Lightwave Logic Q2 Earnings Call Highlights

Lightwave Logic (NASDAQ:LWLG) said its second-quarter efforts focused connected advancing its electro-optic polymer exertion from improvement toward commercialization, with the institution expanding its fig of Stage 3 lawsuit programs to 5 and expecting wafer deliveries from 2 foundry programs successful August.

President and Chief Executive Officer Yves LeMaitre said the institution is targeting the increasing request for higher-bandwidth, lower-power optical interconnects successful artificial quality infrastructure. He said larger and denser AI clusters necessitate networks susceptible of moving information efficiently among processors, portion copper faces applicable limits astatine longer distances and powerfulness depletion becomes a larger concern.

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Lightwave Logic's Perkinamine electro-optic polymers are designed to amended the speed, powerfulness ratio and footprint of silicon photonics devices, according to LeMaitre. He said the institution is seeking to integrate its materials into existing foundry and packaging infrastructure alternatively than requiring a caller manufacturing system.

Foundry Programs Advance

LeMaitre said Lightwave Logic has 3 dedicated foundry runs underway and expects to person 2 sets of wafers during August. A 3rd foundry is expected to present wafers successful the 4th quarter. The institution is besides preparing a dedicated tally with different foundry and is moving toward a tape-out aboriginal this year.

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