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The widespread digital transformation and the continuous increase in the consumption of online content are driving the demand for better data transmission solutions. Lightwave Logic, Inc. (Nasdaq: LWLG), a technology company focused on the development of application-specific electro-optical polymers, has a mission to build advanced systems to transmit data at higher speeds with less power.
In an email conversation with AlphaStreetLightwave Logic CEO Dr Michael Lebby explains various aspects of the business. Here is the full interview:
Can you give us an overview of Lightwave Logic and its product portfolio?
Lightwave Logic is a Colorado-based company that designs high-speed optical devices for the internet. These devices are called optical modulators and they switch light very quickly, and use very little power. We need these types of devices because the internet is a fiber optic glass-based cable network and data as we know it travels in digital 1s and 0s using light pulses generated by laser diodes. Each laser diode has a sort of shutter in front of it to switch the light: just put it, when the light passes then it is 1, and when the light will stop it is 0. The faster you do this process, the more data can pass and our optical modulators do this rarely very fast with very low power consumption.
Our company has a unique technology called electro-optical polymer with many patents, and proprietary techniques to protect the technology platform. With this solution, we plan to license our technology so that our polymers can be everywhere – the same if you like the organic polymers used in organic light emitting diode (OLED) displays. OLEDs have a different chemistry that transmits red, green, and blue light, while our polymer switches light very quickly, and with low power consumption.
Please provide an insight into your new patent; how does it help your company gain an edge over its peers?
Our patent portfolio includes not only the chemistry of organic polymers, but also methods of using these polymers in fabrication to create and package such devices as well as photonic integrated circuit (PIC) design. Our IP portfolio continues to grow from internal discoveries as well as acquisitions to create high-performance optical engines for pluggable transceivers used in routers and servers in data centers.
What is your strategy for 2023, to increase profits and create shareholder value?
Our strategy for 2023 is to create commercial prototypes for customer testing and evaluation, using commercial foundries and contract manufacturers for packaging. These commercial prototypes will have a broad set of reliability data to prove that our polymer platform is strong and robust. Our strategy engages well with the goal of getting our polymers licensed to be ubiquitous.
How important is the acquisition of Chromosol’s assets, in terms of expanding market share?
Our recent acquisition of Chromosol not only adds important organic polymer patents to our IP portfolio but also brings technology to help package our optical modulators. The main technology is known as low-temperature atomic layer deposition (ALD). Low-temperature ALD creates a quasi-hermetic packaging solution that is not only cost-effective and high-performance, but also desired by customers to surpass the expensive and incumbent gold box packaging. ALD has been very successful with OLED displays to protect polymers and works the same way for our organic polymers.
What are the new trends in optical data transmission, and how is Lightwave Logic positioned to take advantage of these opportunities?
The new trend in optical data transmission is moving towards higher data rates, lower power consumption, and smaller footprints or sizes. Data rates are trending from 800Gbps to 1600bps to 3200Gbps, while power consumption is expected to drop from 100pJ/bit to less than 10pJ/bit. Size is important to ensure the polymer optical engine fits into the pluggable transceiver, and the polymer modulator is small enough to achieve these requirements.
A big opportunity is high-volume pluggable transceiver-based optical interconnects used in hyperscale data centers and telecommunications, as well as high-performance computing.
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