Valuations Comparison based on PRIVATE fundings
Lightmatter --> $4.4 Billion valuation --> based on Private (Series D, Oct 2024)
Celestial AI --> $2.5 Billion valuation --> based on Private (Series C1, Mar 2025)
Ayar Labs --> $3.75 Billion valuation --> based on Private (Series E, Mar 2026)
Valuation based on Nasdaq PUBLIC market price
Lightwave Logic (LWLG) --> ~$800 Million --> based on Public (NASDAQ-listed)
Ok, now realize that Celestial AI was just bought for $5.5 Billion which is DOUBLE the valuation based on private Fundings of $2.5 Billion shown above!!
Based on Developments and IP to-date I would say the MINIMUM fair valuation for LWLG today would be in the $2+ Billion range which equates to approximately $15+ per share
The POTENTIAL if adopted by just the THREE Fortune Global 500 companies now in Stage 3 for product to service Hyperscale DC's and AI Factories would make the fair valuation at a MINIMUM to be DOUBLE to TRIPLE today's fair valuation of $15+ per share!!
Conclusion --> LWLG is WAY UNDERVALUED currently!!!