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ENGLEWOOD, Colorado - Lightwave Logic, Inc. (NASDAQ:LWLG) announced Tuesday the launch of a technical program with a second Fortune Global 500 company focused on Co-Packaged Optics (CPO) applications for AI networking. The $582 million market cap company has seen remarkable momentum, with its stock surging over 315% in the past six months alone.
The collaboration, scheduled throughout the first half of 2026, aims to develop a custom variant of Lightwave Logic’s Perkinamine electro-optic polymer material optimized for AI manufacturing environments where silicon photonics chips are co-packaged with electrical integrated circuits.
According to the press release statement, the companies will co-develop technical solutions for 400Gb/s CPO applications, with collaboration extending across modulator simulation, product testing, packaging processes, and creating a Process Design Kit for electro-optic polymer integration into standard silicon photonics foundry processes.
"Our technology not only provides superior performance for transceiver applications but is also compatible with the industry roadmap for integration and co-packaging of silicon photonics PICs with next gen EICs," said Yves LeMaitre, CEO of Lightwave Logic.
The company noted that entry into Stage 3 of its Design Win Cycle is provisional, with formal product launch contingent on successful execution of technical milestones related to material performance and modulator design results.
Lightwave Logic develops proprietary electro-optic polymers designed to transmit data at higher speeds with less power consumption in a small form factor. The company states its materials are fully compatible with processes and equipment available at semiconductor foundries and assembly manufacturers.
In other recent news, Lightwave Logic, Inc. has made significant advancements in its business operations. The company announced that a Fortune Global 500 company has moved to Stage 3 in Lightwave Logic’s design cycle, transitioning from product design to a formal engineering program. This development is part of the company’s plan to build, process, and test Silicon Photonics PICs with electro-optic polymers for use in hyperscale data centers or AI facilities by 2026. Additionally, Lightwave Logic confirmed that its Perkinamine platform is unaffected by Chinese export restrictions on rare-earth elements, as it does not rely on these materials.
In leadership updates, CEO Yves LeMaitre has extended his contract through December 31, 2028, while CFO Jim Marcelli will retire at the end of 2025. The company has appointed Dr. Lance Thompson as the new Vice President of Engineering, bringing his expertise from previous roles at Coherent and Lumentum. Furthermore, Lightwave Logic has partnered with Photonteck to enhance its sales and distribution network in Asia, aiming to strengthen its position in the market for electro-optic polymers in silicon photonics applications.
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