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ENGLEWOOD, CO - Lightwave Logic, Inc. (NASDAQ:LWLG), a developer of electro-optic polymer materials with a market capitalization of $267 million, announced Wednesday the appointment of Dr. Sundar Ramamurthy to its Technical Advisory Board. The company has shown strong momentum with a 32% price gain over the past six months, according to InvestingPro data.
Dr. Ramamurthy brings over 30 years of experience in materials science and technology, with a focus on semiconductor industry innovation. He previously led businesses at Applied Materials in transistor and interconnect verticals, including epitaxy, specialty semiconductors, and advanced packaging. The appointment comes as Lightwave Logic maintains impressive gross profit margins of 92% while working toward profitability.
"Sundar’s expertise in innovative materials science, proven track record commercializing new products, foundry relationships and knowledge of the semiconductor industry roadmap are highly relevant," said Yves LeMaitre, CEO of Lightwave Logic.
Dr. Ramamurthy currently advises investment companies and research institutes on emerging technologies related to compute and energy efficiency. He holds a doctoral degree in Materials Science and Engineering from the University of Minnesota and has more than 30 U.S. patents related to semiconductor technology.
The Technical Advisory Board provides strategic planning and insights to Lightwave Logic as the company develops its polymer platform. The board combines industry perspectives and business experience with technical expertise in areas including laser and photonic integrated circuit device design, fab operations, manufacturing scaling, foundry transfer, and AI/datacenter hardware and networking.
Lightwave Logic’s electro-optic polymers are designed to enable high-speed data transmission with low power consumption for applications in telecommunications, data centers, and AI infrastructure, according to the company’s press release statement.
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