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Lightwave Logic Inc (LWLG) RSS Feed

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Created
01/06/07
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Moderators pochemunyet prototype_101 Pro_v12001 LOVELWLG JLPTNG Lightning_Rod
Lightwave Logic (Nasdaq: LWLG) is a technology platform company, leveraging its proprietary technology platform to develop next-generation electro-optic polymers which increase the efficiency of internet infrastructure by converting data into optical signals, allowing more data to be transmitted at significantly higher speeds and with less power than existing solutions.

The need for Lightwave Logic’s proprietary electro-optic polymers is more evident than at any prior point in history, with internet infrastructure coming under increasing strain due to increased online activity. For example, during the recent COVID-19 pandemic, leading platforms such as YouTube prevented high-definition (HD) streaming in Europe due to data throughput issues in existing internet infrastructure.

The Company’s current focus is on the datacom and telecommunications hardware supply chain for the 100 Gbps and 400 Gbps fiber optics communications market, seeking to integrate its proprietary materials into the devices that comprise key components in today’s internet infrastructure. Lightwave Logic’s unique value proposition, including ease of manufacture relative to traditional solutions, has driven several tier-1 and tier-2 potential strategic partners in the data and telecommunications markets to enter into non-disclosure agreements (NDAs) with Lightwave Logic to evaluate its technology for use in their devices, validating the demand for the Company’s solution in the marketplace. The Company expects to introduce its technology into the commercial marketplace in the near future.

Lightwave Logic is a wholly U.S.-based company with in-house materials synthesis, device/package design, wafer fabrication and testing capabilities at its Englewood, Colorado headquarters.
 

What is a complete technology platform?

  • The materials are just the starting point.  In order to take advantage of the capabilities of the innovative EO polymers fully, the company has developed a complete toolkit of compatible elements including:

     


    Device designs that bring electrical and optical signals together efficiently
    Ancillary materials to be used in devices to maintain low optical and electrical loss and high signal fidelity
    Fabrication processes approved for compatibility with polymers and ancillary materials
    Accurate metrology specific to polymers

 

What are the benefits of vertical integration?

Having the modulator and integrated circuit development in-house has informed the materials development direction and vice versa. This vertically integrated business model enables a superior platform by aligning the design for manufacturability from materials to complex circuits with the following benefits:

  • increased complexity of designs
    optimized power consumption
    reduced cost

Proprietary Electro-Optic Polymer Chemistry

What is electro-optics?

Materials are called electro-optic when they enable interactions between applied electric fields and light passing through them. Notably, they change the refractive index seen by the light with minimum loss. The result is an instantaneous and accurate conversion of an electrical signal  to an optical signal.  Optical signals are better for transmission over distance: an increasingly useful feature as digital signal speeds are now reaching the GHz and THz ranges and the corresponding electrical transmission distances are shrinking to meters and centimeters.

 

How is the polymer electro-optically active?

EO polymers are intrinsically superior in speed and sensitivity to electric field to traditional electro-optic materials such as Lithium Niobate, Indium Phosphide and Silicon. They are engineered materials, made by embedding a variety of specially designed electro-optic chromophore molecules into a wide range of standard host polymers.

Chromophores are complex, large molecules, on a scale akin to drug molecules. They are hyperpolarizable, meaning their electron clouds are easily pulled into a different shape by the applied electric field, changing their optical properties such as index of refraction.

The material is poled to become electro-optic by applying a strong electric field along with heat. The hot material is relatively soft, allowing the chromophore molecules suspended in the host polymer to align in the same direction (poling). Cooling the poled material after the molecules are in place traps them in their active state even after the poling field is removed.

 

Key features:

Although the electrons in the material respond to any applied electric field, they remain tightly bound to the molecule. The response to an applied signal is almost instantaneous response and recovery– like that of a tight spring– unlike materials that involve much slower macroscopic movement of free electrons.

Another key difference from traditional crystalline materials is the performance of EO polymers continues to improve as chemists explore the almost unlimited design space. Combinations of chromophores and host polymers can be tailored for specific applications.

High-speed Modulator Leveraging Electro-optic Polymer

In addition to innovating the EO polymer materials, Lightwave Logic takes its technology platform to the next level by developing ancillary materials and processes. These elements are brought together and demonstrated in advanced  high-speed optical modulators.

The polymer is spun onto silicon wafers and standard microfabrication techniques are used to deposit and pattern metal electrodes and optical waveguides.

One well-known optical modulator device is the Mach-Zehnder interferometer. The light output is changed by changing the relative phase between the two arms. One common trick to double the effect for the same available drive voltage is to drive the two arms in opposite directions (push-pull mode). Polymers have an interesting advantage over most other electro-optic materials which are crystalline. The direction of polymer’s electro-optic activity is entirely determined by the direction of the applied poling field. By poling the two arms of the Mach-Zehnder in opposite directions, the resulting device automatically has push-pull operation with a single applied signal.

Push-pull Mach-Zehnder Modulator

Once the modulator chip is made, it is packaged for mechanical protection and also to ensure signal quality for electrical and optical connections.

Below is a polymer optical modulator with >60 GHz bandwidth packaged with high-speed electrical connectors and optical pigtails.

Photonic Integration Platform Technology

Inspired by the remarkable record of integrated microelectronics, the opto-electronics industry has great interest in developing photonic integrated circuits (PICS). Photonics refers to devices that manipulate photons—that is, light—rather than electrons.

Even the best individual devices can be made more functional by integrating many together. Integration has many benefits, the most notable being dramatic improvements in size and cost. Yet, photonic integration has only recently come into the spotlight. The primary applications for photonics used to require stand-alone, high performance components such as used for long-haul telecom.

Now, photonic integration has suddenly come into the spotlight as electronic interconnects struggle to keep up with speed increases of electronic chips. Photonics is being looked at to replace electronics in already highly integrated applications such as chip interconnect. Co-packaging of electronics integrated circuits (ICs) with photonic interconnect, considered unlikely a few years ago, is now viewed by many as inevitable. However, this requirement poses new challenges that are acknowledged as difficult and that new technologies will be required to meet them.

P2IC™ (Polymer Photonic Integrated Circuits) are ideally positioned to be one of these new technologies. Lightwave Logic’s devices are made using conventional wafer-scale processing such as used for microelectronics and therefore similarly capable of being integrated. In addition, the polymer microfabrication processes are compatible with other materials platforms such as Silicon Photonics and Indium Phosphide which are now starting to become more integrated. In particular, the Silicon Photonics ecosystem has recently accepted that its roadmap will include adding more and more materials, each for their specific benefits. EO polymers’ speed and voltage advantages are attractive additions to this ecosystem.

 
 
Lightwave Logic’s electro-optic polymer (EO) technology is an ideal solution for the high-speed optical fiber communications market.

Application of Electro-Optic (EO) Polymers to High-Speed Optical Fiber Communications

A fiber link sends data from a transmitter to a receiver through an optical fiber cable. Lightwave Logic’s technology can be used to make a data modulator, a central function of the transmitter.

 

Market Segments

Datacenters and high-performance computing (HPC) are two market segments that demand the very highest speed optical fiber communications. The datacenter fiber communications segment includes applications ranging from connections inside hyperscale datacenters to fiber links between datacenter campuses.

Optical fiber communication is the infrastructure that supports internet content through its entire lifecycle, between businesses, consumers and datacenters. Behind the scenes, massive amounts of data move between computer processors inside datacenters (or inside supercomputers) as content is generated. In addition to these intra-datacenter links, there are also significant datacenter interconnection links between big datacenters to provide flexible capacity and resilience – all of these represent significant addressable market segments for Lightwave Logic’s technology.

Inside Datacenters                   Between Datacenters

    

Advantages of EO Polymers for High-Speed Optical Fiber Communications

Modulator performance limits the speed of the transmitter, which in turn limits the data-carrying capacity of the entire fiber link.  EO polymers have superior speed and sharply reduce the electrical power needed to operate the modulators.

Large and Growing Optical Fiber Communications Market

Lightwave Logic estimates that in 2019, the total market for opto-electronic components used in the fiber optics market reached a value of ~$26 billion and is forecasted to grow to approximately $80 billion by 2030.

Above: Market forecasts for photonic (electro-optic) components and transceivers used in optical fiber communications.  (Source: Oculi LLC)

The growth in the optical fiber communications market is driven by many factors, primarily:

  • Increasing richness, and therefore file size, of content
    Increasing access to high-speed internet service
    Faster response times

The historic trend has been a migration from text to graphics, followed by still graphics to increasingly high-definition video. On the accessibility front, the introduction of 5G will enable low-cost mobile internet connections at the same, or higher speeds, as today’s home broadband. This trend continues today as users demand more data at all times.

Recently, particularly since the onset of the COVID-19 pandemic, there has been a sharp increase in reliance on video-conferencing services, often replacing in-person meetings. As video conferencing becomes more commonly used, users will continue to demand faster response times to enable no-lag, real-time communications in full HD.

Other Markets

The benefits of EO polymers, such as low power usage, high speed, increased throughput and lower cost make them ideally suited for markets outside of communications as well, including in consumer, media, augmented reality/virtual reality, medical and industrial applications.
 

 PATENT PORTFOLIO

Developing, protecting and commercializing intellectual property is central to Lightwave Logic’s identity as a technology company. Lightwave Logic has over 50 U.S. and international patents and applications that are issued or pending.

These patents provide freedom of manufacture for the company’s electro-optic (EO) polymer materials systems and its optical device technology.

Lightwave Logic’s patent portfolio covers the following areas:

Materials

The company continuously seeks to innovate new electro-optic chromophores, designing molecular architectures to meet application needs such as high electro-optic activity and stability. We also design ancillary materials that are useful in conjunction with the EO polymers themselves. Example patents within the materials category include:

Publication Number Title
US Patent 7,902,322 Nonlinear optical chromophores with stabilizing substituent and electro-optic devices
US Patent 9,535,215 Fluorinated Sol-Gel Low Refractive Index Hybrid Optical Cladding and Electro-Optic Devices Made Therefrom

 

Optical Devices

As the company demonstrates its materials in devices, such as modulators, it has engineered ways to enhance device performance by means of device design and optimized control. Example patents within the optical device category include:

Publication Number Title
US Patent 10,520,673 Protection layers for polymer modulators/waveguides
US Patent 7,738,745 Method of Biasing and Operating Electr-Optic Polymer Optical Modulators

 

Fabrication

Materials innovations are followed by methods in which the Company or its partners can best work with the materials in the fabrication process. Example patents within the fabrication category include:

Publication Number Title
US Patent Application 20190353843 Fabrication process of polymer based photonic apparatus and the apparatus
US Patent 10,591,755 Direct-drive polymer modulator methods of fabricating and materials therefor

 

Integration with Semiconductors

Polymers can be used to add functionality to existing semiconductor devices, inclusive of making photonic integrated circuits (ICs). Areas of active innovation include how to get light from one material system into another with minimal losses. Example patents within the semiconductor integration category include:

Publication Number Title
US Patent 10,527,786 Polymer modulator and laser integrated on a common platform and method
US Patent 10,511,146 Guide transition device with digital grating deflectors and method

 

Packaging

Challenges for high-speed optical packaging includes maintaining the quality of radio-frequency electrical signals and hermetic/environmental sealing of devices for durability (while still allowing light to go through). Example patents within the packaging category include:

Publication Number Title
US Patent 10,574,025 Hermetic capsule and method for a monolithic photonic integrated circuit
US Patent 10,162,111 Multi-fiber/port hermetic capsule sealed by metallization and method

BIG RED FLAG!

We cannot assure you that we will meet the conditions of the 2023 Purchase Agreement with Lincoln Park in order to obligate Lincoln Park to purchase our shares of common stock, and we cannot assure you that we will be able to sell any shares under or fully utilize the Roth Sales Agreement. In the event we fail to do so, and other adequate funds are not available to satisfy long-term capital requirements, or if planned revenues are not generated, we may be required to substantially limit our operations. This limitation of operations may include reductions in capital expenditures and reductions in staff and discretionary costs.

BREAKING NEWS - POS SHORTER MSNELSON GETTING ON LWLG - ESTABLISHING A SHORT POSITION AND WORKING HER BS SHORT TACTICS  - INVESTORS BEWARE - LWLG NOT AN INVESTMENT AND CAN LOSE EVERYTHING- JUST A MOMENTUM PLAY - NO SALES, NO REVENUE, NO FUTURE, THE HUGE BURN RATE WILL MAKE FOR SOME TROUBLE IN THE NEAR FUTURE


BIGGER GREEN FLAGS!!!
LWLG HAS OVER $30 MILLION CASH ON THE BALANCE SHEET ENOUGH TO FUND THE OPERATING BUDGET THROUGH MID 2025!!!
YES THAT'S RIGHT!!! MID 2025!!!
LWLG ALSO HAS ZERO DEBT!!!!
LWLG ALSO HAS $100 MILLION SHELF ALREADY IN PLACE TO RAMP THE MASS COMMERCIALIZATION IN 2024!!!
LEBBY IS CLOSING MULTIPLE LICENSING AGREEMENTS IN THE NEAR-TERM!!!

LWLG wont last - HUGE Cash Burn and no income - Just look at their LOSSES and increasing exponentially - outstanding!

2019 - Loss 6.7M
2020 - Loss 6.7M
2021 - Loss 18.6M
2022 - Loss 17.2M
Just 2 Qs in 2023 - Loss of 20.8M on track for over 30M loss

What A Joke - No wonder Lebby getting POS MsNelson to liquidate and cash out before it's too late


https://www.otcmarkets.com/stock/LWLG/financials
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