The company’s improved, thermally-stable polymer has more than double the electro-optic response of previous materials
Lightwave Logic Inc (OTCQB:LWLG) announced Thursday a major energy-saving breakthrough in its development of clean technology polymer materials that target demand for faster data communications.
The company’s improved thermally-stable polymer has more than double the electro-optic response of previous materials and allows for performance of well over 100 GHz with extremely low-power requirements.
This addition to the family of Perkinamine polymers will curb the consumption of energy required to support the demands of data consumption.
Investors applauded the news, sending Lightwave shares up 15.3% to $0.72.
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“We are anxious to get this material into a test device within the next six months while we continue developing existing polymer device prototypes for evaluation by potential customers,” said Dr Michael Lebby, CEO of Lightwave, in a statement.
The Englewood, Colorado-based company intends to keep subjecting the material to rigorous testing this year before releasing it.
Lightwave Logic develops electro-optical polymer materials systems.
Optical components made with conventional technologies like semiconductors hit speed limits. But electro-optic polymers have an array of natural properties which produce unmatched speeds and lower-drive voltage.
Lightwave has developed 50 GHz optical devices based on polymer electro-optic materials with speeds that exceed the 30 to 40 GHz of top semiconductor products.
Contact Ellen Kelleher at ellen@proactiveinvestors.com