Lightwave says Fortune 500 company progresses to Stage 3 of Design Win Cycle

Lightwave Logic (LWLG) announced that a Fortune Global 500 Company has progressed to Stage 3 of the Company’s previously outlined Design Win Cycle. After a rigorous evaluation of Lightwave Logic’s Perkinamine platform, this prospective customer has moved beyond the initial Product Design phase to a formal engineering program. Key 2026 milestones now include the building, processing, and testing of Silicon Photonics PICs augmented with electro-optic polymers to achieve a final product targeted for deployment within a hyperscale data center or AI factory. Later phases of Stage 3 will include validating high manufacturing process yields and establishing volume production manufacturing capacity and costs aligned with mutual expectations. In addition, with this strategic partnership, the Company is expanding its semiconductor foundry relationship to add another unnamed silicon photonics foundry with capability to produce chips compatible with Lightwave Logic’s Perkinamine platform. This engagement is incremental to the Company’s existing collaboration with Advanced Micro Foundry and will be critical to preparing the eventual scaling of volume production.