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Lightwave Logic Inc

Lightwave Logic Inc (LWLG)

1.04
0.03
(2.97%)
마감 24 3월 5:00AM
1.09
0.05
(4.81%)
시간외 거래: 8:59AM

행사 가격매수가매도가최근 가격중간 가격가격 변동가격 변동 %거래량미결제 약정최근 거래
1.000.150.200.100.175-0.05-33.33 %5422/03/2025
2.000.050.100.050.0750.000.00 %0887-
3.000.050.750.050.400.000.00 %04-
4.000.050.750.050.400.000.00 %04-

개인 투자자를 위한 전문가급 도구.

행사 가격매수가매도가최근 가격중간 가격가격 변동가격 변동 %거래량미결제 약정최근 거래
1.000.050.150.120.100.0220.00 %82422/03/2025
2.000.901.451.001.1750.1314.94 %181222/03/2025
3.001.902.051.951.9750.052.63 %8522/03/2025
4.002.553.100.002.8250.000.00 %00-

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LWLG Discussion

게시물 보기
KCCO7913 KCCO7913 3 분 전
Yes I would agree. I think the two primary unknowns for reliability of an integrated EO polymer PIC would be laser choice and proximity to electronics (they're hot). Otherwise, I'm not sure of any other external factor that could affect the reliability outside of the material/encapsulated waveguide. LWLG's material development and reliability results should give partners confidence that the PIC they'll build will work reliably.

The Polariton devices using Perkinamine have survived over 12,000 hours with no degradation in performance. That's a very significant confirmation that the material is reliable (when hermetically packaged).
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DBCooper55 DBCooper55 5 분 전
No LWLG does not have a manufacturing facility. All they have is patents, some awards nobody cares about and an incompetent board of directors. New CEO nobody ever heard of before but is treated like a god here by the pumpers while his only intention is to sell this company asap.

Meanwhile the share price will keep on dropping, there won't be any revenue this year (and no meaninful product) and the company will run out of funds while the directors keep getting their pay checks.
De-listing from the Nasdaq is next. Investors have been lied to by Lebby for years yet they keep on defending this company. Stockholm syndrome.

Vaporware.
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tedpeele tedpeele 16 분 전
OK, thanks for clarifying what you had previously said

I think most investors here were under the impression that once a reliability set was presented for the polymers it was done and over with.

Would you agree that the reliability of the polymer material can differ in different chip configurations and that is what Yves was referring to?
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KCCO7913 KCCO7913 25 분 전
Real quick...

"I questioned KCC about this kind of thing a year ago and he thought if reliability is proven in one device it will work in all devices."

That's definitely an oversimplification. I've said previously that beyond just the modulator, the entire optical engine will need testing, then the transceiver module will need testing.

I said that for single modulators..as long as the material is the same, the processing is the same, the ALD is the same...aka uniform and consistent construction...the reliability will be the same.

Depending what coupling method one chooses or what laser one prefers, or even placement/proximity to electronics on the PCB, etc....yes that can affect reliability results and that's the kind of stuff Yves was referring to that will be worked on with partners.
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DanM51 DanM51 31 분 전
Pffft. Questions about a 30 year invented narrative where a company doesn't ever sell anything, a few insiders get paid, and there may be a grift involving paying posters/shareholders to pump on message boards? The narrative that there was gonna be "significant revenue" in 2011? The narrative that they were close to closing deals at the end of 2023? The narrative that they reaffirmed the timeline of deal signings in mid-2024? The narrative that the lawyers were going back and forth? Please tell us about the science fair wins and not about Perk device lifetimes, defect rates, and why no one will sign even a collaboration deal.....

Addition..I forgot about the narrative that they have to talk to a whole different set of potential customers...
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HammerTime 102 HammerTime 102 32 분 전
I used the same paper this morning. In the bathroom. Worthless.
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KCCO7913 KCCO7913 33 분 전
Depends which type of module and the reach. By 2028, 1.6T modules for inside the datacenter is expected to be more than 5 million units annually. That was according to another 2023 LightCounting report. I imagine 2029 is much higher, and I bet in the last 12 months all of these projections have been further increased.

I don't believe market projections for 3.2T modules have been released yet. I recall seeing something recently by LightCounting that their new report coming out will include 3.2T.

800G market is absolutely massive, but since LWLG is now targeting 400G per lane I don't think 800G modules are the target market for LWLG. No need for 400G/lane optics inside an 800G module.

I've said this before, but I am also betting the 800G market doesn't get as big as everyone thinks because 1.6T is ready a bit quicker than anticipated. I bet the 1.6T market will expand very rapidly. 800G may be like 200G modules a few years ago. Was projected to grow into a huge market, but 400G modules arrived so easily that the 200G module market fizzled.
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tedpeele tedpeele 42 분 전
Just finished watching the Yves-SC interview:

This post is - as always - about analyzing to try and understand as much as I can about their odds of success. Even though the price has dropped I'm pretty ambivalent about it as there is just so much to be proven which Yves made clear is a long process, and it hovers around that $1 delisting level.

Others have reviewed already so I won't repeat the good stuff. Rather I will point out things that I think are issues the pumpers are under-representing which any wise investor should consider.

1. Market size: This is from the conference call - and hasn't been discussed (other than your post today). Yves pointed to an approximate 15% price for the modulator portion, but that is no longer the market for Lightwave. It is the polymer portion, which will be a percentage of that 15%. So is the addressable market really $2 billion or as little as $200 million? Polariton's plasmonic modulators apparently have some pretty cool technology - they won't want to give Lightwave 90% of their revenues..

2. The 18-24 months includes proving Reliability. Positioning, Etching, and Encapsulation matter. He explained that each partner would need to prove reliability in their own systems because the modulators are one part of many many other optical components and proximity to those components can affect yields, as will oxygen and light - and there will be different modulators too. I questioned KCC about this kind of thing a year ago and he thought if reliability is proven in one device it will work in all devices. Yves just confirmed that this is not necessarily true, as I suspected, although he IS optimistic that it will work. It is a risk factor.

3. The new 12 months narrative. Jeunke just posted that 18-24 months is the 'old' timeframe - citing Nvidia and TMSC work. Well, I'll stick with what Yves himself is telling us.

4. New set of customers. This is puzzling because Polyer-Slot seems to be what Yves is talking about -- adding perkanimine to other people's modulators. Lightwave told us they had foundries working on Polymer-Slot 2 years ago. It was one of the prior 3-prongs in the business model, so how can it be that they are addressing a whole new set of customers for the first time? Who were they addressing before? Was it just one foundry working with Polariton? Did those potential customers all refuse to work with Lightwave since Lightwave had been developing their own modulator? Really? That seems a bit hard to believe...I think they maybe were looking for more evidence of efficacy first.. at any rate whatever their prior reluctance was -- Yves says they are open now. Time will reveal how open they are.

5. Yields in question? Yves said that 4 lane is not that much more complex than single land but that 'the trick is the yields'. He mentioned the modulator is a small part of many optical components on the chip. It may be that AMF just wasn't advanced enough to be comparable to a chip like what an Intel was making, and so yields of an Intel using the polymer are very much in question as they may be very different than the yields at AMF.

6. Insider buying. The interviewer expressed concern that insiders don't have more skin in the game. Yves didn't want to discuss that, understandably, and referred him to the filings. But it is a viable point. One can make up 100 reasons why they aren't loading up at market right now, but none of those are encouraging. Even though the material may be really good and the industry may even believe it, there is a long pathway toward getting partners to choose Lightwave over the many other options Yves said the industry is being bombarded with, and once chosen there is still that 18-24 month pathway which includes proving it can work reliably.

..
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prototype_101 prototype_101 45 분 전
When too great of success bites you in the ass, a short case study

December 2023 developments and IP building but still no success with scaling on to large 200mm Wafers achieved, Lebby working several Tier 2 deals that would not require the mass production of large Wafers

March 2024 Lebby at OFC demo's 200gbs modulators produced on 200mm Wafers with world class performance metrics and is overwhelmed by Tier 1 interest in LWLG's technology now, there are a dozen or more Tier 1 NDA's signed, and some even begin sending teams out to LWLG's CO labs to further investigate things, Lebby tells investors he is now not just being pulled along, but dragged along to get things done even faster, Lebby tells investors he had to pick and choose the "friendly's" from amongst all the Tier 1's trying to get his attention!! Sounds like a good problem to have right? but is it really?

Lebby turns his attention away from the Tier 2 deals he was going to be closing deals with in 2024 to devote his attention to the Tier 1's he has hand chosen now, saying to investors "what would you rather have, 10 small deals or 1 giant deal"? so Lebby believes his small devices team can handle to builds of what Lebby described as "deepening relationships" with some of the largest Transceiver makers in the world on 3 continents, by the time of the ASM in May 2024 Lebby shows Slide #29 (color coded) showing PkM-6 and the 4x200 PIC weere "In Qualification" and by fall 2024 LWLG won the Optical Integration Award at ECOC (for "Ease of Integration") for the second straight year!! Everything is looking like it's coming up roses, but by late 2024 Lebby declares he "needs a little more time" as apparently his small LWLG in-house devices team could not get to a successful completion of their custom 4x200 PIC device builds and get a deal inked before 2024 would end as the long-standing Timeline Lebby set out at least as far back as 2019 called for this Tier 1 Customer Acceptance in 2024

Lebby having such great success early in 2024 was also the cause of the following

1) Lebby switching horses mid-stream and not closing the Tier 2 deals he had been focused on before the OFC success with Tier 1's

2) Lebby "picking & choosing" what he called his "friendly's" from the long list of interested Tier 1's because of his limited in-house resources, ie devices team,

a) this had the effect of NOT servicing MANY interested Tier 1's which wasn't a good thing
b) being under staffed in-house caused slower progress on those "friendly's" than could have been had with their larger device teams, after all THIS IS WHAT THEY DO!!!
c) LWLG working on Tier 1 custom PICs was causing those Tier 1's to see LWLG as possibly a Competitor as well as a Supplier

The change in Business Strategy opens the door now to ALL the interested Tier 1's and allows LWLG to focus on the Material Systems, this is the life blood of the Industry quest to begin with, and it is worth an absolute TON, there are MANY MANY applications, see this post of mine for a complete explanation

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175885114
👍️ 1 💀 1 💯 1
KCCO7913 KCCO7913 46 분 전
LWLG doesn't PR these, so I don't feel like I'm ruining any surprise...but Perk3 is in a Polariton device at OFC. A new application for plasmonics and EOP outside of transceivers for datacenter interconnects.

Paper - "All-Plasmonic sub-Terahertz Wireless Link"

Conclusion - "In this work, we demonstrated the first all-plasmonic sub-THz free-space link utilizing a plasmonic-graphene photodetector and a plasmonic-organic MZM, both exhibiting bandwidths exceeding 330 GHz. Our data transmission experiment achieved line rates of 120 Gbit/s, confirming the potential of cost-effective plasmonic-graphene photodetectors for future wireless communication links."

SilOriX is also publishing a paper where they reached 400G PAM4 per lane. So, good to see confirmation that is possible without plasmonics.
👍️ 3 💯 2 😂 1
prototype_101 prototype_101 46 분 전
There are still a lot of people here who are still stuck in the old paradigm. Lightwave is not in devices, Lightwave’s current (20 + Polariton) and future partners may very well be and may well experiment with Lightwaves materials.
Lightwave decided to be a chemical and materials company with proprietary polymers for silicon hybrid solutions. People who keep referring to the past should realize that there is no logic anymore, the complete industry approach ( see NVIDIA) changed over a period of 6-8 months. Lightwave changed it business approach as a result. So don’t keep talking about old fashioned ‘assembled ‘ pluggable transceivers and transceiver companies who are now having a rough time to compete with upcoming proprietary CPO solutions.Nvidia is setting new standards in CPO, silicon photonics and fiber ( in stead of copper) connections.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175945845

Exactly!! The strategy shift has been predicated by a shift in the Industry NOT just a shift being done by LWLG!!! It is because of the HUGE ONSLAUGHT of data being generated by AI and LLM's, it is a PARABOLIC GROWTH RATE that requires this new strategy to keep up with it!!!

Here is a look at how this affect who are the companies that are now the direct Stategic Partners (and Customers) of Lightwave, shown predominantly in the TOP LEFT box labeled "Fabless Chip Designers"

https://www.linkedin.com/feed/update/urn:li:activity:7307071558672388098/

For those without access to LinkedIn I will list those companies here for you,

AMD
Nvidia
Broadcom
Qualcomm
Tesla
Meta
Huawei
Amazon
Alphabet
Marvel
Microsoft
Cirrus Logic
IBM
Fujitsu
Cisco
and few others

Investors can also look to Yves 1/9/25 presentation slide #10 which highlights the Strategic Partner / Customers of LWLG going forward mainly would be the inner circle Silicon Photonics Engines (PICs), where Lebby's focus based on his saying "working with some of the largest Transceiver makers in the world on 3 continents" would have been more the outer circle of companies Optical Transceiver Suppliers

https://api.mziq.com/mzfilemanager/v2/d/307dbc8b-e212-48ba-9968-8cef3f6b5188/4f259d6a-5d07-5eb6-c171-5aa079ec9bda?origin=1

Nvidia
Intel
Marvell
Cisco
OpenLight
Broadcom

plus the Foundries listed
TSMC
Tower
AMF
Global Foundries
👍️ 2 💯 2
Scope08 Scope08 46 분 전
My calculator doesn't go that high. eom
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Scope08 Scope08 49 분 전
That's because he doesn't want answers to his made up questions....He's just trying to get his invented narrative out.
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Pro_v12001 Pro_v12001 56 분 전
$30 per unit and how many estimated units?
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forztnt2 forztnt2 1 시간 전
Jeunke22: to clarify, please don't read anything into the brackets. Those were the result of my attempt to boldface and underline the relevant parts of the post. Apologies for confusion.

GLTA
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x993231 x993231 1 시간 전
Perkinamine is produced in the laboratory, I've toured it a few times.  
X
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KCCO7913 KCCO7913 1 시간 전
When discussing market size potential, I suggest referring to a 2023 LightCounting report that was released early in 2024 (or at least shown publicly at PIC International in April 2024) that showed a graph of "total transceiver market by technology" sorted by "laser and/or modulator material platform". There was a second report published later in 2024 that had a different breakdown - sales of PICs used in optical transceivers by material type.

The second report specifically said that the "TFLN and other" PIC category was $750 million by 2029. The first report for modules (not just PICs) had a bar chart that showed about $4 billion in sales for "TFLN and other" in 2029. The bar chart was in increments of $5 billion and the shaded area for "TFLN and other" looks to be a bit smaller than the whole increment. Makes sense especially when Yves said that opportunity was $1.5-2 billion in 2027 and that same bar chart for 2027 looks to be about $2 billion.

The value of the PIC to the entire module can be inferred with these two reports. $750 million divided by $4 billion is 18.75%. Yves said 10-25%.

In 2029, the price of a module would likely reach 50 cent per Gbps per link. So, a 3.2T module would be $800. Today, 800G is already at about $1 per Gbps per link and 1.6T is likely to reach that later 2026.

Using the above assumptions, the modulator PIC portion of that $800 3.2T module would be $150.

The new million dollar question is how much would LWLG take of that $150 when supplying the material and IP for the PIC. The partner will likely assume responsibility for the cost of manufacturing, etc. Could LWLG get a 20% royalty on that? Could be reasonable.

So in 2029...LWLG's revenue could be $30 per transceiver sold according to these assumptions.
👍️ 6 💯 2
PurpleCritter2001 PurpleCritter2001 1 시간 전
Ombowstring, insulting folks as you ask them for information and/or help (that you can find on your own) is not appreciated. You seem hypocritical and disingenuous.

PurpleCritter2001
👍️ 3 💯 1 😂 1
zdog1954 zdog1954 1 시간 전
I believe it is likely most here put them on ignore after their first post as I did.
👍 1
ombowstring ombowstring 2 시간 전
Does Lightwave have a manufacturing facility? If someone else has to manufacture the stuff for them and all they really have is a patent or patents, that cuts way down on the profit that they can expect to generate.

Methinks that you lot are not sophisticated investors.

>>> hear no evil see no evil speak no evil

The phrase "hear no evil, see no evil, speak no evil" refers to a concept of being of good mind, speech, and action. It's often associated with the three wise monkeys, whose images are a popular visual representation of the proverb.

Here's a breakdown:

Hear no evil: This monkey covers its ears.
See no evil: This monkey covers its eyes.
Speak no evil: This monkey covers its mouth.
The meaning can be interpreted in a few ways:

It can represent a philosophy of ignoring or avoiding immoral behavior.
It can also suggest a refusal to participate in gossip or slander.
It can also be interpereted as a lack of taking resposability.
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jeunke22 jeunke22 2 시간 전
Thanks. Have corrected it.
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spartex spartex 2 시간 전
jeunke, I believe for Indium phosphide material sales you meant 287 "million" not "billions" as that would be astronomical.

I love the $5 Billion of Lithium niobate material 2025 sales, that Perk polymers should be displacing in high percentage terms, if not the majority by 2030 imho. NLM may get a bit of the cut too, but that's ok as they are on the right material sunrise path. However, Lightwave has the best according to Yves, and Yves is working feverishly to set up material agreements for PIC development/production with 20+ potential Tier-1 partners (foundaries and silicon photonics design companies)!
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Ppastis Ppastis 2 시간 전
And why are you here then ? Why ? Explain ?You just created your account less than 1 month ago ? Why ? To bring your vaporware here on a sunday ? You mist have e very exciting life ??!?I know you wont answer by telling the real reason you are here ... but I will help you, not 1 single person here of the long investors who did their job properly will listen your bs ! Not 1 single invester will sell a single share because of your bs !!! So, just do yourself a favour and het relaxed on a sunday ;) Or better give up your attempts ... it lost energy !!What is DB standing for ? I know what it means in my language ... so long s....
👍️ 3 💯 2
jeunke22 jeunke22 2 시간 전
For those interested to compare other material sales revenue in the chip industry:

2025: Lithium niobate revenue $ 5 Billion
2024: DuPont, semiconductor and industrial material revenue 5.6 Billion
2024: Amat 26 Billion, significant part material sales to chip industry.
2024: Indium Phospide material sales 287
Mio
2024: OLED material sales 1.4 Billion


Take your pick.
👍️ 8 💯 1
rikkie rikkie 2 시간 전
How can you win prizes if you don't have a product?
Have you ever been to school? 🤣
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x993231 x993231 2 시간 전
Nice work, and very interesting.  The stock market looks forward, AI created enough demand that Lightwave can justify helping 10-20 other companies do what they do best, give them what they have already learned about devices, sell perkinamine and earn royalties on each device going forward. The price will adjust in advance of those anticipated revenues. Remember that until now Silicon Phonics was able to keep up but no more.  And as Jenson pointed out going forward power requirements will limit the amount of AI that a Factory (data center) can produce and everytime you save power you can add another GPU and generate tokens.  Pretty basic when you look at it like that.
Whoever found and managed to add Yves to the board is to be commended.  Yves is a been there done that and has a T-shirt with logos of all the customers he has dealt with.  He is very methodical.

Again thanks for your work, Walter and Safecapitals effort.

Have a good day.

X. Folks look out the windshield to the sunrise not in the rear back up camera.
👍️ 8 💯 1
tedpeele tedpeele 3 시간 전
Before it’s buried, I went to again ask the board. How can it be that YVES is saying they are addressing a whole new set of customers when the prior strategy included development of polymer slot, which was exactly I think what Yves is talking about – incorporating the polymer material with existing modulator systems?

Does anyone else here see that as somewhat puzzling? Who were they previously engaging with regard to polymer slot if it was not the same set of potential customers?

I’m still watching the whole interview but another question that occurs to me is why the PIC failed? He said that it’s not that much more difficult than single lane. So did they almost make it work but still change strategy? Were they actually close? I would think some here would be very curious about this, as am I. Did Dr. Lebby actually almost pull it off? Or are there no foundries on earth that are truly capable and willing to use a brand new modulator?

The answers might be revealing as to how difficult the PIC experts are going to find incorporating the polymer into their systems
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ombowstring ombowstring 3 시간 전
Does anyone know how much revenue this Perk would bring in even if it became "ubiquitous"? or "semi-ubiquitous"? Or just adopted on a small scale? That's something a sophisticated investor would be asking of management. And what would be the cost of manufacturing it. And how much profit would accrue to Lightwave as a result of these various scenarios?
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DBCooper55 DBCooper55 3 시간 전
It's been downhill for years and yet the pumpers here are still refusing to admit that LWLG has failed. There is no product, there is no revenue, just empty promises.

''yes but we have patents and prizes''

Who cares. Only the bagholders here apparently do. The market obviously doesn't care. But hey, surely the market is wrong and you must be right.........

Vaporware.
👍️ 1
Pro_v12001 Pro_v12001 3 시간 전
Agree but since Yves took over, we are way more open to work with them and provide the pdk and allow them to work with the material. I don't think Lebby was allowing that. This should definitely speed things up as well. Race is on amongst these large companies to be first to do more gigs per lane.
👍️ 3 💯 1
rikkie rikkie 3 시간 전
2 Years in a row they won the ECOC Industry Innovation Award for Hybrid PIC/Optical Integration Platform, recognizing the company's EO polymer material and technology as a leading innovation amongst the industry.
That says enough for me!!
And then we haven't even talked about the patents that are necessary to achieve all this.
I have patience because I know what I have!
👍️ 5 💯 1 😂 1
prototype_101 prototype_101 3 시간 전
Pro, Nvidia already knows about LWLG Perk,

worth another LQQk, Proto, Another example of Nvidia acknowledging the work at LWLG is the inclusion of the 400G/L-based modulators in the presentation Nvidia gave last October at PECC which placed LWLG's 400G at the forefront of a set of competing solutions for future nodes...

We' have critical meetings coming in a couple weeks at OFC25 to set LWLG on a breakthrough trajectory in the Datacom / Telecom vertical!
March was the six-month anniversary of Dr. T Connelly joining our BoD and his work should soon become visible with the activation of separate licensed verticals to LWLG's business plan...

We have money in the bank into 2026.
News on the way,
GLTAL
AR.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175941461

2024 ASM slides 13/14. There is NVIDIA written all over it. InfiniBand is 90% NVIDIA. NVIDIA is currently driving future industry hardware choices and all the big guys are in ‘catch up’ mode.

Slide13 Quote from Industry Leader (Nvidia?) “in many ways polymers will be an ideal enabler for the growth expected in InfiniBand. High speeds are required now”.
https://api.mziq.com/mzfilemanager/v2/d/307dbc8b-e212-48ba-9968-8cef3f6b5188/a669fa0d-6741-ad73-e523-69a20e3cdd15?origin=1

Also note that from Yves presentation on 1/9/25 slide #10 shows Nvidia as a company featured in BOTH the outer circle of Optical Transceiver Suppliers and the inner circle of Silicon Photonics Engines PIC's, it is most likely that Lebby had been focused on working with the companies shown in the outer circle as he had said "working with some of the largest Transceiver companies in the world" where the shift in Business Strategy Yves is more likely to be working with companies in the inner circle

https://api.mziq.com/mzfilemanager/v2/d/307dbc8b-e212-48ba-9968-8cef3f6b5188/4f259d6a-5d07-5eb6-c171-5aa079ec9bda?origin=1

Nvidia, like other major players in the tech industry, is keenly interested in advancements in optical interconnect technology, especially as it relates to AI and data center operations. Here's a breakdown of how Lightwave Logic's polymers fit into this context:

The Need for Speed and Efficiency:
- The rapid growth of AI and data-intensive applications is driving the demand for faster and more energy-efficient data transmission.
- Optical interconnects are crucial for meeting these demands, and companies like Nvidia are heavily invested in improving this technology.
- Nvidia, like other large tech companies, are dealing with the growing power consumption that comes with the optical portion of their systems.

Lightwave Logic's Polymers:
- Lightwave Logic's electro-optic (EO) polymers offer the potential for higher speeds and lower power consumption compared to traditional materials.
- These polymers are designed to improve the efficiency of optical modulators, which are essential components in optical interconnects.
- ightwave logics technology is being shown to be able to achieve very high data rates, which is something that companies like Nvidia need.

Nvidia's Interest:
- While direct, public statements from Nvidia specifically confirming their intent to implement LWLG's polymers may be limited, it's clear that Nvidia is very interested in the technology that LWLG is producing.
- Information shows that Nvidia is aware of the power consumption problems that optical transceivers are creating in data centers.
- The advancement of the technology that LWLG is producing, is very applicable to solving the problems that Nvidia is facing.
- The industry in general is moving towards the technology that LWLG is producing, and Nvidia is a large player in that industry.

In essence, Nvidia is actively involved in the ecosystem where Lightwave Logic's technology is highly relevant. Therefore, it is reasonable to conclude that Nvidia is interested in the advancements that Lightwave Logic is making.
👍️ 5 💯 2
rikkie rikkie 3 시간 전
“Everybody wants to talk to us. Right? Okay. So that's not again, that's not my challenge because everybody knows that this material is inherently superior to anything else.
I have mentioned it before. If you have the best product to realize that it is not surprising that LWLG is shorted and bashed so much. I am sure that everything is done to destroy LWLG, no matter how much it costs. The fear of the competition is very big!!
A top product without competition . Can you imagine that all other manufacturers are pushed out of the market because of inferior products?
LWLG will get what it deserves, they will all have to follow because there is no other solution with the best of the best namely "perkinamine"!!! I am really curious about the comments that will follow this but the clowns will not be far away
👍️ 7 🤦 1
Pro_v12001 Pro_v12001 4 시간 전
MB,

Agree. At this point, based on the last couple years, better for Yves to under promise and over deliver. Time frames have been set. If he does it faster than all the better. Like he said in the call, you have major companies like Nvidia, Broadcom, TSMC, and others all working on silicon photonics. They have the resources to move fast. It is my hope that as these major companies get a peak under the hood and start really working and understanding perk that they will just want to buy the company outright!
👍️ 10 💯 5
prototype_101 prototype_101 4 시간 전
Lightwave transcript 3/13/25 Shareholder call with highlights compliments of Lewrock

https://www.dropbox.com/scl/fi/dzsc7lf2o6ut4umlcjz3i/2025-031-3-LWLG-Special-update-call-transcript.docx?rlkey=t77xdl8ww9a19tmhj7vvx7wdt&dl=0
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WooptdooU WooptdooU 5 시간 전
My new everyday (almost) post...Good luck lwlg team, stay focused, in getting our polymers deployed in real life optical links as soon as possible!
😂 1
prototype_101 prototype_101 5 시간 전
Some positive take aways of Yves LeMaitre’s presentation 3/13/25

1. Industry recognized need for new materials, polymers on top of the list based on feed back from biggest companies in the field. Polymers will ‘ shine’ with need for ever higher bandwidth. There is no alternative material for bandwidth over 200 G per lane.

2. Giving ( very conservative) development leadtimes, 2025 is going to be crucial to enable PIC development & manufacturing companies to achieve volume scaling in 2026/ 2027 and beyond.

3. Semi conductors accelerated use of optics in CPU and GPU requires faster bandwidth in transceivers and departure from ‘ discrete’ electronics to faster silicon photonics ( optics) solutions , which drove the change towards a new go to market strategy: to make Lightwave the foundational material supplier to the industry ( Like a DuPont) and to enter the market of super fast modulators with Polariton.

4. Transceiver is truly market exploding with high end 800G per lane ( Lightwave/Polariton) addressable market already between $ 1B and 2.5 billion in 2027.

5. LeMaitre expects Lightwave to have a very ‘meaningful’ market share in this market segment. I would say ,probably the term ‘ dominant’ is more appropriate.

6. Based on this inputs a market value can be extrapolated which is very attractive.

and a few excerpts

“Our internal estimate is that the modulator portion of the transceiver ranges from 10 to 25% of the total value, depending on the level of integration provided. We estimate that this equates to a total serviceable market in 2027 of between $1 billion and 2.5 billion.
“ We believe that our new go-to-market strategy leaves us well-positioned to capture a meaningful share of this opportunity as we open up access to our technology toolkit and get our materials into the hands of potential partners for design wins in 2025 and 2026.”

“… I'm happy to report that we have already lined up many of the major potential customers for technical and commercial meetings. As you realize, although the end users of our materials remain the same, our new go-to-market strategy requires us to engage with a different set of direct customers. Since my first day on the job, I have immediately approached new potential customers so we don't disappear…”
“ Customer response has been overwhelmingly positive but we need to move fast. Every morning our team starts the day with one primary goal in mind get our polymers deployed in real life optical links as soon as possible.”

“ … As discussed earlier, even by operating at the materials level, the serviceable market remains very large, and time to market is most critical to deliver value to our shareholders. We also believe that our inherent cost structure and manufacturing yields will be superior to competitive solutions, allowing us to enjoy above-industry-average cost margins in high-volume.”

Ok, so taking a 70% market share in a 1B to 2.5B high end modulator/ transceiver market at a Gross Profit of 50% ( probably higher) gives 700 mio to 1.8 B revenue and 350 to 900 mio gross profit, let’s say an average of 600 mio gross profit Take your P/E ratio and you must agree the inherent potential is very very attractive. even if you dilute twice the current share count

I keep my shares.
jeunke22

I know Yves will have inked a couple of deals by the ASM, and the stream of deals will continue throughout 2025/2026 leading to the Phases 3/4 he discussed culminating in Mass Commercialization's beginning in 2027
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WooptdooU WooptdooU 6 시간 전
Agreed, one or MORE design wins will strongly help the stock price. A Big investor will do even more. Yve's put both on the table. Let's hope he can follow through.
That interview was very helpful. I wonder if the interviewer will actually contact the other bod members as he mentioned?
Even though they are hhpl's, they still make up 25% and if sticking together
(only 150 of 400 were on the call), that can change the bod make up.
👍️0
jeunke22 jeunke22 6 시간 전
I believe a cooperation agreement ‘ design wins’ will be signed after design approval by both companies, pretty early in the process. Total process 12-18 month.
If kick off meeting happened ( very likely) this year and we are now in phase 2, design approval could happen pretty soon.
Key Milestones in a collaborative semi conductor development process.
- Kickoff Meeting and Role Assignment
- Completion of Feasibility Study
- Design Approval by Both Companies
- Prototype Fabrication Start
- Successful Prototype Testing and Refinement
- Agreement on Final Design
- Manufacturing Setup Ready
- Product Launch and Distribution Agreement
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More Belgians More Belgians 6 시간 전
Have you on iggy
This "post" perfectly matches what I vaguely remember about you.
👍️ 4 💯 2
Lurker3 Lurker3 7 시간 전
A belgian calling someone else a retard. Thats an oxymoron
👍️ 1 👿 1 💀 1 😴 1 🤣 2
More Belgians More Belgians 7 시간 전
Yes, I'll call anyone who links intelligence to the evolution of a stock price—or even to predicting it—retarded.
And you've just proven my point perfectly.
Again
👍️ 7 💯 5 😴 1
Polymer Paul Polymer Paul 7 시간 전
Yep.. you've been calling me retarded ... All the way down from $12 dollar stock price. What does that make you ?????? Genius . Lol
👍️ 1 😂 1
More Belgians More Belgians 7 시간 전
This company has survived for over 20 years:
Without generating any revenue
Without widespread belief in its product
Without even having a market

Today, we are a key enabler of a technology poised to fundamentally reshape society—comparable to the steam engine and electricity before it.
“Everyone wants to talk to us. The entire industry recognizes our material as the future.”

If you seriously think it'll take Yves another 18-24 months to deliver meaningful news, you're even more retarded than I thought.
👍️ 12 💀 1 💯 4 🤣 1 🤦 1
Polymer Paul Polymer Paul 8 시간 전
This is good.... So you now know that when Yves says 18-24 months for results... He means 18-24 months !!! Long time off that Belgium ... Very long time in the stock world. Good luck with that
👍️0
More Belgians More Belgians 9 시간 전
Done a "deep research" on Yves via chat GPT- also asked to analyse the latest safecapital interview
took chat gpt 15 minutes

for what it's worth! , enjoy

Got it. I’ll dig deep into Yves LeMaitre’s background—his previous roles, track record in the industry, reputation among peers, and any indicators that speak to his trustworthiness. I’ll also consider how his communication style in the interview aligns with that.

I’ll let you know when the findings are ready.

# Yves?LeMaitre, CEO of Lightwave Logic – Trustworthiness and Credibility Assessment

## Introduction
Yves LeMaitre is the current Chief Executive Officer of **Lightwave Logic**, a company developing electro-optic polymer technology for high-speed optical communications. This report examines LeMaitre’s **trustworthiness and credibility** as a CEO by analyzing two key areas: **(1) his professional background and industry reputation** and **(2) his communication style and candor during a March 2025 investor interview**. We draw on press releases, industry articles, interviews, and commentary from photonics experts and investors to evaluate LeMaitre’s track record, leadership integrity, and the consistency of his statements with known facts. A summary of findings and conclusion on his perceived trustworthiness are provided at the end.

## Professional Background and Industry Reputation
**Extensive Photonics and Telecom Experience:** Yves LeMaitre is widely regarded as a *“photonics industry veteran”* with over 30 years of experience in optical networking, lasers, and datacenter technologies ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=LeMaitre%20joined%20the%20company%E2%80%99s%20board,chief%20strategy%20officer%20of%20Lumentum)). He holds advanced degrees in mathematics, computer science, and engineering from French institutions, and has built a career across multiple leading companies in the optics and telecom sectors. Notably, LeMaitre served in senior executive roles at **Oclaro, Lumentum, Luna Innovations, IPG Photonics**, and several startups, accumulating deep expertise in corporate strategy, product commercialization, and sales ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=Yves%20LeMaitre%20joined%20Lightwave%20Logic%E2%80%99s,technology%20innovation%20and%20commercial%20execution)) ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=Prior%20to%20that%2C%20he%20served,served%20as%20Oclaro%3Fs%20President%20of)). His industry reputation is bolstered by a proven track record as a **trusted business advisor and transformational leader**, evidenced by repeated appointments to guide companies through growth or strategic change ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=Yves%20LeMaitre%20joined%20Lightwave%20Logic%E2%80%99s,technology%20innovation%20and%20commercial%20execution)).

**Key Roles and Achievements:** Early in his career, LeMaitre was a vice president at **Bookham/Avanex (which later became Oclaro)**, where he helped orchestrate a crucial 2009 merger that revitalized the struggling optical components makers into the new entity Oclaro ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=What%E2%80%99s%20in%20a%20name%3F%20When,the%20words%20%E2%80%9Coptical%E2%80%9D%20and%20%E2%80%9Cclarity%E2%80%9D)) ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)). As Oclaro’s Executive VP for Strategy and Corporate Development, he championed a strategy of focus and selective diversification. For example, LeMaitre advocated divesting non-core units (such as the New Focus division) to double down on Oclaro’s III-V semiconductor laser core competency, reasoning that *“we felt that we don’t have a strong differentiator [in those non-core areas]… on the other hand, everything related to the III-V chip was something that we knew we did well”*, so it made sense to concentrate resources there ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=%24105%C2%A0million%20in%20cash%20on%20its,bubble%20crash%20period)). This strategic discipline paid off – by 2010 Oclaro had achieved improved margins, returned to net profitability, and even raised $77?million in a public stock offering ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)). LeMaitre himself credited then-CEO Alain Couder for pushing through the tough merger that enabled Oclaro’s turnaround ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)), reflecting a collaborative leadership style that acknowledges team efforts.

LeMaitre continued with Oclaro through the 2010s, navigating multiple acquisitions and rising to the role of **Chief Strategy Officer (CSO)** when Oclaro was acquired by **Lumentum** in 2018 ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=operations,of%20the%20company%3Fs%20core%20business)). In this capacity, he was responsible for strategic planning, corporate development and marketing across Lumentum’s core businesses (optical communications, industrial lasers, 3D sensing) ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=operations,served%20as%20Oclaro%3Fs%20President%20of)). Importantly, his work at Oclaro/Lumentum helped position Oclaro as a leader in certain optical niches – for instance, he drove the growth of indium phosphide laser products for datacenter interconnects (now critical in AI cloud networks) ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=,end%20networks)). Colleagues and industry watchers have noted that LeMaitre was *“key to positioning Oclaro as a leader in optical connectivity”* during that period ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=,end%20networks)). This suggests a reputation for **strategic foresight** in identifying growth markets and executing on them.

After leaving Lumentum around 2020, LeMaitre provided strategic consulting to various photonics firms and took on interim leadership roles. He served as **President of RIO Lasers** (a laser manufacturer that was acquired by Luna Innovations), then oversaw integration of acquisitions as an SVP at **Luna Innovations** until 2021 ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=Prior%20to%20that%2C%20he%20served,served%20as%20Oclaro%3Fs%20President%20of)). In 2022, he was tapped by **IPG Photonics** to lead its Optical Coherent Division and prepare it for sale – a task he executed successfully, *“advis[ing] and overs[eeing] [the division’s] divestiture to Lumentum”* in 2022 ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=industry%20veteran%20with%20more%20than,chief%20strategy%20officer%20of%20Lumentum)). This accomplishment underscores that peers in the industry trusted LeMaitre with high-stakes projects, such as carving out a business unit and negotiating its transfer to a major player. He also briefly served as CEO of a tech startup (Astrobeam.Space in 2023) developing laser-beam communications for satellites ([Lightwave Logic Appoints Yves LeMaitre To Its Board | citybiz](https://www.citybiz.co/article/580805/lightwave-logic-appoints-yves-lemaitre-to-its-board/#:~:text=Mr,where%20he%20served%20as%20President)), demonstrating an entrepreneurial side and willingness to drive innovation in emerging fields.

**Reputation for Integrity and Leadership Style:** Throughout these roles, LeMaitre has built a reputation as a **steady, strategic leader** with a global perspective. Lightwave Logic’s own announcement lauded him as a *“trusted business advisor”* and *“transformational growth CEO”* who emphasizes corporate strategy, customer relationships, and technology innovation ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=Yves%20LeMaitre%20joined%20Lightwave%20Logic%E2%80%99s,technology%20innovation%20and%20commercial%20execution)). Industry publications similarly highlight his veteran status and breadth of expertise ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=LeMaitre%20joined%20the%20company%E2%80%99s%20board,chief%20strategy%20officer%20of%20Lumentum)). There is no public indication of scandals or ethical lapses in his past; on the contrary, companies have repeatedly entrusted him with sensitive leadership tasks (mergers, turnarounds, integrations). His **public statements** in past interviews hint at a thoughtful and candid leadership style. For example, in a 2011 Optics.org interview during Oclaro’s post-merger integration, LeMaitre spoke frankly about challenges and strategy, openly discussing the company’s image problems and the need to leverage core differentiators for new markets ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=Targeting%20non,colleagues%20have%20thought%20hard%20about)) ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=%24105%C2%A0million%20in%20cash%20on%20its,bubble%20crash%20period)). He did not shy away from admitting prior failed attempts (noting a previous merger effort that had failed before the successful one) and credited colleagues for successes ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)). This willingness to address both failures and successes transparently suggests integrity in his communication. His strategic decisions – such as exiting a non-core business at Oclaro or pivoting IPG’s division – also indicate a **pragmatic approach** focused on long-term company health over short-term optics.

In the photonics and telecom community, LeMaitre is known from his frequent involvement in industry events and partnerships. He has been a board advisor to established firms like **Trumpf Photonic Components** and **Sanmina** ([Lightwave Logic Appoints Yves LeMaitre To Its Board | citybiz](https://www.citybiz.co/article/580805/lightwave-logic-appoints-yves-lemaitre-to-its-board/#:~:text=Mr,Electronics%20division%20of%20Sanmina%20AMT)), which implies respect for his expertise. When Lightwave Logic appointed him to its Board in mid-2024 (prior to elevating him to CEO), it was viewed positively: *“LeMaitre brings [a] track record of success productizing and scaling optical technology for datacenters”*, noted one press release ([Lightwave Logic Appoints Yves LeMaitre To Its Board | citybiz](https://www.citybiz.co/article/580805/lightwave-logic-appoints-yves-lemaitre-to-its-board/#:~:text=Yves%20LeMaitre%20Brings%20Track%20Record,IT)). His broad experience – from lasers and photonic components to end-user applications like 3D sensing – gives him credibility when he speaks on the future of optical interconnects. In short, LeMaitre’s background paints him as a **seasoned insider** of the photonics/optics industry with a history of making strategic, and sometimes difficult, decisions that ultimately benefited the companies he worked for. This solid foundation contributes greatly to perceptions of his trustworthiness as a leader.

## Communication Style in the March 2025 Investor Interview
In March 2025, a few months into his tenure as CEO, Yves LeMaitre engaged in detailed discussions with investors about Lightwave Logic’s direction. Notably, the company hosted a **special investor call on March 13, 2025** to outline its go-to-market strategy ([Lightwave Logic to Host Special Call on March 13, 2025 -March 03, 2025 at 04:02 pm EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-to-Host-Special-Call-on-March-13-2025-49221537/#:~:text=ENGLEWOOD%2C%20Colo,market%20strategy)), and shortly after, LeMaitre sat for an in-depth investor interview (circa March 21, 2025) facilitated by the Safe Capital investor community. These appearances provide insight into his communication style, **tone**, and **level of transparency** when addressing stakeholders.

**Tone and Clarity:** LeMaitre’s tone during the March 2025 communications was described as **upbeat, confident, yet pragmatic**. He struck a balance between enthusiasm for Lightwave Logic’s opportunities and realism about the work ahead. In the investor interview, he spoke passionately about the *“fantastic”* market opportunity created by generative AI’s demand for faster optical interconnects, noting that *“there is a window in the market…that never existed before”* in terms of size and volume ([Lightwave Logic Inc (LWLG): Yves yesterday: “the fantastic thing fo...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175959961#:~:text=Yves%20yesterday%3A%20%E2%80%9Cthe%20fantastic%20thing,convincing%20all%20the%20silicon%20photonics)). His excitement was evident as he explained how this window allows Lightwave to accelerate commercialization by partnering with larger companies. Importantly, he conveyed these ideas in clear terms: investors were able to extract concrete points from his remarks, suggesting he communicated with **structure and clarity**. For example, during the March 13 call, LeMaitre systematically broke down the company’s plan into phases and market segments, which an investor summarizing the presentation could enumerate as key takeaways (need for new materials, timeline through 2027, partnership strategy, market size projections, etc.) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=Some%20positive%20take%20aways%20of,Yves%20LeMaitre%E2%80%99s%20presentation%203%2F13%2F25)) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=3,super%20fast%20modulators%20with%20Polariton)). Such detailed breakdown indicates LeMaitre articulated a coherent strategy that listeners could follow and reiterate.

He often uses analogies or industry context to clarify his vision. In explaining the new strategy, LeMaitre likened Lightwave Logic’s role to that of a foundational **materials supplier “like a DuPont”** for the photonics industry, rather than a competing device manufacturer ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=3,super%20fast%20modulators%20with%20Polariton)). This analogy helped communicate a clear shift in approach – i.e. becoming the underlying technology provider enabling many OEMs, which is easily grasped by investors. His style is also **data-informed**; he cited internal estimates and industry feedback frequently. For instance, he quantified the target market by noting the modulator component could be 10–25% of a transceiver’s value and extrapolated a serviceable market of $1–2.5 billion by 2027 for the high-end modulators Lightwave and its partners aim to produce ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9COur%20internal%20estimate%20is%20that,%E2%80%9D)). By providing numbers and timelines, LeMaitre added credibility to his claims and gave investors tangible reference points, rather than resorting solely to vague hype.

**Openness and Transparency:** By most accounts, LeMaitre was **forthcoming and candid** in the March 2025 discussions, especially about the company’s new strategy and the lessons learned from prior approaches. Under previous leadership, Lightwave Logic had focused on developing complete modulator devices and keeping details in-house, which may have led potential partners to view the company more as a competitor. LeMaitre addressed this head-on. He openly acknowledged a strategic pivot: *“We are transitioning from being a material supplier to collaborating on market development through end-user engagement and technical cooperation,”* he stated in a press release that month ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=Yves%20LeMaitre%2C%20Chief%20Executive%20Officer,opportunities%20presented%20by%20AI%20market)). In the investor interview, he expanded on this, explaining that the **market “window” is so large** (thanks to AI bandwidth needs) that Lightwave can prosper by teaming up with established silicon photonics players rather than trying to go it alone ([Lightwave Logic Inc (LWLG): Yves yesterday: “the fantastic thing fo...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175959961#:~:text=Yves%20yesterday%3A%20%E2%80%9Cthe%20fantastic%20thing,convincing%20all%20the%20silicon%20photonics)). He stressed that the company was pouring all its effort into *“convincing all the silicon photonics players that they really have to work with us.”* ([Lightwave Logic Inc (LWLG): Yves yesterday: “the fantastic thing fo...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175959961#:~:text=that%20there%20is%20a%20window,have%20to%20work%20with%20us)) This frank admission that Lightwave Logic cannot succeed in isolation – and must partner with bigger industry actors – demonstrates a **refreshing realism and openness**. Rather than evading the issue of why no commercial deal had been signed yet, he essentially answered it: they needed to adjust their business model to be seen as a collaborator, not a threat, to potential customers.

LeMaitre also volunteered information about progress and challenges. He revealed that since his first day as CEO, he had proactively *“approached new potential customers”* and lined up many major tech companies for technical and commercial meetings ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9C%E2%80%A6%20I%27m%20happy%20to%20report,%E2%80%9D)). He didn’t hide the fact that this involved engaging a “different set of direct customers” than Lightwave had dealt with before, implicitly acknowledging that the previous focus was misdirected and required change ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9C%E2%80%A6%20I%27m%20happy%20to%20report,%E2%80%9D)). According to LeMaitre, the **customer response had been “overwhelmingly positive”** to this outreach, but he tempered that optimism with urgency, adding that *“we need to move fast”* to capitalize on it ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=end%20users%20of%20our%20materials,%E2%80%9D)). Such statements indicate a high degree of transparency – he is giving investors a peek into ongoing talks and the company’s sense of both opportunity and time pressure. Notably, LeMaitre also discussed development timelines candidly. He characterized his timeline estimates as *“very conservative”*, explaining that 2025 would be crucial for enabling partners to design and scale products, with volume commercialization likely in 2026–2027 and beyond ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=over%20200%20G%20per%20lane)) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=2,in%202026%2F%202027%20and%20beyond)). By outlining a multi-year roadmap and emphasizing that **time-to-market is critical** for delivering shareholder value ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9C%20%E2%80%A6%20As%20discussed%20earlier%2C,volume.%E2%80%9D)), he resisted any temptation to promise unrealistically immediate results. This level of candor about the **long lead time** required (which can test investors’ patience) suggests he aims to **manage expectations honestly** rather than hype short-term wins.

When it came to tough questions, LeMaitre’s face-to-face interview format meant he could not simply rely on prepared remarks – and investors appreciated his direct engagement. One investor who watched the March 21 interview commented: *“Awesome interview… he actually has to answer the questions face to face.”* This viewer came away confident that *“Yves is the guy who is going to finally ink some deals”*, precisely because of the forthright way he addressed the company’s strategy ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=Awesome%20interview%E2%80%A6,need%20to%20sell%20the%20material)). The investor noted they were “glad to know” that management can now share **lessons learned** with partners so Lightwave *“won’t be seen as a threat”*, calling it *“wild that it took so long to realize we just need to sell the material.”* ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=face,need%20to%20sell%20the%20material)). This reaction highlights that LeMaitre was **transparent about past missteps** (at least implicitly) and that he clearly communicated the new focus on providing polymer material technology to partners. By openly shifting the narrative from secretive R&D to collaboration and material sales, he increased stakeholder trust. There is no indication from the interview feedback that he dodged any questions; on the contrary, his extensive answers and willingness to acknowledge change imply a **high level of integrity** in his communication.

**Consistency with Facts:** LeMaitre’s statements during these discussions are largely consistent with publicly available facts and industry trends, lending credibility to his narrative. For instance, he asserted that *“there is no alternative material”* aside from polymers to achieve data rates above 200Gb/s per optical lane ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=Some%20positive%20take%20aways%20of,Yves%20LeMaitre%E2%80%99s%20presentation%203%2F13%2F25)). This claim aligns with the consensus that traditional materials like silicon photonics or indium phosphide face physical limits at very high speeds – indeed, Lightwave’s own partnership with Polariton is aimed at combining polymers with plasmonics to push to 400Gb/s and beyond, precisely because conventional modulators struggle at those speeds ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=The%20collaboration%20allows%20for%20the,4%20Tb%2Fs%20in%20the%20future)). He also spoke about the accelerating need for optics in AI data centers (for GPU interconnections), which is well documented in the industry. Nothing he presented about the market opportunity contradicts external analyses; if anything, it echoes them. Moreover, his description of Lightwave’s new partnering strategy is corroborated by the company’s actions. Just days before the interview, Lightwave Logic announced an expansion of its partnership with **Polariton Technologies** to co-develop 400Gb/s polymer modulators for next-gen AI applications ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=Yves%20LeMaitre%2C%20Chief%20Executive%20Officer,opportunities%20presented%20by%20AI%20market)) ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=The%20collaboration%20allows%20for%20the,4%20Tb%2Fs%20in%20the%20future)). In that announcement, LeMaitre’s quote mirrored exactly what he told investors – that Lightwave is moving from simply supplying materials to **deep collaboration with industry partners**, combining each other’s strengths ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=Yves%20LeMaitre%2C%20Chief%20Executive%20Officer,opportunities%20presented%20by%20AI%20market)). This consistency between words and deeds bolsters his credibility.

It’s worth noting that LeMaitre stopped short of revealing any confidential details or over-promising results. For example, while he expressed confidence that Lightwave could capture a “meaningful share” of the future modulator market ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=5,%E2%80%98%20dominant%E2%80%99%20is%20more%20appropriate)) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9COur%20internal%20estimate%20is%20that,%E2%80%9D)), he did not claim guaranteed dominance, nor did he provide names of the “major potential customers” in discussions (likely due to NDAs and competitive sensitivity). This careful line between openness and discretion indicates **professionalism** – he is transparent about the *process* (talking to many big players, the positive interest level) but rightly guarded about specifics that are not yet public. We do not see any obvious inconsistencies such as claiming a done deal that doesn’t exist or denying something that is known to be true. In fact, LeMaitre’s comments on the need to fund ongoing development were validated by the company’s subsequent actions. Lightwave Logic filed a prospectus supplement in March 2025 to potentially raise additional capital for its roadmap ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=)), in line with his emphasis that speeding to market is crucial (which often requires funding). Rather than being a red flag, this suggests he was aware of and addressing the realities of financing the plan, even if he did not explicitly discuss the financing on the call. Overall, his messaging in the interview appears **accurate and aligned** with both the company’s official disclosures and the state of the industry, which is a hallmark of a trustworthy communicator.

## Summary of Findings and Conclusion
**Summary of Findings:** Yves LeMaitre’s background reveals a **seasoned executive** with significant achievements in the photonics and optical communications arena. He has held pivotal roles in companies that navigated major industry transitions, and he is credited with contributing to successful outcomes such as Oclaro’s growth and acquisition and IPG Photonics’ division sale ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=industry%20veteran%20with%20more%20than,chief%20strategy%20officer%20of%20Lumentum)) ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)). Peers and employers have repeatedly entrusted him with strategy formulation, business development, and turnaround initiatives – indicating a high degree of respect and confidence in his capabilities. There are no evident red flags in his professional history; instead, the pattern is one of **taking on tough challenges** and executing them methodically. His leadership style, as gleaned from past interviews and decisions, leans toward **strategic clarity, focus on core strengths, and honest assessment** of what needs to change (for example, his push to concentrate on differentiators at Oclaro ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=%24105%C2%A0million%20in%20cash%20on%20its,bubble%20crash%20period))). These traits speak to his integrity and reliability as a leader.

During the March 2025 investor communications, LeMaitre further solidified his credibility. His tone was **upbeat but not overhyped**, and he communicated the company’s strategy and industry positioning in **clear, concrete terms** – using data, analogies, and well-structured explanations. Importantly, he was **transparent about shifting Lightwave Logic’s approach** to be more collaborative and speed-oriented, implicitly acknowledging prior strategic pitfalls. Investors generally reacted positively to his candor and depth of response, interpreting it as a sign that he is the leader who can build trust with partners and finally deliver commercial results ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=Awesome%20interview%E2%80%A6,need%20to%20sell%20the%20material)) ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=face,need%20to%20sell%20the%20material)). We found that LeMaitre’s statements in the interview align well with known facts and realistic timelines. He did not make promises that clash with the technical or market reality; instead, he set out a vision that is **ambitious yet plausible**, given the validation from industry trends and Lightwave’s ongoing partnership efforts. His willingness to engage in extensive Q&A and to *“answer the questions face to face”* ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=Awesome%20interview%E2%80%A6,need%20to%20sell%20the%20material)) demonstrates a level of openness that is often appreciated by investors and is a positive indicator of trustworthiness.

**Conclusion:** Based on the evidence, **Yves LeMaitre is perceived as a trustworthy and credible CEO** for Lightwave Logic. His decades of relevant industry experience and track record of guiding companies through change provide a strong foundation that commands respect. Moreover, his recent communications show him to be **honest, articulate, and realistic** about both opportunities and challenges. LeMaitre comes across as a leader who values transparency – he communicates what he can, sets fair expectations, and then backs up his words with action (such as forging needed partnerships). While the ultimate measure of credibility will be delivering tangible business results in the coming years, LeMaitre’s approach so far has instilled confidence. In summary, he has leveraged his professional reputation and candid communication style to establish trust with stakeholders. Observers in the photonics and investor community generally view him as a **capable, integrity-driven CEO** who is well-suited to lead Lightwave Logic through its critical commercialization phase ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=Yves%20LeMaitre%20joined%20Lightwave%20Logic%E2%80%99s,technology%20innovation%20and%20commercial%20execution)) ([Lightwave Logic Inc (LWLG): Yves yesterday: “the fantastic thing fo...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175959961#:~:text=Yves%20yesterday%3A%20%E2%80%9Cthe%20fantastic%20thing,have%20to%20work%20with%20us)). Each step he has taken – from reorganizing strategy to engaging openly with investors – has been consistent with building credibility, making it reasonable to conclude that Yves LeMaitre merits a positive judgment on trustworthiness as the leader of Lightwave Logic.

**Sources:**

- Lightwave Logic Board of Directors Bio – Yves LeMaitre ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=Yves%20LeMaitre%20joined%20Lightwave%20Logic%E2%80%99s,technology%20innovation%20and%20commercial%20execution)) ([Board of Directors - Lightwave Logic](https://www.lightwavelogic.com/leadership/board-of-directors/#:~:text=,end%20networks))
- Photonics Spectra (Dec 2024): Executive Leadership Changes at Lightwave Logic ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=LeMaitre%20joined%20the%20company%E2%80%99s%20board,chief%20strategy%20officer%20of%20Lumentum))
- CityBiz News (July 2024): Appointment of Yves LeMaitre to Lightwave Logic Board ([Lightwave Logic Appoints Yves LeMaitre To Its Board | citybiz](https://www.citybiz.co/article/580805/lightwave-logic-appoints-yves-lemaitre-to-its-board/#:~:text=Mr,where%20he%20served%20as%20President))
- Optics.org Interview (Mar 2011): LeMaitre on Oclaro’s strategy ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=LeMaitre%2C%20who%20joined%20Bookham%20from,a%20public%20offering%20of%20stock)) ([Interview: Oclaro prioritizes diversification](https://optics.org/indepth/2/2/2#:~:text=%24105%C2%A0million%20in%20cash%20on%20its,bubble%20crash%20period))
- Polariton Partnership Press Release (Mar 2025) – Quote from Yves LeMaitre ([Lightwave Logic Expands Partnership for 400Gb/s AI Optical Solutions | LWLG Stock News](https://www.stocktitan.net/news/LWLG/lightwave-logic-and-polariton-technologies-expand-technical-a30kkcl64jui.html#:~:text=Yves%20LeMaitre%2C%20Chief%20Executive%20Officer,opportunities%20presented%20by%20AI%20market))
- InvestorsHub transcript of March 21, 2025 interview – LeMaitre on market window & partnerships ([Lightwave Logic Inc (LWLG): Yves yesterday: “the fantastic thing fo...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175959961#:~:text=Yves%20yesterday%3A%20%E2%80%9Cthe%20fantastic%20thing,convincing%20all%20the%20silicon%20photonics))
- Reddit r/LWLG investor comments on LeMaitre’s interview performance ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=Awesome%20interview%E2%80%A6,need%20to%20sell%20the%20material)) ([Weekend Hangout - Friday, March 21, 2025 : r/LWLG](https://www.reddit.com/r/LWLG/comments/1jgq11i/weekend_hangout_friday_march_21_2025/#:~:text=face,need%20to%20sell%20the%20material))
- InvestorsHub summary of March 13, 2025 call – LeMaitre’s strategy points and quotes ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9COur%20internal%20estimate%20is%20that,%E2%80%9D)) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=%E2%80%9C%E2%80%A6%20I%27m%20happy%20to%20report,%E2%80%9D))
- MarketScreener press release (Dec 2024): CEO appointment and background ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=various%20market,October%202023%20to%20March%202024)) ([Lightwave Logic, Inc. Announces Chief Executive Officer Changes -December 11, 2024 at 08:31 am EST | MarketScreener](https://www.marketscreener.com/quote/stock/LIGHTWAVE-LOGIC-INC-120791540/news/Lightwave-Logic-Inc-Announces-Chief-Executive-Officer-Changes-48572195/#:~:text=Prior%20to%20that%2C%20he%20served,served%20as%20Oclaro%3Fs%20President%20of))
- Additional industry news and press releases for verification of roles and statements ([
Lightwave Logic Makes Executive Leadership Changes | Industry News | Feb 2025 | Photonics Spectra
](https://www.photonics.com/Articles/Lightwave_Logic_Makes_Executive_Leadership_Changes/p5/a70568#:~:text=industry%20veteran%20with%20more%20than,chief%20strategy%20officer%20of%20Lumentum)) ([Lightwave Logic Inc (LWLG): Some positive take aways of Yves LeMaitr...](https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175943832#:~:text=polymers%20deployed%20in%20real%20life,%E2%80%9D)).
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jeunke22 jeunke22 10 시간 전
One more observation on the patents. TSMC uses the generic expression ‘polymers’.between brackets. I wonder if Lightwave’s extensive patent portfolio is coming into play?
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jeunke22 jeunke22 10 시간 전
Have a look at TSMC / Nvidia they claim implicitly 12 month from design to volume production and launch. I think you are right 18-24 months is the ‘ old’ ready, steady ‘ practice, but times have changed things will be done in parallel and not sequential and we know that development times are shrinking due to the enormous pressure to catch up in this race. Revealing that Yves keeps mentioning that during these few months a huge ‘ window of opportunity ‘ is opening up and that the pressure is also ‘ ON’ for Lightwave.
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jeunke22 jeunke22 10 시간 전
That’s pretty revealing. TSMC announced only last year their plan to move into silicon photonics and be ready in 2027. Now NVDIA claims end of 2025 TSMC may be ready to launch their CPO and moving much faster pushed by NVIDIA. Thanks for digging this up

Interesting to see that design development started end of 2024 and these guys claim to be able to go from design to volume production in just 12 months.

“ Jan 7, 2025
#1
NVIDIA and TSMC have developed a silicon photonics-based chip prototype, according to a report in the Taiwanese press. TSMC is the world's leading contract chip manufacturer, and with Intel's troubles, it has also established itself as the most advanced chip manufacturer on the planet. Silicon photonics is an emerging chip manufacturing technology that blends photonic circuits with traditional circuits to overcome physical limitations with semiconductor fabrication. According to the report, the prototype was developed late last year (2024), with NVIDIA and TSMC also working on optical packaging technologies to improve AI chip performance.@
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forztnt2 forztnt2 15 시간 전
Taiwan Semiconductor (TSMC)Patents : I was reviewing a few patents on Micro Ring Modulators, and found several from TSMC that are related. Please recall that TSMC was part of the recent NVIDIA news involving CPO and Coupe (Compact universal Photonic engine).

The patents published in early 2025 ( Feb/March)are related and caught my eye. They all kept the identical clauses, for example Application 18/526920, "Optical device and method of manufacture". Excerpts below...

" ..... for the first active layer 201 may be a dielectric material such as silicon nitride or the like, although in other embodiments the material 105 for the first active layer 201 may be III-V materials, lithium niobate materials, []or polymers[]....."

"...optical components 203 of the first active layer 201 may include such components as optical waveguides (e.g., ridge waveguides, rib waveguides, buried channel waveguides, diffused waveguides, etc.), couplers (e.g., grating couplers, edge couplers that are a narrowed waveguide with a width of between about 1 nm and about 200 nm, etc.), directional couplers, optical modulators (e.g., Mach-Zehnder silicon-photonic switches, microelectromechanical switches, micro-ring resonators, etc.), amplifiers, multiplexors, demultiplexors, optical-to-electrical converters (e.g., P-N junctions), electrical-to-optical converters, lasers, combinations of these, or the like...".

Does it mean TSMC is using polymers now? NO.

Does it mean TSMC is aware of the possibility and believes that polymers can potentially replace other III-V and Lithium Niobate materials well enough to include in the patent write up? YES.

Does it mean this will happen quickly? NO, CPO approach shared by NVIDIA is still a little ways off into the future as per several news articles.

What does it mean? Only time will tell, best to stay tuned.

GLTA
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