The pervasive digital transformation and steady increase in online content consumption are driving demand for better data transmission solutions. Lightwave Logic, Inc. (Nasdaq: LWLG) is a technology company focused on developing application-specific electro-optic polymers to build advanced systems to transmit data faster with less power. I have a mission.
in an email exchange with alpha streetDr. Michael Lebby, Chief Executive Officer of Lightwave Logic, explained various aspects of the business. Read the full interview here:
Can you give us a quick overview of Lightwave Logic and your product portfolio?
Lightwave Logic is a Colorado-based company that designs ultrafast optical devices for the Internet. These devices, called optical modulators, switch light very fast and consume very low power. These types of devices are necessary because the Internet is a network of fiber optic glass-based cables, and data travels in digital 1s and 0s using pulses of light generated by laser diodes. In front of each laser diode is a kind of shutter that switches the light. Simply put, it becomes 1 when light passes through and 0 when light stops. The faster you do this process, the more data gets through, and our optical modulators do this very quickly with very low power consumption.
We have a unique technology called electro-optic polymer with many patents and a unique technology to protect the technology base. The solution will license the technology to make the polymer ubiquitous, similar to the organic polymers used in organic light-emitting diode (OLED) displays. OLEDs have different chemistries that emit red, green and blue light, but our polymers switch the light very quickly and with very low power consumption.
Please provide insight on new patents. How do they help the company gain an edge over its peers?
Our patent portfolio covers not only the chemistry of our organic polymers, but also how these polymers are used in manufacturing to create and package these devices, as well as advanced photonic integrated circuit (PIC) designs. doing. Our IP portfolio continues to grow from both internal inventions and acquisitions to create high-performance optical engines for pluggable transceivers used in routers and servers within data centers.
What is your strategy for 2023 to increase profitability and create shareholder value?
Our strategy for 2023 is to use commercial foundries and packaging contract manufacturers to create commercial prototypes for customer testing and evaluation. These commercial prototypes have an extensive reliability data set, proving that our polymer platform is robust and powerful. Our strategy aligns nicely with our goal of licensing our polymers everywhere.
How important is the recent Chromosol asset acquisition in terms of increasing your market share?
The recent acquisition of Chromosol not only adds significant organic polymer patents to its IP portfolio, but also technology to aid in the packaging of optical modulators. The key technology is known as low temperature atomic layer deposition (ALD). Low temperature ALD creates a semi-hermetic packaging solution that is not only cost-effective and high performance, but also what customers are looking for to surpass the expensive and current gold box packaging. ALD protects the polymer he has been very successful with OLED displays and it works in a similar fashion for our organic polymers.
What are the emerging trends in optical data transmission? How is Lightwave Logic positioned to capitalize on that opportunity?
A new trend in optical data transmission is to move to much higher data rates, lower power consumption, and smaller footprints or sizes. Data rates are trending from 800Gbps to 1600bps to 3200Gbps, and power consumption is expected to drop from 100pJ/bit to less than 10pJ/bit. Size is important to ensure that polymer optical engines fit into pluggable transceivers, and our polymer modulators are small enough to achieve these requirements.
A big opportunity is the massive amount of short-reach pluggable transceiver-based optical interconnects used in hyperscale data centers, telecommunications, and high-performance computing.
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