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, Inc. (NASDAQ: LWLG) is a technology platform company that focuses on proprietary electro-optic (EO) polymers used to transmit data at higher speeds with less power in compact form factors. The news flow around Lightwave Logic centers on developments in its electro-optic polymer materials, commercial collaborations, leadership changes, and capital markets activity.
Company updates highlight the Perkinamine electro-optic polymer platform, including technical programs with Fortune Global 500 companies. News items describe efforts to co-develop custom Perkinamine variants and solutions for 400Gb/s Co-Packaged Optics applications, integration with silicon photonics photonic integrated circuits, and milestones in a multi-stage design win cycle that targets deployment in hyperscale data centers or AI factories.
Investors following LWLG news can also track announcements about supply chain positioning, such as the company’s statements that Perkinamine is fully rare-earth-free and produced entirely in Denver, Colorado. Leadership and governance news includes new executive appointments, retirement plans for senior officers, and changes in finance and strategy roles, such as the appointment of a Principal Financial Officer and a Chief Technology Officer & Head of Strategy.
Capital markets and corporate finance updates are another recurring theme, with press releases detailing underwritten public offerings of common stock under an effective shelf registration statement on Form S-3, the use of proceeds, and the termination of prior equity purchase agreements. In addition, Lightwave Logic regularly announces participation in investor conferences, webcasts, and update calls, providing context on its commercialization plans and technology roadmap. This news page aggregates these items so readers can follow LWLG’s progress in electro-optic polymers, commercial partnerships, financing, and corporate governance.
Lightwave Logic, Inc. (NASDAQ: LWLG) has appointed Dr. John Zyskind as Vice President of Engineering, focusing on commercialization and partnerships with foundries. Dr. Zyskind brings extensive experience from his role at Skorpios and previous positions at Bell Laboratories and other tech firms, enhancing Lightwave's capabilities in engineering and reliability of electro-optic polymer technology. CEO Michael Lebby expressed enthusiasm about Dr. Zyskind's contributions in driving growth and shareholder value.
Lightwave Logic (NASDAQ: LWLG) announced the retirement of Dr. Joseph A. Miller from the Board of Directors, transitioning him to the Advisory Board. Dr. Craig Ciesla, previously on the Advisory Board, has been appointed to the Board. Ciesla brings extensive experience from Illumina and previous roles at Kaiam and Tactus Technology, emphasizing innovation in photonics and communications. Chairman Tom Zelibor praised Ciesla's technology expertise and business acumen as crucial for commercialization efforts. Miller, who served since 2011, will continue to advise in a new capacity.
Lightwave Logic (NASDAQ: LWLG) announced successful testing of optical grating couplers, which will be integrated into its Design Tool Kit. This development is intended to enhance the functionality of the company's modulators by enabling efficient light coupling, thus improving the efficacy of silicon photonics platforms. CEO Michael Lebby emphasized the importance of this advancement in streamlining production for foundry partners, aiming for expedited commercialization and long-term shareholder value.
Lightwave Logic, Inc. (NASDAQ: LWLG) announced the publication of its patent application 20210405504A1, enhancing the stability and performance of its electro-optic polymers. This patent significantly improves the electro-optic properties, allowing for data transmission that is 2-3 times faster and with lower power consumption compared to existing technologies. The innovative materials aim to optimize integrated photonics in silicon foundries, promising substantial advancements for data-heavy applications and energy-efficient solutions in the telecommunications market.
Lightwave Logic, Inc. (NASDAQ: LWLG) will participate in two key investor conferences in December 2021. The management team, including CEO Dr. Michael Lebby and President Jim Marcelli, will present at the ROTH 10th Annual Deer Valley Investor Conference from December 8-11 and at the Oppenheimer's 5G Summit on December 14 at 10:45 a.m. ET. Live webcasts of the presentations will be available, emphasizing the company's advancements in electro-optic polymers for high-speed data transmission.
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.
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