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) released a corporate update alongside its Q3 2021 financial report, reporting approximately $15 million in cash as of November 15, 2021, which is expected to fund operations through March 2023. The company achieved a world record in polymer modulator performance and expanded its patent portfolio to over 72 patents. The uplisting to the Nasdaq is seen as a milestone for enhancing liquidity and shareholder base. Management emphasizes ongoing innovations and strong collaborations for future commercialization.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced its participation in two upcoming investor conferences: the ROTH 10th Annual Virtual Technology Conference and the Ladenburg Thalmann Virtual Technology Expo, both set for November 2021. CEO Dr. Michael Lebby and President Jim Marcelli will present at the Ladenburg Expo on November 18 at 11:00 a.m. Eastern Time. Attendees can access a live audio webcast of the presentation. The company specializes in electro-optic polymers that enable high-speed data transmission with reduced power consumption.
Lightwave Logic (NASDAQ: LWLG) announced that CEO Dr. Michael Lebby will deliver a keynote speech and co-moderate a session at the 5th PIC International conference in Brussels on November 8, 2021. He will discuss the significance of photonic integrated circuit (PIC) pilot lines, which are crucial for commercializing photonics integration platforms. Dr. Lebby highlighted the growing trend of integrating diverse technologies to enhance PIC performance, particularly in industries such as medical and automotive, showcasing the potential for increased wafer volume in traditional silicon foundries.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced that CEO Dr. Michael Lebby will co-chair the 5th Photonic Integrated Circuits (PIC) International Conference on November 9-10, 2021, in Brussels. Dr. Lebby will present on increasing power efficiency using electro-optic (EO) polymers, highlighting the need for lower power consumption in modern applications. The conference aims to provide insights into the photonics industry and will feature over 30 presentations from industry experts. This engagement may enhance the company's visibility and partnerships in the photonics market.
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.
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