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POET Technologies and Liobate Technologies Collaborate on Ultra-High-Performance Photonic Integrated Circuits
https://www.globenewswire.com/news-release/2022/02/24/2391360/0/en/POET-Technologies-and-Liobate-Technologies-Collaborate-on-Ultra-High-Performance-Photonic-Integrated-Circuits.html
TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced a collaboration with Liobate Technologies to incorporate advanced Thin-Film Lithium Niobate (“TFLN”) modulators onto POET’s Optical Engines supporting power-efficient ultra-high-bandwidth electro-optic conversion for data center and telecom applications. This multi-phase, co-development project is initially focused on delivering and commercializing a POET 400/800Gps Transmit and Receive Optical Engine.
“We are very pleased to be working with one of the leading companies in TFLN modulators,” said Dr. Suresh Venkatesan, Chairman and CEO of POET Technologies. “Of all the materials currently under development for high-speed modulators, including monolithic silicon, indium phosphide and advanced polymers, we believe that TFLN offers the most promise for early commercial deployment and potential long-term success. The POET Optical Interposer platform is a hybrid integration platform, which provides the flexibility to utilize the most appropriate modulator for specific applications. We are pursuing multiple paths for light modulation, including silicon, TFLN-based electro-optic modulators, as well as Directly Modulated Lasers (DML) that do not require a separate modulating device. Our goal is to match components to the superior optical and electrical performance characteristics of the POET Optical Interposer, enabling POET to introduce ground-breaking performance in Optical Engines and Optical Interposer-based photonic integrated circuits for high-speed transceivers and co-packaged optics applications.”
Historically, Lithium Niobate has been one of the most mature, reliable and low-cost substances used in modulators, but because of its bulk and low power efficiency, it has not been widely used in high-speed, high-density optical interconnects in cloud datacenters. Known for its inherent high bandwidth, low insertion loss, nonlinear optical qualities and extreme reliability, it was not until the recent development of Thin-Film Lithium Niobate by a small number of companies globally that the use of this material is now enabling new applications in millimeter wave data communications, telecommunications, sensing and quantum computing.
About POET Technologies Inc.
POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™ a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers. POET is headquartered in Toronto, with operations in Allentown PA, Shenzhen, China and Singapore. More information may be obtained at www.poet-technologies.com.
POET Shareholder Contact:
Shelton Group
Brett L. Perry
sheltonir@sheltongroup.com POET Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet-technologies.com
This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, its co-development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products.
Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development and co-development efforts, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s third-party consultants, contractors and partners, including the success of co-development efforts and useability of certain materials, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, the failure of its development and co-development efforts, the use of inappropriate materials or components, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, delays in recruitment for its newly opened operations or changes in plans with respect to the development of the Company’s anticipated projects by third-parties, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, and the ability to raise additional capital. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075
Did someone post the Blackrock investment yet?
https://whalewisdom.com/stock/lwlg
1,434,595 shares
Industry related news and I know there are many POET investors here as well.
I wonder if our first "deal" announcement will be something like this with no $'s provided.
https://www.stocktitan.net/news/POETF/poet-technologies-to-supply-celestial-ai-with-its-optical-interposer-nnzo1rpytpkn.html
Usually there is a chat in the YouTube link if you attend.
For those interested, here was Michael Lebby on Benzinga TV on 12/7/21:
Another new Investment firm:
QUBE RESEARCH & TECHNOLOGIES LTD - picked up 190k shares
https://whalewisdom.com/stock/lwlg
Even the $30 million worth already setup with Lincoln? I still feel like Lincoln is the biggest problem with this manipulation.
I feel like until we sign a deal we don't have control...unless Nasdaq starts ripping which might save us a bit.
Great recall X...Sounds like timing is right.
What are your thoughts on the "shelf"? You said you had a theory.
Lightwave Logic Appoints Respected Industry Veteran Dr. John Zyskind as Vice President of Engineering
https://newsfilter.io/a/cf94a0ddff81e5e306b7ed007c222291
ENGLEWOOD, Colo., Jan. 27, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ:LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today announced the appointment of Dr. John Zyskind – a veteran of the telecom and data communications industries with vast experience with systems, transceiver design, silicon foundries, integrated photonics, and reliability – to spearhead the Company's engineering teams ahead of commercialization and scale up with foundry partners.
Dr. Zyskind most recently served as Vice President of Engineering, Quality and Reliability at Skorpios, where he led the due diligence and selection of the company's foundry partners for fabrication of its Silicon photonic integrated circuits (PICs), as well as PIC qualification and reliability testing. Prior to Skorpios, Dr. Zyskind served in engineering leadership positions at Bell Laboratories, Sycamore Networks, Optovia (the assets of which were later acquired by JDSU) and Mintera (later acquired by Oclaro). Dr. Zyskind's projects included seminal work on the development of optical amplifiers for wavelength division multiplexed systems, high-capacity long-haul WDM telecommunication systems, and high-capacity optical transceiver modules for the data communication and data center markets.
Dr. Michael Lebby, Chief Executive Officer of Lightwave Logic, commented: "The addition of John to our team is truly exciting as we position ourselves to fulfill our end-goal of making our electro-optic polymers ubiquitous in the marketplace. I've personally seen John's contributions to telecom and datacom over the past two decades from prestigious leadership positions at Bell Labs through to working with silicon foundries in his last position.
"John's extensive experience in our space will enable a smoother, more efficient commercialization process. I look forward to closely working with him as we strive to create sustainable, long-term value for our shareholders," concluded Lebby.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ:LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The Company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the Company's website at lightwavelogic.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company's control.
Investor Relations Contact:
Greg Falesnik or Luke Zimmerman
MZ Group - MZ North America
949-385-6449
LWLG@mzgroup.us
www.mzgroup.us
More shorties trying to pile in....
https://peabodystreet.substack.com/p/lightwave-logic-light-years-away
Lightwave Logic Appoints Respected Industry Leader Dr. Craig Ciesla to Board of Directors
https://newsfilter.io/a/ad9ea44344cca35d848e875fec800135
ENGLEWOOD, Colo., Jan. 18, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced the retirement of Dr. Joseph A. Miller from the Board of Directors and his transition to the Company's Advisory Board. In conjunction with Dr. Miller's retirement, Dr. Craig Ciesla, currently a Company Advisory Board member, has been appointed to the Board of Directors.
Dr. Craig Ciesla is currently the Vice President, Head of the Advanced Platforms and Devices Group at Illumina, a leading provider of DNA sequencing and array technologies. There he leads a team driving innovation in sequencing platforms, microfluidics, electronics, and nanofabrication. Prior to Illumina, he was Vice President of Engineering at Kaiam, where he was responsible for the development and production of 100G transceivers for the data-center market. He was also the founding CEO of Tactus Technology, an innovator in the user interface industry, where he was the co-inventor of Tactus' polymer morphing screen technology. Before Tactus he had a variety of roles at Intel, JDSU (now Lumentum), Bookham (now Oclaro) and Ignis Optics developing a wide range of products in the fiber-optics market. He started his career at Toshiba Research Europe, where he performed early terahertz images of skin cancer. Dr. Ciesla holds a BSc (Hons.) in Applied Physics and Ph.D. in Physics from Heriot-Watt University in Edinburgh.
"We are privileged to welcome Craig to the Board of Directors, stepping up from his current role as a member of the Advisory Board," said Tom Zelibor, Chairman of Lightwave Logic. "He is an accomplished expert in silicon photonics, silicon foundries, fiber optic communications and he was previously CEO of Tactus Technology, a company developing tactile polymer materials for consumer products. He has impressed us not only with his technology expertise, but also his business acumen, and will be invaluable as we drive forward towards commercialization of our proprietary electro-optic polymers. Craig's knowledge of both the fiber optic communications markets as well as non-communications markets (such as consumer, display, sensing, medical, biotech, etc.), will help Lightwave hone business strategies for growing our electro-optic polymer business."
Dr. Joseph A. Miller, Jr. served as a Director of Lightwave Logic since 2011. From 2002 to 2012, Dr. Miller served as Executive Vice President and Chief Technology Officer of Corning Incorporated, having joined Corning Incorporated in 2001 as Senior Vice President and Chief Technology Officer. Prior to joining Corning Incorporated, Dr. Miller was with E.I. DuPont de Nemours, Inc., where he served as Chief Technology Officer and Senior Vice President for Research and Development since 1994. Dr. Miller began his career with DuPont in 1966. Dr. Miller was a Director of Greatbatch, Inc. and Dow Corning Corporation and holds a doctorate degree in Chemistry from Penn State University. He is a fellow of the American Association for the Advancement of Science and a member of the National Academy of Engineering.
Zelibor concluded: "For more than a decade, Joe has played a pivotal role on our Board of Directors as we transformed from a startup to a leader in the photonics industry. His chemistry expertise has been invaluable to our many successes, and we can't thank him enough. Joe's insight from a materials and chemistry perspective has made him an incredible asset to Lightwave. His leadership and collaboration on the Board will be greatly missed, and I am deeply grateful for his significant contributions. We are honored Joe will continue to advise us in his new capacity on our world class Advisory Board alongside our full team of technical experts. Joe will bring his full materials experience, rather like an emeritus professor, and this transition is extremely exciting for Lightwave as we move forward in our working with silicon foundries."
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The Company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the Company's website at lightwavelogic.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company's control.
Investor Relations Contact:
Greg Falesnik or Luke Zimmerman
MZ Group - MZ North America
949-385-6449
[email protected]
www.mzgroup.us
SOURCE Lightwave Logic, Inc.
Oh I have been here a long time as well. I understand it takes time but it continues to take time. I feel like there must be something else they need to tweak because why would a company not have made a deal with triple the speed and less power?
tkg- In your opinion why the delay? What is taking so long to get a product or deal?
Looks like a new published patent? Filed June 25th 2021.
https://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=%22Lightwave+Logic+Inc%22&OS=%22Lightwave+Logic+Inc%22&RS=%22Lightwave+Logic+Inc%22
I don't think that moves the needle anymore. I'd rather they didn't put out well worded annual review and actually sign some sort of deal. I think every single long term shareholder should be extremely happy with the gains that the share price has made this year. At this time last year we were under $1. The company has accomplished so much:
-Under $1 to organically uplisting to the Nasdaq and hitting $20
-Went from 0 Institutional funds holding to 48 and counting
-Secured more key patents
-Worked with a potential competing technology/company to achieve world record breaking high-speed modulator
It is now time for the company to move forward and lock in some sort of revenue generating deal. We have been engaged and under NDA with "Tier 1" partners for quite some time now. If you go back and watch the2021 ASM Business update presentation, Lebby laid out some "Deeper Commercialization" goals.
-Qualifications of materials/chips
-Live traffic trials in customer system
-Commercial agreement with customer
-Qualification for approved vendor list
I am expecting the first half of 2022 to bring some big news we all have been waiting for. We all just have to be thankful the share price sits where it is today and be a little more patient....
I think it was close to around 600k shares again...some smaller ones but the same big three again:
NLS Time (ET) NLS Price NLS Share Volume
16:00:03 $ 17.46 295,939
16:00:03 $ 17.46 147,971
16:00:03 $ 17.46 147,969
I believe KCCO knows him.
Yup...last Wednesday and Thursday for sure...Friday was chaotic so not sure if those exact trades were there but I am thinking they might be.
NLS Time (ET) NLS Price NLS Share Volume
16:00:03 $ 16.81 1,306
16:00:03 $ 16.81 28,431
16:00:03 $ 16.81 2
16:00:03 $ 16.81 147,970
16:00:03 $ 16.81 200
16:00:03 $ 16.81 147,969
16:00:03 $ 16.81 7
16:00:03 $ 16.81 295,939
16:00:03 $ 16.81 200
16:00:03 $ 16.81 233
16:00:03 $ 16.81 105
16:00:03 $ 16.81 4,430
16:00:03 $ 16.81 1,300
16:00:03 $ 16.81 2,900
16:00:03 $ 16.81 202
16:00:03 $ 16.81 1,500
16:00:03 $ 16.81 142
16:00:03 $ 16.81 4,193
Another big buy...went from 950k to 1.64m.
How can that many shares trade hands and not move the price??
We closed at about 1.75m shares and 5 seconds after hours it jumped to 6.98m....
WOAH! I think 6 million shares just traded...
Someone had posted this before so I have been checking there:
https://www.nasdaq.com/market-activity/stocks/lwlg/latest-real-time-trades
16:00:03 $ 17.61 147,970
16:00:03 $ 17.61 147,969
16:00:03 $ 17.61 295,939
Think another big trade just occured...was at 1.9m at close then jumped to 2.61m.
Thanks for pointing that out! I have e-trade so I will take a look now.
I definitely noticed 5G seems to be the added focus in these slides.
Cirdan Launches “Photonics” Certificate, Facilitating Investment into the World’s First Photonics Index
The Solactive EPIC Core Photonics Certificate will be listed on the Frankfurt Stock Exchange for retail and institutional investors with the ISIN Code XS2412871902 and an initial value of €1,000 per Certificate.
The European Photonics Industry Consortium (EPIC) announced that Cirdan Capital Management, with collaboration from C8 Technologies, has launched a Certificate based on the Solactive EPIC Core Photonics Index. Investment in the Certificates is targeted to be ready with brokers on or about 23 December 2021. In addition, the Index will be available on the C8 Technologies platform for Direct Indexing.
With so much of the focus on COP26 around new technologies, photonics is an important technology that will ensure a significant reduction in energy consumption because it utilises light and not electronics. Photonics will deliver more efficient manufacturing at a significantly lower cost and with a much lower impact to the environment.
Photonics leads the evolution from using electrons to using photons (light) which are faster, lighter and more precise
The Solactive EPIC Core Photonics Index is the first of its kind to represent a global cross-section of the world’s largest and most liquid public photonics manufacturing companies and includes all companies with at least 50% of their revenues sourced from photonics manufacturing activities. This means that for the first time, investors will be able to specifically target their investments to the photonics industry.
“Photonics is a major enabler of a cleaner environment across myriad industries,” said EPIC CEO Carlos Lee. “The future of our planet depends on creating greener solutions to traditional manufacturing processes and photonics technologies facilitate this evolution across numerous industries. We may not know what the future looks like, but we are certain that photonics technologies will take us there!”
Without photonics, it would not be possible to have laser eye surgery or stream Netflix or use a Smartphone
Photonics is currently used across a wide range of applications, from medicine to manufacturing to safety to entertainment. But it also has the capability to go so much further. Photonics is revolutionizing the semiconductor industry by integrating light into integrated circuits that will make the next generation of computers and other devices considerably more energy efficient while delivering a massive improvement in processing capacity, data throughput and speed.
Over the next five years, the photonics industry is expected to grow by more than 13% annually with a total market value in excess of US$1 trillion by 2026. Over the last six years, the back-tested Solactive EPIC Core Photonics Index outperformed MSCI World by 15% per year with a similar level of risk (volatility).
“While the investment returns on individual photonics companies are potentially very large, it is difficult for investors to differentiate between winners and losers over time.” explained Markus Barth, CEO of Anatase Ltd, who designed the Index in collaboration with EPIC and Solactive. “EPIC’s in-depth company analysis provides a diversified global basket of companies that are all key-enablers of a greener future.”
In addition, Barth noted, “The carbon footprint of photonics companies in the Index is, on average, 70% lower than well-known equity market benchmarks. This means they walk the walk in their own operations as well as facilitating energy and resource efficiencies for their customers.”
Following the launch, EPIC will be actively looking at how pension funds can avail themselves of this new, greener investment. Half of the Certificate revenues will be reinvested into promoting photonics globally.
About the European Photonic Industry Consortium
EPIC is the world-leading industry association that promotes the sustainable development of organizations working in the field of photonics in Europe, representing over 750 companies. EPIC fosters a vibrant photonics ecosystem by maintaining a strong network and acting as a catalyst and facilitator for technological and commercial advancement. EPIC publishes market and technology reports, organizes technical workshops and B2B roundtables, supports EU funding proposals, advocacy and lobbying, education and training activities, standards and roadmaps, pavilions at exhibitions.
https://www.ien.eu/article/cirdan-launches-photonics-certificate-facilitating-investment-into-the-worlds-first-photonics-in/
I completely agree. I just watched it and reposted on Reddit and StockTwits. Lebby does such a good job at explaining the technology and business model.
Thanks Steve!
Post from Barchart on Twitter:
Chart Of The Day: Why Is Lightwave Logic Up?
https://www.barchart.com/story/news/6626897/chart-of-the-day-why-is-lightwave-logic-up
I think there are many swing/day traders piling in. If you look at the daily chart we broke out of a 6 month wedge. The weekly and monthly chart look incredible as well.
Can the company sell shares from the shelf at anytime?
From MZ Group Twitter:
Dr. Michael Lebby, CEO of Lightwave Logic, featured on Benzinga Power Hour at 12:15 PM ET today.
Link here to watch:
Small volume? 400k in 15 minutes..
X- Just curious...what are your thoughts on why this is taking so long to land any sort of deal? I am long and obviously can't complain after the stock price has finally gone up so much after being below $1 for so long but can't wrap my head around the fact that we still have no deals.
Haha that's great
Happy and jealous that you have the LWLG polo!