Lightwave Logic Provides Third Quarter 2022 Corporate Update
ENGLEWOOD, Colo., Nov. 10, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2022.
Third Quarter 2022 and Subsequent Company Highlights:
The full text of the company's Quarterly Report on Form 10-Q for the third quarter ended September 30, 2022 was filed with the SEC on November 9, 2022 can be found here.
"We successfully produced two world record achievements with two of our collaboration partners in the third quarter, further illustrating the significant potential our technologies offer," said Dr. Michael Lebby, Chairman and Chief Executive Officer of Lightwave Logic. "Our continued improvement and forward movement reaffirm my view that our technologies are not only vastly superior in performance, but are simple to implement as well – making them the right platformfor next-generation optical systems for years to come.
"Our achievement of world record performance for a silicon slot modulator using our advanced polymer material – all as part of our collaboration with the Karlsruhe Institute of Technology and SilOriX – shows that our materials can outperform in a variety of device structures and designs. This allows our platform to become a true 'green photonics' enabler for the industry. The acceptance of a post-deadline at ECOC 2022 provided third party validation of this significant result.
"Our second world record demonstration was of a 250GHz super high bandwidth electro-optical-electrical link through another partner collaboration, this time using Polariton's high-speed plasmonic modulators containing our proprietary PerkinamineTM chromophores and ETH Zurich's high-speed graphene photodetectors. Our incredible result demonstrates that our electro-optic polymers will be instrumental not only for next-generation high-capacity interconnects, but for the more advanced and faster links that will be required for succeeding generations.
"Looking ahead, we have positioned Lightwave as a clear thought leader in the space, demonstrating record-breaking achievements of our technologies alongside our partners – concurrent with our constant efforts to advance the commercialization of our technology. We continue to see incredible interest from industry experts attending events such as ECOC and others. I look forward to sharing our additional progress in the months to come as we strive to create sustainable, long-term value for our shareholders," concluded Dr. Lebby.
About Lightwave Logic, Inc.
Safe Harbor Statement
View original content to download multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-provides-third-quarter-2022-corporate-update-301674237.html
SOURCE Lightwave Logic, Inc.
ITEXPO, MSP Expo, Future of Work, AstriCon, Generative AI and Enterprise Metaverse Expo Conference Sessions
Special Presentation TBA
UCaaS and MSPs: Driving Collaboration, Productivity, and Customer Experience