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Sunday, 07/06/2025 5:33:29 AM

Sunday, July 06, 2025 5:33:29 AM

Post# of 219390
Lurker, maybe you should ask Celestials’ investment bankers how they calculated the 2.5 Bilion value of a pre revenue private start up planning to commercialize inorganic, crystalline germanium based optical engines or modulators - with a bandwidth of 100 GHz, maybe if you stretch it to 200Gbps per lane ?
By the way a private company has more leeway to release public information on funding partners. Some of the investment funds you find back in Lightwave which of course doesn’t need IPO’ing anymore like Celestial, It’s already on the Nasdaq and Lightwave carries the full weight of Wallstreet (trading) forces.
If you would listen to the Lightwave ASM presentation, you will find out the serviceable market for Lightwave for over 400 Gbps ( per lane), the number of modulators, the possible Lightwave material content with a 60% gross margin, and ( in analogy with Universal Display the licensing fee as a % of the OLED display value). You can create volume/ value scenarios based on marketshare assumptions and calculate EBIDTA numbers. From there you can calculate company value estimates, I have done that. Up to you to create your own. Succes !
What you will find out is that the current Lightwave share price is very much undervalued.
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