Lightwave Logic Provides Third Quarter 2022 Corporate Update – QNT Press Release

ENGLEWOOD, Colo., Nov. 10, 2022 /PRNewswire/ — Lightwave Logic, Inc. (NASDAQ:LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2022.

Third Quarter 2022 and Subsequent Company Highlights:

  • As of September 30, 2022the company’s cash and cash equivalents were $25 millionenabling it to finance operations through March 2024.
  • Achieved a world-record demonstration of a 250GHz super high bandwidth electro-optical-electrical link through a collaboration with ETH Zurichwith breakthrough peer-reviewed paper results presented at the prestigious European Conference on Optical Communications (ECOC).
  • Achieved world record performance for low-power consumption ultra-high-speed ‘green’ modulator slots in collaboration with Karlsruhe Institute of Technology and its spin-off SilOriX as part of a peer-reviewed post-deadline paper presented at the ECOC.
  • Presented at leading investor and industry conferences internationally, including the 2022 European Conference…

Full story available on

Source link

Recommended For You

About the Author: News Center