Lightwave Logic, Inc. (OTCMKTS:LWLG)
Lightwave Logic, Inc. (OTCMKTS:LWLG) has set its eyes on the burgeoning 100Gbps market. The developer of next generation photonic devices and nonlinear optical polymer materials has unveiled a new strategy focused on popularizing the new 25Gps ridge waveguide modulator.
Popularizing 25Gbps Modulator
The company is in the process of commercializing the 25gbps waveguide modulator by optimizing electro-optic polymers and photonic device design. Lightwave Logic, Inc. (OTCMKTS:LWLG) has already engaged the services of a packaging partner as part of the commercialization strategy.
“The team has come a long way in the past 3 months with our 25Gbps modulator, and we are now laser-focused on moving the technology from prototype to marketplace. Our team is expanding with more world-class engineers being hired to accelerate development of 25Gbps all-organic ridge waveguide modulator, as well as hone the performance,” said CEO, Michael Lebby.
The company’s ridge waveguide modulator is also suited for the $100Gbps market, presenting the much-needed leverage as the company guns for market share. Lightwave Logics has, at its disposal, new modulators similar to the 25Gbps device that it plans to use to address the 50Gbps market.
Lightwave Logic, Inc. (OTCMKTS:LWLG) is also planning to address the 400Gbps market with 50Gbp ridge waveguide modulators under development.
Lightwave Logic, Inc. (OTCMKTS:LWLG) also plans to carry out aggressive marketing in a bid to reach a broader audience both in the datacom and telecom industries of fiber communications. The company also plans to partner with other companies in a bid to optimize work on ultra-miniaturized silicon photonics.
“2017 will be an important year for us as we progress our technology development further towards commercialization. We still have many issues to address, specifications to hone, and performance to optimize; however, by 2018 we believe our company will be in a much stronger position to engage with large partners for business development opportunities,” said Mr. Lebby.
Separately, Lightwave Logic, Inc. (OTCMKTS:LWLG)’s CEO recently represented the company at the World Technology Mapping Forum in the Netherlands where he promoted polymer PICs.
Lightwave Logic, Inc. (OTCMKTS:LWLG) stock was down 0.63% in Friday’s trading session ending the week at $1.58 a share.
I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.
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About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.