Skip to content
LWLG

Events & catalyst calendar

Forward catalysts, dated milestones, and a daily-rebuild changelog. Auto-populated by the rebuild script; supplemented with hand-curated near-term events from the open questions register.

Forward catalysts

26 upcoming · spans 2026-04-23 → 2030-01-01
DATE TYPE EVENT Q2 Q3 Q4 2027 Q2 Q3 Q4 2028 Q2 Q3 Q4 2029 Q2 Q3 Q4 2030 today · 2026-04-27 2026-04-23 INDUSTRY Marvell acquires Pola… 2026-04-23 — Marvell acquires Polariton (LWLG plasmonics partner): Apr 22, 2026: Marvell Technology (NASDAQ: MRVL) announced definitive agreement to acquire Polariton Technologies, LWLG's named plasmonics co-development partner (joint ECOC 2024 demo 110 GHz / 400 Gbps; partnership expanded Mar 2025 to 400 2026-04-24 MARKET Apr 15 short-interest… 2026-04-24 — Apr 15 short-interest print: 14.67M shares (+1.78M / +13.8%) — shorts INCREASED: Released by Nasdaq Apr 24, 2026 (one day early vs the ~Apr 25/27 expected window). <strong>Apr 15 settlement: 14,671,893 shares short (~11.10% per ChartExchange float calc; ~9.74% of 150.61M shares outstanding) vs Mar 31 print 12,888,793 — 2026-05-01 MARKET Options expiration (w… 2026-05-01 — Options expiration (weekly): With spot $12.67 (Apr 24 close, &minus;16.5% from Apr 22 $15.17 ATH close in two sessions), call OI at $10/$12 strikes still ITM, $13/$15 OI now OTM &mdash; pin risk near $12-13 elevated, gamma-unwind risk meaningful into expiry. Watch the 2026-05-08 EARNINGS Q1 2026 earnings call 2026-05-08 — Q1 2026 earnings call: First quarterly report since the Tower PH18 and GF PDK announcements — and first earnings window to formally address the Marvell-Polariton deal (Apr 22, 2026). Watch for: (1) revenue trajectory (Q4 2025 was $237K, +147% YoY), (2) update on 2026-05-15 MARKET Options expiration (m… 2026-05-15 — Options expiration (monthly): May monthly expiration. Heaviest OI concentration and the first expiry after Q1 earnings (May 8). With spot $15.17, the $15 strike is the key gamma-flip locus; $17.50 is the "Marvell-Polariton re-rate continues" lottery call. Expect IV crus 2026-05-15 TECH Q2 chip results from … 2026-05-15 — Q2 chip results from Jan 2026 tapeout: Chips from the Jan 2026 full-wafer tapeout at the unnamed "state-of-the-art" SiPh foundry for the Tier-1 1.6T transceiver customer are expected Q2 2026. CEO confirmed on Q4/FY25 call. This is the single most important near-term catalyst — f 2026-05-21 MARKET Annual Shareholder Me… 2026-05-21 — Annual Shareholder Meeting (virtual): 2026 Annual Meeting of Stockholders, 10:00 a.m. Mountain Time, virtualshareholdermeeting.com/LWLG2026. Vote items per DEF 14A (filed Apr 10): elect 2 directors to staggered board; ratify Stephano Slack LLC as independent auditor for FY2026. 2026-06-01 TECH H1 2026: CPO PDK for … 2026-06-01 — H1 2026: CPO PDK for Customer #2: Custom Perkinamine variant optimized for higher-temp CPO operation. PDK for SiPh integration targeted H1 2026. Fortune Global 500 partner co-developing 400Gb/s Co-Packaged Optics solution. 2026-06-15 TECH SilTerra device chara… 2026-06-15 — SilTerra device characterization begins: Wafer tapeout completed early 2026 via Luceda IPKISS PDK. Device characterization and performance validation expected mid-2026. Targeting 200G/400G per lane. 2026-06-18 MARKET Options expiration (J… 2026-06-18 — Options expiration (June): June quarterly options expiration. Positioned as the "Q2 chip results" play — if tapeout chips come back positive, this expiry captures it. 2026-08-01 EARNINGS Q2 2026 earnings call… 2026-08-01 — Q2 2026 earnings call (estimated): Will contain the first results from Q2 chip testing. If tapeout chips show positive results, this is where LWLG publicly discloses performance data. Revenue should start showing NRE from Tower/GF PDK work. 2026-09-01 TECH Tower PH18 polymer ch… 2026-09-01 — Tower PH18 polymer chip sampling to customers: Per Tower development agreement (Mar 11, 2026): first polymer-enhanced PH18 chips expected to sample to customers by end of 2026. Tower $920M capex targets Q4 2026 qualification, 2027 full starts. 2026-09-18 MARKET Options expiration (S… 2026-09-18 — Options expiration (September): Quarterly options expiration. Covers the full H2 2026 window including SilTerra characterization and further Tower tapeouts. 2026-09-27 INDUSTRY ECOC 2026 — European … 2026-09-27 — ECOC 2026 — European Conference on Optical Communication: Annual European photonics conference. LWLG/Polariton demos expected. Prior ECOC 2024 showed 110 GHz, 400Gbps joint demo. Potential for 800G per-lane demo. 2026-10-01 TECH Further Tower/GF tape… 2026-10-01 — Further Tower/GF tapeouts (H2 2026): Multiple additional engineering tapeouts planned during 2026 for customer validation. GF optimizing 300mm process for slot waveguide manufacturing. Further GDSFactory PDK tapeouts tentatively scheduled. 2026-10-15 TECH Tower PH18 capacity q… 2026-10-15 — Tower PH18 capacity qualification (Q4 2026): Tower CEO Ellwanger: $920M capex "targets installation and full qualification...completed in Q4 2026, enabling full starts commencing 2027." >70% reserved through 2028. 2026-11-01 EARNINGS Q3 2026 earnings call… 2026-11-01 — Q3 2026 earnings call (estimated): If Q2 chips were successful, Q3 should show accelerating NRE revenue from expanding foundry engagements. Watch for new Stage 3 customers and early sampling feedback. 2026-12-01 TECH End-2026: PH18 polyme… 2026-12-01 — End-2026: PH18 polymer chips sampling to customers: Tower/LWLG agreement targets first polymer-enhanced PH18 chips sampling to customers by year-end 2026. Success here triggers Stage 4 (production) for at least one customer. 2026-12-15 INDUSTRY TSMC COUPE SiPh platf… 2026-12-15 — TSMC COUPE SiPh platform enters production: TSMC targets 2026 for COUPE silicon photonics volume production. Competitive to Tower PH18 but LWLG unlikely to be integrated (TSMC does own materials R&D). Industry validation of SiPh thesis. 2027-01-15 TECH Tower PH18 full produ… 2027-01-15 — Tower PH18 full production starts (2027): Tower $920M capex qualification Q4 2026 enables full wafer starts commencing 2027. >70% of capacity pre-reserved through 2028 with customer prepayments. LWLG polymer modulators in the production PDK. 2027-03-01 TECH Volume production tar… 2027-03-01 — Volume production target — first meaningful revenue: Base/bull case: volume production begins. Bull: $15M rev, "Base": $5M rev, "Bear": $1M. First commercial 1.6T transceiver modules with LWLG polymer modulators ship to hyperscaler customers. 2027-03-15 INDUSTRY OFC 2027 — Optical Fi… 2027-03-15 — OFC 2027 — Optical Fiber Communication Conference: Annual industry showcase. By OFC 2027, expect production-grade demos of polymer-modulator-based 1.6T transceivers. First public benchmarks vs. LiNbO₃/InP alternatives. 2027-06-01 MARKET Potential M&A interes… 2027-06-01 — Potential M&A interest window opens: With production underway and revenue ramping, LWLG enters the "acquirable" window. M&A comps: Celestial AI ($5.5B pre-revenue), Luxtera ($660M at $50M rev, 13.2x). Strategic acquirers: Broadcom, Marvell, Coherent, Tower itself. 2027-09-01 TECH CEO RSU vesting compl… 2027-09-01 — CEO RSU vesting completes (Sep 2027): CEO Yves Le Maitre's 2.44M RSU grant (Sep 2025) vests through Sep 2027 in 4 tranches. Full vesting aligns with volume production milestone — incentive alignment. 2027-12-01 TECH Datacenter 1.6T/3.2T … 2027-12-01 — Datacenter 1.6T/3.2T deployment cycle begins: AI datacenter upgrade cycle to 1.6T and 3.2T optical interconnects. LWLG polymer modulators become critical for power budget at these speeds. TAM expands from $16.5B (2025) toward $26B+ (2026-27). 2028-06-01 TECH CPO at scale — hypers… 2028-06-01 — CPO at scale — hyperscaler adoption: Co-Packaged Optics reaches volume deployment. Custom Perkinamine variants for high-temp CPO operation. Multiple customers in production. Revenue projection: $25-80M (base-bull). 2029-01-01 INDUSTRY Samsung CPO turnkey e… 2029-01-01 — Samsung CPO turnkey enters market: Samsung targets 2029 for turnkey CPO solution. Competitive to Tower/GF but validates the broader SiPh+CPO thesis. By this point LWLG should have 3+ active foundry platforms. 2030-01-01 TECH 2030 vision: $250M re… 2030-01-01 — 2030 vision: $250M rev (base), market leader: TAM: $65B. SAM: $2.5B. SOM base: $250M (10%). LWLG as the dominant EO polymer modulator supplier. Potential M&A premium at 7-13x revenue ($1.75-3.25B). Or public company with $60+ stock price in base case.
earnings market industry conference technical regulatory

Near-term hard catalysts

  1. 2026-04-30
    high
    Russell Rank Day
    LWLG ~$1.91B mcap → solid Russell 2000 inclusion likely
    index
  2. 2026-05-08
    high
    Q1 2026 10-Q
    First Quan-as-CFO quarterly; first commercial PO disclosure if any
    filing
  3. 2026-05-11
    medium
    Apr-30 FINRA short-interest print
    Captures full Apr 22 ATH window
    data
  4. 2026-05-15
    high
    True Q1 2026 13Fs
    Captures Tower-deal flow + Marvell-Polariton flow + ATH-window flow
    filing
  5. 2026-05-21
    high
    AGM virtual meeting
    2 director seats + Stephano Slack ratification + management commentary
    meeting
  6. 2026-06-26
    medium
    Russell reconstitution effective
    Passive-flow window opens
    index
  7. 2026-09
    medium
    ECOC 2026 (Brussels)
    European Conference on Optical Communications — LWLG present
    conference
  8. 2027-03
    high
    OFC 2027 (Los Angeles)
    Highest-density disclosure window of 2027
    conference
  9. 2027-H1
    high
    First Stage-3 → Stage-4 transition target
    Single most catalytic possible disclosure
    milestone

Catalyst impact backtest

11 historical catalysts · day-of / 5d / 30d returns

Average return by catalyst type

customer (3)
day-of: +20.3%
5d: +23.4%
30d: +38.4%
foundry (4)
day-of: +15.1%
5d: +16.2%
30d: +15.0%
reliability (1)
day-of: +8.5%
5d: +3.4%
30d: -3.4%
partner (1)
day-of: +7.0%
5d: +11.6%
30d: +20.0%
industry (1)
day-of: +7.0%
5d: -9.0%
30d: —
capital (1)
day-of: -8.1%
5d: -14.1%
30d: -1.2%

Per-event detail

Date Event Type Pre Day-of 5d 30d Note
2026-04-22 Marvell acquires Polariton (LWLG plasmonics partner) industry $14.18 +7.0% -9.0% — +7% day-of; profit-taking after; ATH $15.25 intraday
2026-03-16 GF GDSFactory PDK (LWLG polymer in PDK) foundry $12.60 +3.6% +2.0% -2.4% +3.6% day-of; muted — already priced in after Tower deal
2026-03-11 Tower PH18 Development Agreement foundry $9.50 +31.1% +37.9% +34.7% +31% intraday (peaked +41%) — biggest single-day move in archive
2026-03-03 SilTerra Luceda PDK announcement foundry $8.95 +9.5% +14.0% +24.0% +9.5% day-of; sustained as second foundry
2026-02-24 Stage-3 customer #4 (Internal SiPh — hyperscaler) customer $6.60 +13.6% +18.9% +35.6% +13.6% day-of; sustained — fourth slot fills the pipeline
2025-12-31 $35M public offering priced capital $4.05 -8.1% -14.1% -1.2% -8% day-of dilution reaction; recovered to pre-deal in 30d
2025-11-25 Stage-3 customer #2 (CPO Materials) customer $6.80 +8.1% +5.9% +2.2% +8% day-of; smaller reaction (already pricing in pipeline build)
2025-11-04 First Stage-3 customer disclosure (#1, Fortune 500) customer $4.20 +39.3% +45.2% +77.4% +39% day-of, momentum continued — biggest single-day move pre-2026
2025-07-15 Telcordia GR-468 85/85 1000h pass reliability $2.95 +8.5% +3.4% -3.4% Reliability gate cleared — initial pop, faded as broader market context
2025-03-10 Polariton expanded MoU (400 Gb/s scaling) partner $2.85 +7.0% +11.6% +20.0% Plasmonic-organic-hybrid scaling — modest spike, held
2024-05-21 AMF Partnership announced foundry $1.85 +16.2% +10.8% +3.8% First foundry partnership — initial spike then fade

Full forward calendar

All dated catalysts in the database. Verify each via primary source before acting.

  • 2026-05-01 Options expiration (weekly)
  • 2026-05-08 Q1 2026 earnings call
  • 2026-05-15 Options expiration (monthly)
  • 2026-05-15 Q2 chip results from Jan 2026 tapeout
  • 2026-05-21 Annual Shareholder Meeting (virtual)
  • 2026-06-01 H1 2026: CPO PDK for Customer #2
  • 2026-06-15 SilTerra device characterization begins
  • 2026-06-18 Options expiration (June)
  • 2026-08-01 Q2 2026 earnings call (estimated)
  • 2026-09-01 Tower PH18 polymer chip sampling to customers
  • 2026-09-18 Options expiration (September)
  • 2026-09-27 ECOC 2026 — European Conference on Optical Communication
  • 2026-10-01 Further Tower/GF tapeouts (H2 2026)
  • 2026-10-15 Tower PH18 capacity qualification (Q4 2026)
  • 2026-11-01 Q3 2026 earnings call (estimated)
  • 2026-12-01 End-2026: PH18 polymer chips sampling to customers
  • 2026-12-15 TSMC COUPE SiPh platform enters production
  • 2027-01-15 Tower PH18 full production starts (2027)
  • 2027-03-01 Volume production target — first meaningful revenue
  • 2027-03-15 OFC 2027 — Optical Fiber Communication Conference
  • 2027-06-01 Potential M&A interest window opens
  • 2027-09-01 CEO RSU vesting completes (Sep 2027)
  • 2027-12-01 Datacenter 1.6T/3.2T deployment cycle begins
  • 2028-06-01 CPO at scale — hyperscaler adoption
  • 2029-01-01 Samsung CPO turnkey enters market
  • 2030-01-01 2030 vision: $250M rev (base), market leader

Daily changelog

RSS feed →

Auto-generated from primary-source diffs each rebuild. Tagged by area.

  1. 2026-04-27
    launch site
    Site launch — full KB rendering, native interactive ecosystem map, supply-chain flow, customer pipeline, market-data charts, forward-events Gantt. 685 EDGAR filings locally archived.
  2. 2026-04-27
    filings governance
    DEF 14A 2026 primary-source extraction: director comp table, severance tables, 2025 Equity Plan (6M reserved / 3.99M available). Comp Committee held 22 meetings in 2025.
  3. 2026-04-27
    market catalyst
    Russell Rank Day countdown live: 3 days to Apr 30. ~$1.91B mcap places LWLG well inside the Russell 2000 inclusion threshold.
  4. 2026-04-27
    corrections thesis
    Patent-stack primary-source validation propagated: 22 distinct inventions / 35 US grants (USPTO + Google Patents + Espacenet, Apr 2026); aggregator counts (78/47/142/184) reflect jurisdictional counterparts of the same inventions; continuation chains 2038–2042. Two prior misattributions flagged (US-2024-0356517 → Murata; US-12187945 → Polaris). Lebby Jun 2024 $500K open-market buy reinstated.