Lightwave Logic, Inc. (OTC:LWLG) is a micro-cap name that has exploded higher in recent days. The key catalyst appears to be the company’s announcement that it has achieved bandwidth suitable for 25Gbps data rates in an “all-organic polymer ridge waveguide intensity modulator prototype”. According to the release, this is a significant improvement over its initial 10Gbps device modulator previously reported in the final days of last year.
Don’t be fooled by the hype , TECHNICALLY wait for a pullback to get in …
As we understand from company communications, a “modulator” converts electronic/digital information into pulses of light that pass along fiber optic cables. As the company notes, “Modulation is the central information-encoding technology for the data center, data communications, and high-performance computing industries. To achieve 100 Gbps, modulators are typically operated in groups of 4 (each at 25 Gbps) using a variety of circuit configurations.”
Lightwave Logic, Inc. (OTC:LWLG) frames itself as a development stage company nearing commercialization of a portfolio of organic, nonlinear electro-optical and all-optical polymers (plastic), which have the ability to alter light waves for various optical applications.
Initial use of this material is for the conversion of digital information into light pulses at speeds that are orders of magnitude faster than conventional materials, which are based on the nonlinear capabilities of inorganic materials.
In addition to developing materials for integration into customer contemplated designs, the Company is using these advanced materials as the basis for a series of proprietary, advanced integrated optical devices and sub-systems that have broad application in telecommunications, data communications and optical computing for applications in both military and commercial markets.
According to company materials, “Lightwave Logic, Inc. is a development stage company moving toward commercialization of next generation photonic devices using its high-activity and high-stability organic polymers for applications in data communications and telecommunications markets. Photonic electro-optical devices convert data from electric signals into optical signals.”