Lightwave Logic Inc (LWLG)

[Lewrock]

All we know about that first licensee is that they have received a jar of Perkinamine in October. That unnamed company is licensed to use the Perkinamine to manufacture polymer based photonic devices. The projected unit sales from that agreement are 7,000 of the 800g PICs and 900 of the 1.6T PICs.

This first licensee is clearly a small company, but is expected to grow rapidly to over 3,000,000 PICs in 2030. There are going to be a lot of winners in this space riding Lightwave’s coattails!