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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lightwave Logic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lightwave Logic's position in the market.
Lightwave Logic (NASDAQ: LWLG) reaffirmed the commercialization timeline for its proprietary Perkinamine® electro-optic (EO) polymers presented at its Annual Shareholder Meeting on May 22, 2024. The EO polymers, known for enabling high-speed data transmission with low power consumption, have garnered increased interest from Tier 1 companies, driven by the demands of AI, machine learning, and cloud services. The company aims to secure material supply licensing agreements throughout 2024, with growth expected in 2025 and beyond. Demonstrations of the technology have attracted interest from over 25 companies. CEO Dr. Michael Lebby expressed confidence in the company’s competitive advantage and near-term commercial agreement goals.
Lightwave Logic (NASDAQ: LWLG) has partnered with Advanced Micro Foundry (AMF) to develop advanced silicon photonics modulators using Lightwave Logic's proprietary electro-optic (EO) polymers. This collaboration has achieved record-breaking results with modulators demonstrating sub-1V drive voltages and data rates of 200Gbps PAM4, ideal for 800Gb/s and 1.6T Gb/s transceivers. These innovations aim to meet the growing demand for optical connectivity in AI computing clusters. The partnership focuses on leveraging AMF's silicon photonics platform and 200mm wafer manufacturing processes to achieve scalable production. This development marks a significant milestone in integrated photonics, combining silicon photonics with polymer materials.
Lightwave Logic, Inc. provides a corporate update for the first quarter of 2024, highlighting achievements such as world-class performance of polymer modulators, new patents for improved stability and performance, and significant contributions to the integrated photonics industry roadmap. The company showcased its Perkinamine® EO polymer operating at 437.1Gbps, secured $31.5 million in cash and cash equivalents, and participated in industry conferences. The CEO emphasized the company's leadership in photonics, future datacenter demands, and technological advancements.