Slow and fast light: basic concepts and recent advancements based on nonlinear wave‐mixing processes

After a review of the basic concepts of slow and fast light, recent advancements based on nonlinear wave‐mixing processes are described. As a nonlinear medium, the authors focus on a liquid crystal light valve showing that it allows obtaining a large control of the group delay, with a maximum fractional delay of 1, and a deceleration of light pulses down to group velocities as small as 0.2 mm/s. A theoretical model accompanies the observations and accounts for them in the general framework of two‐wave mixing in the light valve. At the end, a high‐sensitivity interferometer is presented as an example of slow light applications.