Lightwave Logic Inc (LWLG)

[mackwheaton]

Proto, that's not accurate. From their September call with updates on the February call. Product by end of year, 1q17; detectors, AOC (I believe this may be the announcement) with NRE and a contract to supply a major player. Strictly spec tho.

06:56 – Ajit Manocha: ?...This company is about to rollout an unrivalled optoelectronic device and process platform that enables low power, minimized size and component cost for smart optical components. From the most sophisticated extreme environment satellite applications to the most everyday consumer appliances, the world is increasingly dependant on optical components. [noise] … presented optical module-on-a-chip process with integrated digital, high-speed analog and optical devices on the same a chip, trying to be the next industry standard for their fabrications. Specifically applied to short and very short range, short reach optical transceivers for example, we believe our process could enable up to a 10X reduction in power consumption, component cost, and form factor.

07:59 – Put another way, we could make what’s on a wafer up to ten times cheaper, smaller, and more energy efficient. And we believe we are the only company that can achieve this level of disruption across all three axes of cost, power, and form factor.

08:18 – Our initial market focus is data communications, one of the high-growth sectors in the world right now. Over time, our platform may well extend to smart products ranging from high-reliability defense, aerospace and energy applications to consumer devices.