Lightwave Logic Inc (LWLG)

[Richard_LaRiv]

We do know exactly why the company expanded the lab by 9,000 square feet. It is to "focus exclusively on reliability testing - all with the goal of expediting data sets that are needed for commercialization with end-users. We expect to have this data in hand during 2023, laying the foundation for performance demonstrations in 2023." (shareholder letter, paragraph 4)
https://s3.amazonaws.com/b2icontent.irpass.cc/2586/rl114556.pdf

End-users are the data center and telecom operators. The companies in the far right column.



This was my biggest takeaway from the shareholder letter. Transceiver partners and foundries are not the only groups in discussion on test results prior to implementation. We are actively engaged in discussion with end-users to provide reliability and performance demo's this year. Once they are satisfied, these end-users will put in the huge contract orders with the foundries.

All levels of the supply chain are working in parallel towards approving LWLG's material systems. These approvals are expected to be finalized prior to the customer acceptance and ramp in 2024. All of this is public information.