Lightwave Logic Makes First Optical Polymer Sale
NEWARK, Del., Aug. 22, 2013 — Lightwave Logic Inc. will provide the University of Colorado’s Guided Wave Optics Laboratory with organic nonlinear optical polymers in support of a Boulder Nonlinear Systems’ (BNS) effort to develop a 3-D imaging laser radar system prototype.
“This will be the first direct sale of our materials and validates that our Perkinamine family of chromophores can enable new toolsets for the development of next generation devices with advanced capabilities,” said Lightwave Logic chairman and CEO Tom Zelibor. “Even though this represents only a small amount of our material and revenue, if successful it could lead to more significant sales. I am also pleased that our long-term relationship with Dr. Alan Mickelson and the Guided Wave Optics Lab at University of Colorado and BNS will provide an opportunity to showcase our material in an advanced DoD (Department of Defense) application.”
Initially founded as PSI-TEC Corp., Lightwave Logic became a publicly traded entity in July 2004. It develops next-generation polymers for applications in high-speed fiber-optic data communications and optical computing.
For more information, visit: www.lightwavelogic.com
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