We were incorporated under the laws of the State of Nevada on June 24, 1997
and in 2004 we acquired PSI-TEC Corp., and in 2006 we merged with PSI-TEC Corp.
PSI-TEC Corp. was originally founded by Dr. Frederick J. Goetz in 1991 and incorporated
under the laws of the State of Delaware on September 12, 1995. In 2008 we changed
our name to Lightwave Logic, Inc.
Lightwave Logic, Inc. is a development stage company whose P2ICTM technology
addresses advanced telecommunication, data communications, and data center markets
utilizing its advanced organic electro-optic polymer systems. The Company currently
has two business segments to support its development activities, its materials
development segment located in Newark, Delaware, and its photonic device design
and development segment located in Longmont, Colorado.
The Company designs and synthesizes organic chromophores for use in its own
proprietary electro-optic polymer systems and photonic device designs. A polymer
system is not solely a material, but also encompasses various technical enhancements
necessary for its implementation. These include host polymers, poling methodologies,
and molecular spacer systems that are customized to achieve specific optical
properties. Our organic electro-optic polymer systems compounds are mixed into
solution form that allows for thin film application. Our proprietary electro-optic
polymers are designed at the molecular level for potentially superior performance,
stability and cost-efficiency. We believe they have the potential to replace
more expensive, lower-performance materials and devices used in fiber-optic
ground, wireless and satellite communication networks.
Our patented and patent pending molecular architectures are based on a well-understood
chemical and quantum mechanical occurrence known as aromaticity. Aromaticity
provides a high degree of molecular stability that enables our core molecular
structures to maintain stability under a broad range of polymerization conditions
that otherwise appear to affect other current polymer molecular designs.
We expect our patented and patent-pending optical materials along with trade
secrets and licensed materials, to be the core of and the enabling technology
for future generations of optical devices, modules, sub-systems and systems
that we will develop or potentially out-license to electro-optic device manufacturers.
The Company contemplates future applications that may address the needs of semiconductor
companies, aerospace companies and government agencies.
Lightwave Logic, Inc. is developing next generation proprietary photonic devices
that are based on our advanced electro-optical polymer material systems. Current
legacy technology is based on inorganic crystalline materials, which has allowed
for the proliferation of data over fiber optic cables. However, there are inherent
molecular deficiencies that have prevented this technology from scaling down
in price and up in functionality. This is primarily due to a closed valence
structure that does not allow for the molecular improvements. The valence or
valency of an element is a measure of its combining power with other atoms when
it forms chemical compounds or molecules. Also, the physical properties of a
crystal do not allow for its implementation into highly miniaturize slot structures
that are in simple terms the pathways that light travels through in the device.
Organic polymer materials on the other hand, have free electrons that allow
for limitless potential to combine with other molecular structures, which allows
for multiple options and combinations to improving performance characteristics.
Importantly, because they can be applied to optical structures in thin-film
liquid form, it is possible to imbue electro-optic ability to highly miniaturized
slot structures. Organic polymer materials are also vastly cheaper to manufacture
in comparison to growing exotic crystals that are prone to contamination and
further must be sliced into thin wafers. Our Company believes that the combination
of less expensive manufacturing cost, ease of application, and better scalability,
together with a lower cost of ownership due to marked less heat dissipation
(requiring less cooling), will create enormous demand for our products.
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