Lightwave Logic, Inc. ( LWLG ) shares are trading higher Thursday after the company announced a development agreement with Tower Semiconductor Ltd. ( TSEM ) to enable leading high-speed optical modulators on Tower’s PH18 silicon photonics platform based on Lightwave Logic’s EO polymer modulator technology.

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Lightwave Logic ( LWLG ), Tower Semiconductor Announce Development Agreement

Under the agreement, the companies will collaborate to integrate Lightwave’s compact and power-efficient modulator reference designs targeting bandwidths of 110GHz and beyond into Tower's PH18 silicon photonics process design kit.

The development program will include multiple engineering tapeouts during 2026 to validate performance targets for low-power 200G and 400G modulator architectures. The companies said the technology is designed to support AI scale-up and scale-out architectures, as well as other high-performance computing, networking and advanced photonic applications where bandwidth density and energy efficiency are critical.

Tower said incorporating Lightwave’s modulator technology into its PDK will allow customers to implement compact, high-speed modulators on a scalable foundry platform.

Lightwave said the collaboration will allow its electro-optic polymer modulator technology to become more accessible to customers developing photonic integrated circuits.

The companies also plan to offer customers the opportunity to participate in engineering tapeouts during 2026 to validate modulator-based designs on the PH18 platform.

Lighwave Shares Charge Higher

LWLG Price Action: At the time of writing, Lightwave shares are trading 43.82% higher at $7.22, according to data from Benzinga Pro.

This illustration was generated using artificial intelligence via Midjourney.