1. EXECUTIVE SUMMARY
luzwavelabs THz & Photonics
ULTRA HIGH BANDWDITH (40 Gbps per channel)
mm-wave 5G RADIO ACCESS

2. 5G will respond to the need of facing the broadband and
large network coverage requirements of the future fully-con-
nected society, where wireless traffic will represent 67% of
total internet traffic, with billions of devices exchanging data
(61TB per second) for all kinds of applications and services,
most of them requiring high bandwidth and low latency.
Carrier frequencies in the low range (below 5 GHz) will be key
for consumer devices. Nevertheless, these are far from provi-
ding the bandwidth, latency and other requirements that
radio access and last mile wireless connectivity will require.
In these cases, 5G channels will need work at higher frequen-
cies (mm-wave, below 80-100 GHz) where these require-
ments can be met.
RADIO ACCESS IN 5G
Problem and opportunity
However, although mm-wave range provide more capabili-
ties, current radiofrequency (RF) techniques are almost at
their maximum capabilities at these frequency ranges,
which are not enough to simultaneously match all the re-
quirements of 5G: bandwidth, complexity, cost, scalability
for phased arrays, scalabity to higher frequencies.
The huge variety of needs of the applications and use cases
of 5G in both consumer (Virtual Reality, Smart Cities, Indus-
try 4.0, IoT…) and network sides (Network as Service, Mul-
ti-RAT operation, Location Based Services, Software Defined
Networks…) also require a physical layer (hardware infras-
tructure) very powerful, flexible and simple to let higher
layers (software based) drive the reconfiguration and opera-
tion of the network. This greatly reduces installation and
mantainance costs and increment the features and added
value provided by the network. Again, current RF techniques
cannot provide such physical layer, as they introduce hard-
ware complexity, high cost, lack of flexibility and reconfigura-
bility.
A disruptive technology, and not
just an evolution of current RF te-
chniques, is needed to accommo-
date 5G and beyond.
Years ago, in wired communications, established technolo-
gies were not able to absorb the demand of bandwidth. Pho-
tonics (optical communications) were the disruption that
enabled the new generations of wired communications.
Right now, something similar is happening in wireless com-
munications. A disruptive technology, and not just an evolu-
tion of current RF techniques, is needed to accommodate 5G
and beyond.

3. pure/
VALUE PROPOSITION
Luz Wavelabs has a proprietary technology of signal generation (pure/) that overcomes the limitations of current RF techni-
ques used by all wireless network manufacturers. Pure/ can provide actual optical fiber bandwidth in wireless communi-
cations. The scenario where pure/ will provide a disruption is acting as radio access hadware development platform (short
term) transceiver module in radio access infrastructures (mid term) and as integrated transceiver chip in consumer electro-
nics (long term):
UP TO 40GBPS BANDWIDTH (SINGLE CHANNEL) versus
1-2Gbps of current technologies. Future multichannel ope-
ration in pure/ can reach hundreds of Gbps or even Tbps
range.
ANY CARRIER FREQUENCY IN THE WHOLE MM-WAVE RANGE CAN
BE SELECTED AND SIMULTANEOUS GENERATION OF DIFFERENT
CHANNELS IS POSSIBLE IN A SINGLE SYSTEM. None of this can
be provided by current techniques.
SEAMLESS INTEGRATION WITH OPTICAL NETWORKS. Inside
pure/, there is a combination of RF, electronics and photo-
nics. Especifically, the modulation formats and several tech-
niques are inherited from optical networks. This bring a key
advance in terms of scale economies, installation and man-
taninance costs and shared technologies across the whole
network (both wired and wireless).
SIMPLE BUT POWERFUL AND FLEXIBLE PHYSICAL LAYER. The
huge bandwidth provided by pure/ is in its simple form (am-
plitude modulation). This reduces the complexity of the recei-
vers and avoid the use of intensive signal processing for the
demodulation, what is the main source of lag in the network.
Moreover, this simplicity in the physical layer moves the
complexity to higher layers based on software, where insta-
llation, reconfiguration and mantainance costs are a fraction
of those in the physical layer.
REMOTE AND MULTIPOINT DISTRIBUTION TO THE ELEMENTS OF
THE INFRASTRUCTURE: only 1 signal generator (instead of N)
can deliver the signal to all elements, using optical fiber ins-
tead of coaxial cable (much less cost, more lightweight, sma-
ller loss rate, EMI immunity, flexibility). This change brings a
key advance in terms of costs saving and global footprint, as
arrays will keep becoming more and more complex with
higher carrier frequencies.
RETURN OF INVESTMENT AND SCALABILITY. Current RF techni-
ques will hardly meet 5g radio access requirements and they
won´t be enough beyond 5G. pure/ can be directly scaled to
higher carrier frequencies (even up to 1000 GHz), higher
bandwidths (100 Gbps per channel and Tbps range in multi-
channel operation). Thus, ROI is ensured for any equipment
manufacturer using pure/ technology, not only for 5G but
beyond.

4. GO TO MARKET
Short, Mid and Long term
Phase I: pure/ in benchtop systems for R&D and
test (2017->)
This allows to introduce the technology in major equipment
manufacturers through a flexible and high performance plat-
form for validating the technology and design the modules
for 5G. Flexibility of pure/ is key as 5G is not yet completely
defined (standards and applications). In this stage, the busi-
ness model is direct selling of equipment and manteinance/-
calibration yearly contracts.
Phase II: pure/ in handheld modules for integra-
tion in infrastructure (2018->)
Transceiver module (integrating all photonics in a chip, so-
mething that the company is working on from 2015) for 5G
mobile infrastructure and last mile fixed networks. In this
stage, the business model can be direct selling (production
of series under 1000 per year) and/or licensing to major
manufacturers with high manufacturing capabilities.
Phase III: pure/ in a hybrid chip for consumer
electronics (2023->)
Integration in a single chip of both photonics and electro-
nics using hybrid technology. Low cost chips for consumer
electronics. Business model will be licensing to major ma-
nufacturers with high manufacturing capabilities.
FINANCIAL SUMMARY
INTERACTIVE FINANCIAL SUMMARY
CLICK HERE

5. pure/ is a complex technology that combines RF, photonics
and high performance mixed electronics. The proof of princi-
ple has been the research topic of some of the main photo-
nics research centers during years(University College
London, UK; NTT, Japan; University Carlos III de Madrid,
Spain…). The PhD dissertation of Rubén Criado (UC3M,
TRL1-TRL3, 2009-2013) was focused in this research topic
and was the seed of the company Luz Wavelabs.
The first objective of Luz Wavelabs (incorporated in 2013)
was to take that technology that needs a whole photonics
lab, a high number of bulky equipment and experienced staff
manually driving all parameters; to a commercial, cost effec-
tive, compact, totally automatic and programmable bench-
top system.
The three first years of Luz Wavelabs (2013-2016) have
been focused in developing all the technologies needed to
bring /pure technology to the market. To our knowledge,
no research group or private company has made all these
developments needed to bring such a principle of operation
to a commercial product. Moreover, /pure technology is a
proprietary technology (PCT protected).
The developments made for /pure are organized in several
fields:
• Photonics. The seed of the system is an optical comb
(Noble Prize in Physiscs 2005). We have optimized it in cost
and size and actually we have achieved world record in
energy efficiency in these components.
• RF. We have developed and manufacture our own RF
components using our clean room facilities and capabilities.
• Electronics. We have developed our own high perfor-
mance electronics. We have achieved 100x better perfor-
mance, 5x less price and 10x less size than the best competi-
tor in the market. We have already made a first production
batch of these electronics of 100 units.
• Automation, algorithms, HW-SW integration. Key part
to achieve the commercial product and inter-operate all the
optoelectronics systems. Key part of pure/, under PCT
patent solicitation right now.
All these developments are part of pure/, currently as an ad-
vanced prototype. The production prototype (demo units for
clients) will be ready in Q3 2017 and it will be launched to the
market in Q4 2017.
Moreover, side products incorporating some of these de-
velopments are already being commercialized for other
markets, allowing shorter-term income, bootstrapping
and potential horizontal growth (Oil&Gas, Aerospace/De-
fense, R&D) without loosing focus in the main market and te-
chnology.
pure/:
A disruptive technology
for 5G radio access
OUR TECHNOLOGICAL ADVANTAGE

6. Our team (full time employees, advisory board and partners) combines
strong technical, R&D and production backgrounds with high expertise
in client oriented product development and business related aspects.
Our team has published more than 50 scientific papers in prestigious
international journals and conferences. Our project has received more
than 10 awards, highligthing “Innovators under 35 2015” (MIT), “Fondo
de Emprendedores 2016” (Repsol), “Innovator of the Year 2016” (Quo
Magazine-SEAT) and “Emprendedor XXI 2016 Madrid” (La Caixa).
Our scientific board (Pablo Acedo, Cristina de Dios) is focused on tech-
nological and research surveillance and R&D networking (clients and
partners/projects).
MANAGEMENT TEAM
Á. Rubén Criado
CEO
BSc, 2 MSc, PhD, BSc (Business), PMP
MIT Innovator under 35. TEDx speaker
Jesús Palací
CTO
BSc, MSc, PhD, BSc (Marketing)
International recognition as THz expert in R&D field
Pablo Acedo
Scientific advisor
BSc, MSc, PhD
Director Electronics Technology Department UC3M
Professor UC3M
Cristina de Dios
Scientific advisor
BSc, MSc, PhD
Associate professor UC3M
Scientific board
AWARDS
Innovator under 35 Spain 2015 – MIT Technology Review
Innovator of the Year Spain 2016 - QUO Magazine, SEAT
Entrepreneur Fund Award 2016 - Repsol
Entrepreneur XXI Madrid 2016 - Caixa
Most disruptive minds Spain 2016 - QUO Magazine
Semifinalist Global Solution Program Singularity University 2016 – Singularity University
Best project award Keiretsu Forum (03/16) – Keiretsu Forum
National Prize to the Best PhD dissertation on Security & Defense 2014 - COIT
6th Ideas Contest Winner 2013 - Universidad Carlos III de Madrid
PhD dissertation Award 2013 - Universidad Carlos III de Madrid
Salón MiEmpresa 2014 (finalist Pitch Contest) - Salón MiEmpresa
Spain South Summit 2014 (finalist High Tech) - South Summit
Gold Star Excellence 2016 - Instituto Excelencia Empresarial
MEDIA
Interview El Mundo (First national newspaper)
Interview and news in Expansión, El Confidencial , Público (National newspapers)
Several interviews in entrepreneurship radio programs and online media
OTHER AWARDS FROM THE TEAM
Excellence Award Alumnus Universidad Carlos III de Madrid 2013 - Universidad Carlos III de Madrid
VI "Ciutat d'Algemesi" scientific award - Algemesi government
Valencia IDEA 2010 scientific award - Valencian government
Transatlantic Partnership for Excellence in Engineering 2013 -European Commission
Celera Team (People accelerator program)
HONORS & AWARDS
Guillermo Herrero
Electronics & Production Manager
BSc, MSc
Celera Team. 9 years experience in electronics
industry and production
Sara Flores
Administrative officer
BSc

7. Corporate executive summary
v. 201701
luzwavelabs, SL
| a Avda. Gregorio Peces Barba, 1. Parque Científico UC3M
28919 Leganés Madrid SPAIN | p +34910052210
| e luzwavelabs@luzwavelabs.com / ruben.criado@luzwavelabs.com
| w luzwavelabs.com