"Next-generation Electro-Optic Material Platform"
Lightwave Logic has embarked upon a two-pronged business approach by both working with large Fortune 500 companies and Military Contractors as well as developing proprietary products which address unique market applications that can leverage the inherent advantages of organic polymer materials.
EXTERNAL DEVELOPMENT
Microelectronics Customer (Unnamed)
Lightwave Logic has been working for over a year with a Fortune 100 microelectronics company (unnamed due to confidentiality requirements) to study the use of one of its materials for an optical communications application. The objective would be to replace all or some of the copper circuitry necessary to run a computer’s Input/Output layer (between processors) with light.
The advantages of using light to replace copper technology are many. In the same width as a single trace of copper, it is possible to run multiple bandwidths of light utilizing photons as the basic carrier of information. This has the potential to improve processing speed and reduce power usage as most of a PC's power is consumed by the Input/Output layer (I/O).
Military Markets
We are currently working with other parties to introduce modulators into products for niche military markets. The engineering involved in the production and manufacturing of these initial products overlaps with our primary objective, the emerging ultra broadband (40Gb/s and 100Gb/s) modulator markets.
Lockheed Martin
Lightwave is providing proprietary designs for specific products for use in military applications. Initial revenues, should they materialize, would be in the form of design and non-recurring engineering fees followed by prototype fees. Ultimately an even larger revenue opportunity would come from supplying the advanced polymer material into full scale production.
Celestech Inc.
Lightwave Logic is currently in the design phase of a military project with Celestech, Inc., a Chantilly, Virginia based government contractor. The company is supplying final details of a proprietary design and anticipates that the project will move into the implementation stage where it will begin generating revenue.
Defense Advanced Research Projects Agency (DARPA)
Recently, Lightwave Logic has been in discussion with the Defense Advanced Research Projects Agency (DARPA) to obtain funding for several of its unique product designs utilizing the company’s advanced organic polymer materials. These products cover several areas of interest to the government including optical encryption, optical filters, optical recognition and biohazard detection. The agency has requested more detailed analysis that the company is in the process of providing.
