Lightwave Logic Acquires Polymer Technologies and Intellectual House Belongings of Chromosol Ltd (United kingdom)

Assets Contain a Critical Production Approach for Foundry Procedure Advancement Kits (PDKs)

ENGLEWOOD, Colo., Nov. 29, 2022 /PRNewswire/ — Lightwave Logic, Inc. (NASDAQ: LWLG), a technology system business leveraging its proprietary electro-optic polymers to transmit info at larger speeds with significantly less electricity, now introduced that it has acquired the polymer technology and intellectual home property of Chromosol Ltd (Uk).

This acquisition considerably strengthens the firm’s design and style abilities with foundry PDKs with particularly very low temperature atomic layer deposition (ALD) procedures that correctly hermetically seal polymer gadgets that have been geared up for substantial quantity manufacturing. The superior fabrication procedures of ALD with temperatures down below 100C will solidify the company’s industry posture with both equally the company’s manufacturing foundry associates as properly as stop-consumers as it prepares to enter the 800Gbps built-in photonics market.

The acquisition also developments Lightwave Logic’s patent portfolio of electro-optic polymer know-how with an innovative polymer chemistry gadget patent1 that has potential to maximize the performance of integrated modulators by means of optical amplification in a photonic built-in circuit (PIC) and boost the performance of the PIC by integrating laser light-weight resources built utilizing the polymer-based attain and a laser optical cavity described on the Silicon photonic system, with Lightwave Logic’s superior velocity, high efficiency modulators. 

Dr. Michael Lebby, Main Executive Officer of Lightwave Logic, stated: “Chromosol’s’ polymer technological innovation and mental residence patent dovetails nicely with Lightwave Logic’s progress of a polymer platform that not only allows ‘green photonics’ – but is foundry compatible with producing PDKs.  Possessing entry to exceptionally small temperature ALD allows the company’s polymer modulators to be shielded from the setting without the need of the will need of pricey and substantial footprint gold box packaging, propelling the company ahead with chip-scale packaging as essential by main hyper-scaler conclusion-people. The patent opens a new class of Pictures which expands our variety of products.

 “What is extra intriguing is that each individual foundry we have visited has ALD devices and equipment in area for semiconductor processing.  This acquisition for reduced temperature ALD processes supplies a important piece of the PDK that we require when functioning with foundries for our polymers, and enables us to obtain our plans additional efficiently,” concluded Lebby.

1 Patent entitled, “Optoelectronic units, techniques of fabrication thereof and supplies therefor” with US patent selection 9837794, EU patent variety 3017489, China registration amount 201480048236 & 201910230856

About Lightwave Logic, Inc.       
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit knowledge at greater speeds with considerably less electricity. The firm’s higher-exercise and significant-steadiness natural and organic polymers allow Lightwave Logic to create future-generation photonic EO equipment, which change data from electrical indicators into optical indicators, for programs in facts communications and telecommunications marketplaces. For a lot more info, make sure you check out the firm’s web site at lightwavelogic.com.

Harmless Harbor Assertion
The details posted in this launch may well include ahead-searching statements within just the meaning of the Non-public Securities Litigation Reform Act of 1995. You can establish these statements by use of the words “may possibly,” “will,” “should really,” “ideas,” “explores,” “expects,” “anticipates,” “continue on,” “estimate,” “project,” “intend,” and identical expressions. Ahead-hunting statements entail risks and uncertainties that could lead to actual effects to differ materially from those people projected or expected. These dangers and uncertainties include things like, but are not limited to, deficiency of obtainable funding general economic and small business problems competitiveness from third parties intellectual residence legal rights of third get-togethers regulatory constraints changes in technology and approaches of advertising delays in completing various engineering and producing systems improvements in shopper buy styles alterations in item combine success in technological advancements and offering technological innovations shortages in factors output delays thanks to general performance top quality concerns with outsourced factors these gatherings and variables explained by us in Product 1.A “Risk Factors” in our most the latest Type 10-K and Sort 10-Q other dangers to which our company is topic other aspects further than the company’s manage.

Lightwave Logic Trader Relations Contact:        
Lucas A. Zimmerman
MZ Group – MZ North The united states
949-259-4987
[email protected] 
www.mzgroup.us 

Source Lightwave Logic, Inc.