Lightwave Logic Inc (LWLG)

[KCCO7913]

Millions of transceivers being sold utilizing TFLN? That is comically wrong. I'm not sure any are. Eoptolink using HyperLight's TFLN modulators would be the first place to look and at best they're at a prototype stage considering HyperLight just announced their PIC today.

The TFLN supply chain is more mature than EO polymer. No secret and that's been an obvious fact for the last couple years. The EO polymer supply chain, with LWLG's recent foundry announcements and internal developments over the last 12 months plus NLM's PIC developments, has been critically strengthened.

Yes - TFLN based solutions will experience sharp revenue growth over the next 12-24 months. EO polymer isn't lagging as far behind anymore.

I looked into the SiPh 400G modulator that Julie Eng referenced in her presentation today. Vpi is 7V and it was an experimental demonstration and not a packaged PIC. It's the first ever 400G PAM4 silicon only modulator. So that's cool. But...I'd guess before the time Coherent can optimize the modulator into a workable PIC for a pluggable module, LWLG and its customers will be able to offer a MUCH better modulator. Shoot, TFLN is probably more attractive at 400G per lane with its added complexity over that inefficient device. Also...the TFLN modulator she referenced was HyperLight's single modulator technical paper from OFC 2025.