Lightwave Logic, Inc. · NASDAQ:LWLG
Lightwave Logic — ECOC Market Focus 2024
37 slides from Lightwave Logic's conference presentation, September 2024
Slide 1: Faster by Design
Faster by Design “World class performance for 200Gbps PAM4 and 400Gbps PAM4 lanes from electro-optic polymer modulators.” NASDAQ ECOC Market Focus LWLG September 2024
Slide 2: Safe Harbor
Safe Harbor The information in this presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue,
Slide 3: Who we are…
Who we are…
Slide 4: Corporate Overview
Corporate Overview Lightwave Logic is positioned for growth by leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power and integration with silicon foundaries… NASDAQ LWLG Large & Growing Proprietary EO Polymer Commercialization Share Price1 $3.90 Overall
Slide 5: Polymer Opportunities…
Polymer Opportunities…
Slide 6: Key EO Polymer Material & Modulator Markets
Key EO Polymer Material & Modulator Markets * “DATACENTERS” “SPACE” “QUANTUM” “STORAGE” Near Term: Addressing Datacenter power and speed requirements Is Clear Application for EO Polymers Source: LWLG, Google, Seagate 6
Slide 7: Reducing power in data centers will remain a top priority
Reducing “Power” in data centers with minimum disruption will remain a top priority for the near future To reach pJ/Bit targets a “collective” effort is needed • A key “vehicle” for this effort can be new, high- density modules enabled by “co-dependent” features like… • Lower power/”lite” DSPs (or n
Slide 8: Next Generation Interconnect Speed Will Require Scaling of Optical PMD
Next Generation Interconnect Speed Will Require Scaling of Optical PMD 1.6TbE 3.2TbE 800GbE 1.6TbE 400GbE 800GbE 200GbE 400GbE 200Gbps 400Gbps Required now Required soon Indicates opportunities for EO polymers Deploying Ethernet or Infiniband or proprietary protocols at speeds of 200Gbps/lane and be
Slide 9: 4 Options to Scale Optical PMD
4 Options to Scale Optical PMD • It took ~7 years for PAM4 mass adoption. It will need to be used until 3.2T • SDM and WDM have ”run way” >3.2T but industry is going to have to learn – and scale - miniature fiber handling and “attach” techniques…fast and cost effectively • The likelihood that cohere
Slide 10: Polymer Performance To Address PMD Challenge
Polymer Performance To Address PMD Challenge
Slide 11: Internal Performance Results
Internal Performance Results 100 Gbaud, 200 Gbit/s, Vdrive < 1 V Drive Voltage ~1V Up to 100GBaud PAM4 (200Gbps) Open eyes… Ideal for low voltage 800Gbps 4 lane and 8 lane 1.6Tbps pluggable transceivers Source: LWLG 11
Slide 12: 3rd party use of Perkinamine LWLG polymers
3rd party use of Perkinamine® LWLG polymers • World class performance EO polymers used for 400G lanes • Next generation node for datacenters • Potential to enable 4 lane pluggable transceiver at 1.6Tbps & 8 lane at 3.2Tbps Sources: ETH Zurich, Kulmer et al, OFC 2024 (W4H.5), LWLG Perkinamine chromop
Slide 13: Positioning for 400Gbps per lane
Positioning for 400Gbps per lane Plasmonic MZ with LWLG EOP Plasmonic RR with LWLG EOP Polariton packaged products with Lightwave Logic EO polymer engine… Sources: Polariton, LWLG & ETH Zurich 13
Slide 14: Chromophore production
Chromophore production
Slide 15: Perkinamine Electro-Optic polymers
Perkinamine® Electro-Optic polymers Our polymers are world-class and proven by third parties Electro-optic polymers can be used to fabricate optical modulators We create organic chromophores… dipolar molecule • Designed, simulated and (positive at one end, modeled in Denver, Colorado negative at the
Slide 16: LWLG EO polymer materials have significantly improved
LWLG EO polymer materials have significantly improved… Box plot of Perkinamine® pre-2018 2018 2019 2020 2021 2022 2023 2024 260 Td Red line at Td = 225°C 220 (Td: D ecomposition temperature) arbitrary units 180 Blue line at composite Tg = 170°C Tg (Tg: Glas s transi tion temperature) 140 100 60 r33
Slide 17: Lot Uniformity
Lot Uniformity Purity (%) by lot 110 100 90 Purity (%) 80 AVG 99.54 70 60 50 Lot Number Glass Transition Temperature (Tg, °C) by lot 200 190 180 170 160 AVG 186.76 Tg (°C) 150 140 130 120 110 100 Lot Number Source: LWLG 17
Slide 18: LWLG Electro-Optic Polymers: Ready for Commercialization
LWLG Electro-Optic Polymers: Ready for Commercialization World-class chemical Industry-standard synthesis lab purification techniques State-of-the-art equipment for State-of-the-art equipment for process-scale synthesis of production of highly pure chromophores materials Source: LWLG 18
Slide 19: Reliability
Reliability
Slide 20: Material Parameters and Comparison
Material Parameters and Comparison Material comparison: Material comparison: TFLN vs LWLG Polymers LWLG Polymers vs Competition/Legacy Polymers Performance r33 Thin-Film LiNbO3 LWLG Electro-Optic (TFLN) Polymers Absorbance Tg r33 (1310 nm) ~31 pm/V r33 (1310 nm) > 200 pm/V Fabrication and processing
Slide 21: Temporal Stability – Design for Reliability
Temporal Stability – Design for Reliability Temporal Stability = Orientational Lifetime as function of Tg for 65°C and 85°C operating temperature Stability of Poled State 100.00 85°C Top • Lifetime = 10% loss of poled state Top = operational temperature 175°C Tg 100-year • Increasing Tg of material
Slide 22: Modulator Thermal Stability
Modulator Thermal Stability (TS) ▪ The Vπ on 20 modulators is stable over 6000hrs. ▪ The average shift over ~ 6000hours is 1.2% and it is within the margin of error of the test setup. Modulator Vπ stable after 6000 hrs Source: LWLG 22
Slide 23: Photostability vs Voltage and Insertion Loss
Photostability vs Voltage and Insertion Loss Photo-Induced Change in Vπ Photo-Induced Change in IL Average % shift for 8 packaged Average IL shift for 8 packaged modulators Long and short- modulators. Optical Intensity = 0.5MW/cm2 Optical Intensity = 0.5MW/cm 2 term photostability No obvious degrada
Slide 24: Silicon foundry compatible…
Silicon foundry compatible…
Slide 25: DFM & Ability To Scale Will Be Important For Any New Modulator Technology
”DFM” & Ability To Scale Will Be Important For Any New Modulator Technology Large incumbent fabs Need to Adapt if TFLN is Going To Scale 25 Source: LightCounting “SP, LDP & CPO” May 2024
Slide 26: Polymers are ideal for silicon foundries
Polymers are ideal for silicon foundries… High/Logical/simple Silicon Silicon Photonics (SiP) Photonics (SiP) Silicon Foundry depletion mode Ring Resonator Compatibility Electro-optic polymers Indium Phosphide (InP) Barium Figure of Merit Lithium Titanate Thin Film (low V, high Niobate (BTO) Lithium
Slide 27: Leveraging silicon eco-system
Leveraging silicon eco-system • Polymers can easily fit into silicon foundries compared to Commercial Foundry legacy and new exotic materials 200 mm Wafer • Polymers extend silicon photonics performance • Polymers meet the performance for datacenter applications Source: LWLG 27
Slide 28: Modulators Produced at A Commercial Fab
Modulators Produced at A Commercial Fab • Partnering with AMF A High Mix specialty commercial foundry for integrated optics manufacturing to produce polymer slot modulators on 200mm silicon wafers AMF Transceiver Reference Design Comprehensive PDK Source: AMF; https://www.advmf.com 28
Slide 29: Integration of polymers with silicon…
Integration of polymers with silicon…
Slide 30: Polymer Slot Modulator
Polymer Slot Modulator Our polymers are easily fabricated in silicon fabs → ideal for heterogenous integration • Heterogeneous integration of polymer on Silicon Photonics Platform • Low drive voltage and small form factor for low power consumption and high density • Very high bandwidth (70- 100GHz)
Slide 31: Cross-section of fully etched slot waveguide
Cross-section of fully etched slot waveguide Depth ~ 200 nm Bottom = 60 nm Top = 90 nm Box Si Rail Rail ~ 250 nm 100 nm Clean, sharp silicon slots with width <100 nm, sidewall angle > 86 o Source: LWLG 31
Slide 32: Modeling EO polymers and silicon slots
Modeling EO polymers and silicon slots E-field simulation Optical mode simulation Source: LWLG 32
Slide 33: High BW MZ Polymer Slot Modulator
High BW MZ Polymer Slot Modulator EO S21 BW=86 GHz EO Bandwidth=86 GHz EE Bandwidth>110 GHz EO S21 (dB) Enables optical signaling for >200Gbps lanes Frequency (GHz) Source: LWLG 33
Slide 34: Our business model is innovative…
Our business model is innovative…
Slide 35: Implementing a New Technology Platform
Implementing a New Technology Platform Licensing model provides inherent scalability Technology 2 Prong Strategy Goals to Drive Revenue Chromophore & Make polymers ubiquitous Polymer Matrix IP Product (just like OLEDs) Sales Have device/PIC teams use Devices & PIC EO polymers in their Architecture I
Slide 36: Summary
Summary • Our heterogeneous polymer/silicon platform is poised to become ubiquitous (just like OLED polymer material) • We are open to license our material, do technology transfer, and to leverage your position in the market- place… • EO polymers continue to show technical progress with polymer reli
Slide 37: Thank you for listening
Marketing Contact: Atikem Haile-Mariam Atikem.haile@lightwavelogic.com Faster by Design Thank you for listening 369 Inverness Parkway, Suite 350 lightwavelogic.com Englewood, CO 80112