Lightwave Logic CEO Michael Lebby said, "While we
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https://lightwavelogic.com/Lightwave-Logic-Ta...ter-Market
Ok, so with the successful R/T results presented at ECOC on a 100Gbs device with PkM Gen 2 materials, and with the IPSR Photonics Industry Roadmap clearly showing LWLG's technology as a Key Enabling technology, what can investors expect in Revenues in 2020 and beyond?
Ok, so 10Km market at $1 Billion, and Discrete devices still the Lion's share in 2020, let's conservatively say 60%/40%, so $600 million is the total available market for LWLG Discrete 100Gbs devices, so even if LWLG only captured 10% of that market it would mean 2020 Revenues of $60 million and with a 60% to 70% margin, LWLG would be making a Gross Profit of $36 to $42 million
This would end the need for any further financing as it would cover the current $6 million operating budget as well as budget increases for the PIC development costs
Dr Lebby has told investors LWLG has been internally maintaining/updating Revenue forecasts for at least 6 months now, and investors know that LWLG has PROVEN its ability to produce very significant levels of "Chips per Quarter" comparable to other Component providers in the Industry currently, and would only need to outsource if Massive orders form the likes of Intel roll in!