Lightwave Logic Inc (LWLG)

[tkg]

I'm all for anything that "propels the company forward"...;)

Having access to extremely low temperature ALD allows the company's polymer modulators to be protected from the environment without the need of expensive and large footprint gold box packaging, propelling the company forward with chip-scale packaging as required by major hyper-scaler end-users. The patent opens a new class of PICs which expands our variety of devices.

"What is more interesting is that every foundry we have visited has ALD systems and equipment in place for semiconductor processing. This acquisition for low temperature ALD processes provides a key piece of the PDK that we need when working with foundries for our polymers, and allows us to achieve our goals more effectively," concluded Lebby.