Lightwave Logic Inc (LWLG)

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Global Optical Modulators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Optical Modulators Market is expected to register a CAGR of 6. 5% during the forecast period. An electro-optic modulator plays a very crucial role in fiber-optic networks. Just like a transistor acts as a switch for electronic signals, an electro-optic modulator acts as a switch for optical signals.
January 09, 2023

Competitive Landscape

The Global Optical Modulators Market is very competitive in nature. The market is concentrated due to the presence of various small and large players. The players are focusing on expanding their consumer base across the world. Some of the key players in the market are Thorlabs Inc., Lumentum Holdings Inc., AA Opto-Electronic, Fujitsu Optical Components Limited, Gooch & Housego PLC, Lightwave Logic, Hamamatsu Photonics K.K., and many more. The companies are increasing the market share by forming multiple partnerships and investing in introducing new services to earn a competitive edge during the forecast period.

September 2022 - Lightwave Logic, Inc., announced the achievement of world record performance for low-power consumption ultra-high-speed green slot modulators in collaboration with Karlsruhe Institute of Technology (KIT) and its spin-off SilOriX on Optical Communications (ECOC) in Basel, Switzerland.

September 2022 - Joint efforts in creating a new Spatial Light Modulator for dynamic beam shaping in industrial high-power USP processes. Hamamatsu collaborated with Fraunhofer Institute for Laser Technology ILT in Aachen and has set up an application lab for advanced laser material processing with ultrashort pulsed (USP) laser radiation. In Aachen, the partners jointly developed an industrial processing SLM-head that can use customized, dynamic beam shaping combined with enormous laser average output powers for various applications. The applied new Spatial Light Modulator from Hamamatsu can be operated up to 150 watts of average output power.

https://www.globenewswire.com/news-release/2023/01/09/2585421/0/en/Global-Optical-Modulators-Market-Growth-Trends-COVID-19-Impact-and-Forecasts-2022-2027.html