Followers | 177 |
Posts | 24463 |
Boards Moderated | 11 |
Alias Born | 04/03/2002 |
Monday, March 26, 2018 9:11:14 AM
Englewood, Colorado, March 26, 2018 (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, announced today it has successfully demonstrated, together with its packaging partner, packaged polymer modulators designed for 50Gbps.
Packaging is important for any optoelectronic or photonic device, in that it allows the micron-scale electrical contacts on a device to be accessed by the outside world and provides a platform for optical signals to both enter and exit the modulator. Packaging also protects the modulator from the normal environmental hazards with mounting and connecting of devices.
Modulators are critical components of data and telecommunications networks that perform the task of converting digital information into pulses of light for transmission over fiber optic networks. Polymer modulators have significant cost and performance advantages over current legacy devices which are based on inorganic crystalline materials such as silicon and indium phosphide.
Over the past 6 months, the Lightwave Logic technical team worked together with its partner to complete the design with careful attention paid to optical and electrical signaling issues. These accomplishments not only represent an important technological step for the company but also advances the company’s commercialization effort by enabling the ability to provide polymer modulators for customers to measure, characterize, and evaluate. Further optimizations will be made between the package and the polymer modulator to fine-tune performance parameters of prototypes before customer evaluations can begin.
Polymer modulators that operate both at 25Gbps and 50Gbps are expected to be attractive to customers for characterization as the 25Gbps data rate is critical for the 100Gbps data communications and telecommunications market while the 50Gbps data rate allows the ability to address the 400Gbps and 800Gbps systems with a high-performance, cost-effective solution.
The datacom and telecommunications application markets represent a market opportunity for Lightwave Logic PIC-based technologies with fiber-based transceivers that in total is forecasted to grow to over $25B by 2025.
Dr. Lebby, CEO of Lightwave Logic noted, “packaging devices whether they be semiconductor silicon or indium phosphide is always a multi-disciplinary engineering challenge, and similarly for polymer materials. This achievement is consistent with the timeline we indicated at the Annual Shareholders Meeting in May 2017. Our team has addressed difficult engineering challenges successfully and efficiently, enabling us to produce what we consider to be world-class engineering solutions in the polymer photonics field.”
Dr. Lebby added, “We firmly believe that our new and innovative packaging platform will allow us to scale our polymer-based PIC (P2IC™) platform with our Mach-Zehnder ridge waveguide modulator design as well as other photonics devices competitively in the 100Gbps and 400Gbps datacom and telecommunications applications market.”
For more information about Lightwave Logic, please visit the company’s website at: http://www.lightwavelogic.com
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: http://www.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. Attachment:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3200bd6c-315a-4118-b8d2-ccd63d5bbccf
Steven Cordovano
Lightwave Logic
203-952-6373
steve@lightwavelogic.com
News Link: http://globenewswire.com/news-release/2018/03/26/1452940/0/en/Lightwave-Logic-Successfully-Demonstrates-Packaged-Polymer-Modulators-Designed-for-50Gbps.html
Recent LWLG News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 08:41:09 PM
- Lightwave Logic Demonstrates Thought Leadership with Critical Contributions to Global Integrated Photonics Industry Roadmap • PR Newswire (US) • 04/16/2024 12:31:00 PM
- Lightwave Logic Secures New Patent for Diamondoid Non-linear Optical Chromophore Patent to Improves Material Robustness • PR Newswire (US) • 04/01/2024 12:31:00 PM
- Lightwave Logic EO Polymer Achieves World-Class Performance of 400Gbps with Plasmonic Mach Zehnder Modulator • PR Newswire (US) • 03/28/2024 12:31:00 PM
- Lightwave Logic Demonstrates World-Class 200Gbps Heterogeneous Polymer/Silicon Photonic Modulator Results • PR Newswire (US) • 03/25/2024 12:31:00 PM
- Lightwave Logic to Host Annual Meeting of Shareholders on May 22, 2024 • PR Newswire (US) • 03/19/2024 12:31:00 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 03/15/2024 12:31:00 PM
- Lightwave Logic Provides Fourth Quarter and Fiscal Year 2023 Corporate Update • PR Newswire (US) • 03/01/2024 01:31:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 10:09:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/08/2023 09:00:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/07/2023 12:11:28 AM
- Lightwave Logic Issues Shareholder Letter and Provides Corporate Update • PR Newswire (US) • 12/04/2023 01:31:00 PM
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:14:45 PM
- Epazz, Inc. (OTC Pink: EPAZ) ZenaDrone Demonstration to Defense Departments of UAE and Saudi Arabia • InvestorsHub NewsWire • 11/15/2023 12:19:31 PM
- Lightwave Logic Provides Third Quarter 2023 Corporate Update • PR Newswire (US) • 11/10/2023 01:31:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:24:23 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 11/06/2023 01:31:00 PM
- Lightwave Logic CEO Dr. Michael Lebby to Present at the Optica Photonic-Enabled Cloud Computing Industry Summit • PR Newswire (US) • 10/12/2023 12:50:00 PM
- Lightwave Logic Receives 2023 Industry Innovation Award for Hybrid PIC/Optical Integration Platform at the European Conference on Optical Communications • PR Newswire (US) • 10/03/2023 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 08:00:08 PM
- Lightwave Logic to Participate in Upcoming Investor Conferences • PR Newswire (US) • 09/05/2023 12:31:00 PM
- Lightwave Logic Expands Its Colorado Operations to Support New Commercial Activities • PR Newswire (US) • 08/21/2023 12:31:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2023 08:03:22 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/10/2023 08:01:26 PM
- Lightwave Logic Provides Second Quarter 2023 Corporate Update • PR Newswire (US) • 08/10/2023 12:31:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM