Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nokia denies the report, rumor.
Nokia planning to make a bid for Juniper Networks for about $16B
Looks like M.L. will be speaking at 5:30 PT today...
https://www.7pennies.com/news-events/pic-training-silicon-valley-2017/
This answers speculation re: keeping multiple sites open...
Lightwave Logic Announces Move to New Corporate Headquarters
Company to Consolidate Corporate Headquarters and All Research & Development operations in Englewood, Colorado
Longmont, Colorado, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high-speed fiber-optic data communications and telecommunications with advanced photonic integrated circuit (PIC) platforms, announced today it will consolidate all of its corporate and R&D operations into a new facility located at 369 Inverness Parkway, Englewood, Colorado, just south of the Denver Technology Center. The move effectively doubles the combined square footage of the company's two current locations in Longmont, Colorado and Newark, Delaware.
Very nice indeed, thx for sharing that Steve! Certainly a positive indicator that a larger space is required.
Item 1.01
Entry into a Material Definitive Agreement.
Lease
On October 30, 2017, Lightwave Logic, Inc. (“Lightwave”) entered into a new lease (the “Lease”) dated October 26, 2017 with Inverness Tech I, Ltd., a Texas limited partnership (the “Landlord”), to lease approximately 13,420 square feet of office, laboratory and research and development space located at 369 Inverness Parkway, Suite 350, Englewood, Colorado (the “Premises”) for the Company’s new principal executive offices and research and development facility.
The term of the Lease (the “Term”) is sixty- one (61) months, beginning on November 1, 2017 (the “Commencement Date”), and ending on November 30, 2022 (the “Expiration Date”). Notwithstanding the foregoing, the Term shall be extended for an additional twenty-four (24) months, subject to certain conditions described in the Lease, waivable solely by Landlord in its sole and absolute discretion.
Base rent for the first year of the Lease Term is approximately $168,824, with an increase in annual base rent of approximately 3% in each subsequent year of the Lease Term. The Lease provides that on or prior to the Commencement Date, the Company shall pay Landlord (i) all Base Rent (as defined in the Lease) for the period commencing on the Commencement Date and ending on October 31, 2019 (the “Prepayment Period”), in the sum of $347,045.68; and (ii) the estimated amount of Tenant’s Proportionate Share of Operating Expenses (as defined in the Lease) for the Prepayment Period in the sum of $186,293.04 (i.e., approximately $6.94 per rentable square foot per year and $7,762.21 per month). Commencing on November 1, 2019, monthly installments of Base Rent and one-twelfth of Landlord’s estimate of Tenant’s Proportionate Share of annual Operating Expenses shall be due on the first day of each calendar month. The Lease also provides that (i) on November 1, 2019 Landlord shall pay the Company for the cost of the Cosmetic Improvements (as defined in the Lease) in the amount of $3.00 per rentable square foot of the Premises, and (ii) on or prior to November 1, 2019, the Company shall deposit with Landlord the sum of $36,524.76 as a security deposit which shall be held by Landlord to secure the Company’s obligations under the Lease.
Atotech Agreement
On October 30, 2017, Lightwave entered into an agreement with Atotech USA, LLC (“Atotech”) whereby Atotech agreed to pay Lightwave the sum of $260,000 in consideration of Lightwave entering into the Lease and Landlord agreeing to the early termination of Atotech’s lease agreement with Landlord.
The foregoing description of the Lease and the Atotech Agreement does not purport to be complete and each are qualified in their entirety by reference to the full text of the Lease and Atotech Agreement, copies of which are attached as Exhibit 10.1 and Exhibit 10.2, respectively, to this Current Report on Form 8-K.
Lightwave Logic CEO, Dr. Michael Lebby to Speak at Key industry PIC Training Event in California.
GlobeNewswire•October 30, 2017Comment
Longmont, Colorado, Oct. 30, 2017 (GLOBE NEWSWIRE) --
Lightwave Logic, Inc. (LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high-speed fiber-optic data communications and telecommunications with advanced photonic integrated circuit (PIC) platforms, announced today that Lightwave Logic has been invited to address participants at ‘PIC Training Silicon Valley 2017’ on November 13-15, 2017 in Santa Clara, California.
The PIC (Photonics Integrated Circuit) industry is an annual event that provides PIC training and is intended for engineers and scientists that want to further their photonic integration skills, both technically, and from a business perspective. PIC Training Silicon Valley 2017 has support from over 25 companies that range from design/layout software, MPW (multi-project wafer) foundries, packaging, test & measurements, design houses, etc. Further information can be found at https://www.7pennies.com/news-events/pic-training-silicon-valley-2017/.
Lightwave Logic’s CEO, Dr. Michael Lebby has been invited to provide industry perspectives for its P2IC TM polymer PIC platform which includes the company’s extensive strategic marketing experience that applies to its outlook as to how PIC based technologies will grow and enable huge opportunities over the next decade. Dr. Lebby will show how polymer based PICs have the potential to scale to 400Gbps and 800Gbps datacenter applications.
Dr. Lebby noted, “Being invited to one of the most important industry PIC training events in the world is significant for Lightwave Logic as it demonstrates that the technical community is interested to hear more about our polymer P2IC TM platform for high speed fiber communications.
“Our progress with Mach Zehnder modulators over the past 12 months has brought us to the point where we are confident that our polymer technology platform is scalable in that it offers a pathway to increasing performance while simultaneously decreasing cost. Earlier this year we achieved 50Gbps operation, and at this event we intend to show the broader PIC community that the platform is robust and we are finalizing actual demonstration devices that will be a stepping stone to the explosive demand for 400 Gbps modulator solutions.”
For more information about Lightwave Logic, please visit the Company’s website at: www.lightwavelogic.com
A new city by the Red Sea, this is cool, starting from scratch limited only by your imagination. Wouldn't it be something if we could play a small part in this build out.
http://discoverneom.com
Intel reported strong numbers last night largely driven by data center growth.
Nice catch Steve, thx for posting.
Photon Delta
Published on Jul 17, 2017
SUBSCRIBE
Dr Michael Lebby was commissioned by PhotonDelta to do a comprehensive market analysis at the opening of the World Technology Mapping Forum. This is the second in a series of technical keynotes looking at trends in integrated photonics for 2025 and beyond. It was given on June 14th
That's great Steve, thank you! Just watched the Photon Delta Video again, ML did a super job putting that together.
Never mind 50B interconnected devices, let's make that 500B interconnected devices equals a lot of data center demand in the future...John Chambers on Wall St Week with Maria B
http://video.foxbusiness.com/v/5600568178001/?#sp=show-clips
Thank you for summary, I like what I'm hearing.
-- This important achievement will allow users to utilize arrays of 4 x 50Gbps polymer modulators using PAM-4 encoding to access 400Gbps data rate systems.
Pulse-Amplitude Modulation (PAM-4) is an encoding scheme that can double the amount of data that can be transmitted.
Great post Richard, thanks for your expertise. We were recently discussing the impact that autonomous vehicles will have on data center demand. I've noticed a couple of articles floating around about Boeing and Airbus developing pilotless planes (autonomous aircraft). Obviously drones have been around for some time but this is taking it to the next level of pilotless commercial aircraft. All one has to do is look at a radar screen of the U.S. on any given day or any other region of the developed world for that matter, Europe, Asia and the number of planes in the sky is astonishing. Point being, if autonomous aircraft comes to fruition, it too will drive data center expansion exponentially. Something that never even crossed my mind until recently.
LWLG's timing couldn't be better as it relates to the tsunami of data center expansion coming from autonomous vehicles.
I'm sure most have seen this already...
https://data-economy.com/apple-build-1-4bn-data-center-iowa/
Here's another huge driver for massive data center expansion...
https://www.networkworld.com/article/3147892/internet/one-autonomous-car-will-use-4000-gb-of-dataday.html
I like the way the last two paragraphs read from the 8/9 ECOC press release....
Dr. Lebby commented, “The fiber communications eco-system is beginning to recognize that our polymer based PIC technology can solve the juggernaut that has prevented legacy systems from cost-effectively increasing performance. We expect more visibility and exposure will entice potential stakeholders.
“I also intend to update the exciting technical progress Lightwave Logic has achieved this year. We are honored to be able to promote a polymer PIC platform that can cost-effectively scale not only at 100Gbps to 400Gbps, and beyond.”
I took your advice inversor86 and emailed Mr. Lebby re: Tony Chao, AMAT's head of Applied Ventures.
http://www.appliedmaterials.com/company/applied-ventures
We certainly have nothing to loose by reaching out to them, even if just gaining some exposure to such a formidable company.
AMAT just reported best qt in their 50 year history with strong Q4 guidance, they are just getting warmed up in this super cycle. Citi recently placed a $60 PT.
btw, I sent some info on LWLG to AMAT IR this morning. Our day will come.
Very good read on the new drivers for the semiconductor industry....
http://www.appliedmaterials.com/nanochip/nanochip-fab-solutions/july-2017/big-data-and-neural-networks
"with power consumption being a key concern"
"While the semiconductor industry’s growth has been driven by personal computers, gaming and smartphones, future growth will come from the need to analyze large amounts of data quickly with neural networks operating in the Cloud and in user devices as well. “We are entering the data phase, with the chip industry poised for another period of rapid growth,” Anderson said."
There's an article I'm trying to access on AAOI (Applied Optoelectronics) in Yahoo Finance and was wondering if anyone can open and share it.
Title:
[$$] An Existential Threat to Fiberoptics Makers?
Barrons.com Barrons.comJuly 21, 20171 Comment
Amazon and the rest, for example, are buying lasers and other parts at a furious clip to equip their ever-expanding data centers, as this column recently noted (“New Internet Winners: Broadcom, Finisar,” July 8). The pace is so intense, and supplies have gotten so tight, that Amazon is bypassing traditional vendors and effectively manufacturing the parts itself. It has struck a deal with contract manufacturer Fabrinet (FN) and Macom Technology Solutions Holdings (MTSI), a maker of components, to design and build fiberoptic transceivers, the part that couples a fiber strand to a digital network.
Read More
Thx
Maybe we can help!
"Intel is looking to create a solution that will offer a performance of more than 1 TFLOPS per watt."
Competition in the AI space
Intel is looking to tap the AI market, but it faces strong competition from NVIDIA’s GPUs and Google’s (GOOG) TPUs (tensor processing unit), which are general-purpose chips designed specifically for AI workloads.
In order to accelerate its AI product development, Intel formed the Artificial Intelligence Product Group in March 2017. The group combines all its AI offerings and engineering expertise under one roof.
Intel’s AI offerings
Intel offers a full spectrum of AI products, from edge computing to network computing to data center computing. Its Mobileye (MBLY) autonomous car solution would offer 1 TFLOPS (tera floating-point operations per second) per watt of computing performance. In fact, Intel is looking to create a solution that will offer a performance of more than 1 TFLOPS per watt.
In the lower milliwatt range, Intel offers Movidius AI solutions for robots and drones. In the high-power range, Intel offers Nirvana’s ASIC (application specific integrated circuit), which delivers a higher performance than a GPU, for the neural network. Intel also offers the Xeon Phi processor, integrated with Altera FPGAs (field programmable gate arrays), to handle data centers’ AI workloads.
All the above AI technologies were acquired, not developed, by Intel.
FYI, QSFP from Wikipedia
The Quad Small Form-factor Pluggable (QSFP) is a compact, hot-pluggable transceiver used for data communications applications. The form factor and electrical interface are specified by a multi-source agreement (MSA) under the auspices of the Small Form Factor Committee. It interfaces networking hardware (such as servers and switches) to a fiber optic cable or active or passive electrical copper connection. It is an industry format jointly developed and supported by many network component vendors, allowing data rates from 4x1 Gb/s for QSFP and 4x10 Gbit/s for QSFP+[1][2] and to the highest rate of 4x28 Gbit/s known as QSFP28[3] used for 100 Gbit/s links.
Lightwave Logic Advances High-Speed Modulation performance for QSFP28 capability (28Gbps) of a Polymer Ridge Waveguide Modulator Prototype
9:00 am ET July 19, 2017 (Globe Newswire) Print
Lightwave Logic, Inc. (OTCQB: LWLG), a technology company focused on the development of Next Generation Photonic Devices and Non-Linear Optical Polymer Materials Systems for applications in high-speed fiber-optic data communications and telecommunications, announced today it has advanced its high-speed modulation performance to satisfy 28Gbps data rates for QSFP28 standards and 100Gbps data center applications.
A modulator device is used in front of a laser diode to modulate the light into very high-speed digital pulses that traverse fiber optic cables. Modulation is the central information-encoding technology for the data center, data-communications, and high-performance computing industries. Modulators for QSFP28 (28Gbps) are typically operated in parallel using 4 channels at 28Gbps (which is 3Gbps faster than 25Gbps) to achieve 100Gbps overall performance with the extra 12Gbps (4 channels of 3Gbps) to allow for sufficient information encoding overhead as required by standards such as the QSFP 28 protocol (SFF-8665), as well as IEEE 802 protocols such as: CEI-28G-VSR/SR/MR/LR; zSFP+ which are more commonly known as SFP28 (SFF-8402); 32GFC with SFP-28LR (SFF-8432) as examples.
Lightwave's Polymer Photonics Integrated Circuit (PIC) is analogous to an electronic integrated circuit but incorporates two or more optical functions or devices integrated onto a single substrate platform. We expect PICs to become a key engine in the transceiver market over the next decade.
Michael Lebby, CEO of Lightwave Logic commented, "We are continually improving the performance of our modulators as per our development plan and are on schedule to further increase the performance of our ridge waveguide modulator in the coming months. Our team has grown in both size and experience to further support the advancement of our polymer PIC Polymer PIC (photonic integrated circuit) platform technology and this will help accelerate our progress. The improved performance of this prototype puts us on the right track to further scale our ridge waveguide modulator towards 50Gbps, which will enable 400Gbps optical networking data-rates (using 4 channels at 50Gbps with PAM4 modulation - to double the speed, or 8 channels at 50Gbps using NRZ modulation).
"As we further understand the dynamics of the data communications market, we see that we are positioning Lightwave to become a leading technology provider for integrated photonics devices and platforms at 25Gbps and beyond.
"We continue our laser-like focus for the remainder of 2017 to hone the performance of our polymer ridge waveguide modulator for prototyping. Achieving higher data rates that exceed 25Gbps opens the doors to more opportunities at 100Gbps, which will allow us to address the burgeoning demand for 400 Gbps and higher performance opportunities with a cost-effective scalable technology alternative."
Powered by Lightwave Logic
Lightwave Logic, Inc. is a development stage company moving toward commercialization of next generation photonic devices using its high-activity and high-stability organic polymers for applications in data communications and telecommunications markets. Photonic electro-optical devices convert data from electric signals into optical signals. For more information, about the Company please visit the corporate website at www.lightwavelogic.com.
Lightwave Logic Inc, Inst Holders, 2Q 2017 (LWLG)
3:14 am ET July 19, 2017 (Dow Jones) Print
The following table shows the largest shareholders in LIGHTWAVE LOGIC INC COM (LWLG) for the quarter ended June 30, 2017, listed by holding size. The list represents up to 50 of the largest holders in the company.
Note: Unless otherwise mentioned the reporting date is 06/30/2017
Institution Shares Shares % Last
Held Changed Held Report
Williams Jones & Associates L 20,000 0 0.028 03/31
Hollencrest Securities LLC 10,000 0 0.014 06/30
13F data provided by: Factset Research Systems Inc.;
Please send questions to ownership@factset.com.
Copyright, Factset Research Systems, 2017. All Rights Reserved.
(END) Dow Jones Newswires
July 19, 2017 03:14 ET (07:14 GMT)
"Optical transceiver modules
About two-thirds of AOI's data-center sales are for 40G optical transceivers; the remainder comes from 100G transceivers. The mix is changing as customers look into next-generation 100G networks, and AOI is already developing 200G and 400G transceivers for future use."
"That's where AOI and its sector rivals step in with fiber-optic transceiver modules rated for speeds up to 100 gigabits per second -- with no practical limit on cable lengths in the confines of a data center. AOI's 40-gigabit (40G) and 100G modules for data-center applications are listed at maximum cable runs as long as 10 kilometers."
https://finance.yahoo.com/m/1dd6e1b9-6622-34e9-b37a-8372d5eb2aa6/applied-optoelectronics%2C.html
Shares of fiber-optic component supplier Applied Optoelectronics (AAOI) are up $4.17, or almost 6%, at $76.81, after the company this morning pre-announced its revenue and profit will be higher for Q2 than it originally thought, as the Street sees the company continuing to clean up on the craze for “100G,” or 100-gigabit-per-second fiber links in and between cloud computing data centers.
A quote from Applied Materials CEO Gary Dickerson back on the May earnings call...
"The explosion of data storage requirements created by IoT, big data, AI and streaming video has only just begun," Dickerson said. He added that the need for more data generation from categories like autonomous cars will "dwarf existing applications within a few years."
It's all about being in the right place at the right time!
While we wait for the next PR....
Cisco to buy privately held Cloud player....
https://techcrunch.com/2017/07/13/cisco-acquires-network-security-startup-observable-networks/
Good stuff proto, thx for the reminder. Post of the day!
Some big moves in F.O. stocks today...10% upside move for Applied Optoelectronics.
http://www.investors.com/stock-lists/ibd-50/fiber-optic-stocks-rated-strong-buys-one-gets-big-price-target-hike/?src=A00220&yptr=yahoo
CSCO CEO said today the that "by 2020, 1M new devices per HOUR will be linking to the internet".
Behold the power of IOT & IOE (internet of things & internet of everything)
"A must" weekend reading....
http://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/complete-white-paper-c11-481360.html
few highlights...
-Annual global IP traffic will reach 3.3 ZB (ZB; 1000 Exabytes [EB]) by 2021. In 2016, global IP traffic was 1.2 ZB per year or 96 EB (one billion Gigabytes [GB]) per month. By 2021, global IP traffic will reach 3.3 ZB per year, or 278 EB per month.
-Global IP traffic will increase nearly threefold over the next 5 years, and will have increased 127-fold from 2005 to 2021. Overall, IP traffic will grow at a Compound Annual Growth Rate (CAGR) of 24 percent from 2016 to 2021.
-Broadband speeds will nearly double by 2021. By 2021, global fixed broadband speeds will reach 53.0 Mbps, up from 27.5 Mbps in 2016.
Great post Scope08.
For ref. http://www.glimmerglass.com
I wasn't sure if I was looking at LWLG's website or theirs.