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Lightwave Logic, Inc. (LWLG) signed a contract with a leading global communications company for the delivery of PICs for use in a 400Gbps data center application. The company expects to begin shipping the PICs in the second half of 2023.
However, the company has not disclosed the name of the customer. This is common practice for companies that sign commercial contracts, as they do not want to give their competitors an advantage.
The contract is a significant milestone for Lightwave Logic, as it marks the first time that its PICs have been deployed in a commercial product. The contract also validates the company's technology and its ability to deliver high-performance PICs at scale.
Lightwave Logic is a leading developer of photonic integrated circuits (PICs) for high-speed communications. The company's PICs are based on its proprietary photonic bandgap (PBG) technology, which offers a number of advantages over traditional semiconductor technologies. PBG PICs are more efficient, more scalable, and can be manufactured at lower cost than traditional semiconductor PICs.
Lightwave Logic's PICs are used in a wide range of applications, including data center interconnects, 5G networks, and optical sensing. The company has a strong customer base, including leading global communications companies and research institutions.
The signing of this commercial contract is a major step forward for Lightwave Logic. It validates the company's technology, its ability to deliver high-performance PICs at scale, and its market opportunity. Lightwave Logic is well-positioned to continue to grow its business and to play a leading role in the development of the next generation of high-speed communications networks.
