebrating its recent listing on the Nasdaq Capital Market, effective September 1, 2021. CEO Dr. Michael Lebby commented on the event as a significant milestone, reflecting the company's momentum and the strength of its team and technology. Lightwave Logic focuses on developing proprietary electro-optic polymers aimed at enhancing data transmission speed and energy efficiency in telecommunications.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced its participation in the H.C. Wainwright 23rd Annual Global Investment Conference, scheduled from September 13-15, 2021. CEO Dr. Michael Lebby and President Jim Marcelli will host a virtual presentation available starting at 7:00 a.m. Eastern Time on September 13, alongside one-on-one investor meetings. Lightwave Logic focuses on developing proprietary electro-optic polymers that enable faster data transmission with lower power consumption, targeting the data communications and telecommunications markets.
Lightwave Logic, Inc. (OTCQX: LWLG) announced its participation in the virtual Q3 Investor Summit on August 17-18, 2021. CEO Dr. Michael Lebby will engage in one-on-one investor meetings and deliver a presentation on August 17 at 3:30 p.m. Eastern time. The event will focus on the company's innovative platform utilizing proprietary electro-optic polymers for faster, energy-efficient data transmission. A live audio webcast will be available for participants. For details, visit www.investorsummitgroup.com.
Lightwave Logic (OTCQX: LWLG) announced the grant of U.S. Patent 11,067,748 for a new design that enhances optical routing architectures in polymer-based integrated photonics. This innovation involves optical waveguide transition designs that can scale with foundries, facilitating high-speed and energy-efficient data transmission. CEO Michael Lebby highlighted the patent's potential in routing optical signals effectively, meeting the demand for increased internet data traffic while reducing power consumption. The technology positions Lightwave Logic strategically within the integrated photonics market.
Lightwave Logic, Inc. (OTCQX: LWLG) has enhanced the thermal design properties of its electro-optic polymers, vital for its Polymer Plus™ and Polymer Slot™ modulators. This improvement facilitates higher speeds and stability for silicon foundry processes. CEO Michael Lebby highlighted a 2x enhancement in r33, crucial for fiber optic and telecommunications applications. The new polymer material, developed with customer feedback, demonstrates superior thermal performance compared to existing commercial solutions. This advancement aims to broaden market adoption of Lightwave Logic's innovative technologies.
Lightwave Logic, Inc. (OTCQX: LWLG), known for its electro-optic polymer technology, has been invited to present at the 2021 European Conference on Optical Communications (ECOC) in Bordeaux, France, from September 13-15. CEO Dr. Michael Lebby will discuss the impact of recently issued patents and improvements to polymer stability, which aim to enhance internet speeds while reducing power usage. He emphasizes that their polymer-based modulators can potentially double existing device speeds, transforming internet infrastructure.
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