Overview
- Lightwave Logic reported $29,000 in first-quarter revenue and a $6.3 million net loss, and the stock slipped in early trading.
- The company raised its target market for polymer modulators that turn electrical signals into light to $2–$4 billion, citing demand from AI data centers.
- Management said four Fortune 500 or Global 500 customers have reached stage-three prototyping of devices built with its materials.
- The latest materials passed Telcordia stress tests at 85°C and 85% humidity, a reliability check that parts can endure hot, damp operating conditions.
- Executives said they are negotiating a material supply and licensing deal to begin high-volume production in 2027, though tight foundry capacity could delay timelines.