Integrated Photonics System Roadmap Defines and
Creates Future PIC Technology and Systems Requirements for Industry
that Span out to 2040
ENGLEWOOD, Colo., April 16,
2024 /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 in a small form factor, substantially contributed to the
recently published "Integrated Photonics System Roadmap –
International" (IPSR-I) to accelerate the high-volume commercial
manufacturing of high-value integrated photonics over the next
decade and beyond.
Led by foundation PhotonDelta and the Microphotonics Center at
the Massachusetts Institute of
Technology (MIT), the IPSR-I is
based on the highly influential semiconductor industry roadmap that
outlined research priorities and has enabled the semiconductor
industry to navigate Moore's Law for integrated photonics. These
non-competitive industry roadmaps also serve stakeholders,
investors and research analysts as a resource for industry trends,
research, and commercial opportunities.
More than 400 technology, academic and industrial organizations
from around the world contributed to IPSR-I. The IPSR-I describes a
route toward building a global, aligned integrated photonics
industry with the ability to help solve major societal challenges.
It includes a comprehensive overview of major technology gaps for
volume manufacturing of photonic integrated circuits (PIC) and a
detailed analysis of the challenges that the integrated photonics
industry needs to overcome to achieve its potential.
Lightwave Logic was instrumental in two chapters of the IPSR-I,
serving as co-chair of the "Transceivers" chapter and chair of the
"Polymers" chapter. The company also contributed to the
"Interconnects" chapter. 'Transceivers' are a critical commercial
pluggable optical engine, for example in hyperscaler datacenters,
telelcom networks, and high-performance computing. 'Interconnects'
focuses on optical fiber links that connect pluggable optical
transceivers together for routers, switches, computational systems
etc. 'Polymers' focuses on active electro-optic polymers for
optical modulators as well as passive polymers that guide and
manipulate light in fiber optic communications markets.
"We were privileged to be invited to contribute to the updated
IPSR-I to establish and sustain a trust based global network of
industrial and R&D partners, working together to create PIC
technology and systems requirements," said Dr. Michael Lebby, Chairman and Chief Executive
Officer of Lightwave Logic. "These requirements comprise the
commercial factors that will compose and grow the accelerating
photonics industry going forward for all companies, with our focus
on our Perkinamine® Electro-Optic polymers. The integrated
photonics roadmaps both plan and anticipate commercial
opportunities as well as potential roadblocks and/or critical needs
on the way to scaling the manufacturing of integrated photonics
through 2040. The silicon semiconductor industry has relied
on these types of roadmaps for the past 50 years and with IPSR-I,
the photonics industry is becoming organized and more influential
as well."
"With our first commercial material supply and license agreement
for our electro-optic polymer materials and ongoing efforts to
build on this commercialization momentum, we continue to believe
Lightwave Logic will become a stronger technological and commercial
leader in the photonics industry," concluded Lebby.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) develops a platform
leveraging its proprietary engineered electro-optic (EO) polymers
to transmit data at higher speeds with less power in a small form
factor. The company's high-activity and high-stability organic
polymers allow Lightwave Logic to create next-generation photonic
EO devices, which convert data from electrical signals into optical
signals, for applications in data communications and
telecommunications markets. For more information, please visit the
company's website at www.lightwavelogic.com.
Safe Harbor Statement
The information posted in this release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by use of the words "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continue," "estimate,"
"project," "intend," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated.
These risks and uncertainties include, but are not limited to, lack
of available funding; general economic and business conditions;
competition from third parties; intellectual property rights of
third parties; regulatory constraints; changes in technology and
methods of marketing; delays in completing various engineering and
manufacturing programs; changes in customer order patterns; changes
in product mix; success in technological advances and delivering
technological innovations; shortages in components; production
delays due to performance quality issues with outsourced
components; those events and factors described by us in Item 1.A
"Risk Factors" in our most recent Form 10-K; other risks to which
our company is subject; other factors beyond the company's
control.
Investor Relations Contact:
Lucas A. Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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SOURCE Lightwave Logic, Inc.