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Lightwave Logic, Inc. - $LWLG STOCK NEWS

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.

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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.

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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.

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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.

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Lightwave Logic, Inc. (NASDAQ: LWLG) demonstrates thought leadership by contributing to the Integrated Photonics System Roadmap, aiming to accelerate high-volume commercial manufacturing of integrated photonics until 2040. The company played a key role in chapters focusing on transceivers, polymers, and interconnects, highlighting the importance of electro-optic polymers in transmitting data efficiently. Dr. Michael Lebby, Chairman and CEO, emphasized the significance of establishing a global network to drive PIC technology and systems requirements, positioning Lightwave Logic as a key player in the evolving photonics industry.
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Lightwave Logic, Inc. (LWLG) announces the issuance of a patent improving the stability and performance of its EO chromophores, enhancing data transmission at higher speeds with less power. The Diamondoid-based invention boosts the company's polymer materials for datacenter applications, catering to the growing demand for generative AI across the internet.
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Lightwave Logic, Inc. achieves world-class performance with its Perkinamine™ EO polymer material in collaboration with ETH Zurich, demonstrating data rates beyond 400Gbps per lane, exceeding industry expectations and paving the way for 1.6Tbps pluggable transceiver modules.
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Lightwave Logic, Inc. (NASDAQ: LWLG) showcased its groundbreaking 200Gbps polymer/silicon photonic modulator at the 2024 Optical Fiber Conference in San Diego. Dr. Michael Lebby discussed the record low drive voltage results, highlighting the potential for high-performance optical polymer modulators with low power consumption. The presentation focused on the company's novel packaged heterogeneous polymer EO modulator design and the integration of silicon photonics devices. These advancements pave the way for 800Gbps pluggable optical transceivers for datacenter applications, combining the cost benefits of silicon photonics with the power advantages of Lightwave Logic's EO polymers.
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Lightwave Logic, Inc. (LWLG) announced its Annual Meeting of Shareholders to be held on May 22, 2024, followed by a webcasted corporate update presentation by CEO Dr. Michael Lebby. Shareholders will have the opportunity to tour the Englewood facility and witness a device demonstration.
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Lightwave Logic, Inc. (LWLG) has been invited to attend the 36th Annual ROTH Conference and LD Micro Invitational to present its technology platform utilizing electro-optic polymers for faster data transmission with lower power consumption. Management will host presentations and meetings with institutional investors at both events.
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Lightwave Logic, Inc. (LWLG) provides a corporate update along with its Annual Report for Q4 2023, highlighting key achievements like hosting meetings for licensing agreements, receiving an industry award, and participating in prestigious industry conferences. The company reported cash and cash equivalents of $31.4 million as of December 31, 2023, enabling operations through July 2025. Dr. Michael Lebby, Chairman and CEO, discusses the positive momentum in licensing discussions, focusing on reliability data, scalability, and long-term partnerships. With a strong cash position and ongoing efforts to expand facilities and intellectual property, the company aims to capitalize on its technology to deliver sustainable value for shareholders.
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Lightwave Logic, Inc.

Nasdaq:LWLG

LWLG Rankings

LWLG Stock Data

369.89M
118.48M
5.23%
27.07%
16.69%
Paint and Coating Manufacturing
Manufacturing
Link
United States of America
ENGLEWOOD

About LWLG

lightwave logic (lwlg) is a colorado based material and device development company that is commercializing its leading organic nonlinear polymers for a variety of electro-optic devices, with primary applications in high-speed fiber-optic telecom and data communications. our development roadmap is geared to disrupt the industry by introducing organic modulators that have superior speed, lower power consumption, and smaller size than present inorganic devices. our materials and devices are extendable into other applications, including sensors and optical computing.