BLUGLASS QUARTER REPORT & APP 4C

Global semiconductor developer BluGlass Limited (ASX: BLG) provides the following update and Appendix 4C Quarterly Report for the three months ended 31 December 2023 (Q2 FY24).

Highlights

  • Signed A$2.6 million contract with North Carolina State University (NCSU) for laser development activity, as part of the Commercial Leap Ahead for Wide Bandgap Semiconductors (CLAWS) Hub
  • Acquired contract manufacturer GaNWorks Foundry and completed vertical integration at BluGlass’ Silicon Valley fab
  • Continued to grow customer engagement, and secured first purchase order of prototype gallium nitride Distributed Feedback (DFB) lasers
  • Received $7.3 million R&D Tax Rebate

The full report is available to download here: BLG Quarter Report and App 4C

BluGlass logo
About BluGlass

Developing leading-edge semiconductor manufacturing technology and devices for more than a decade, BluGlass Limited (ASX:BLG) is a provider to the global GaN photonics industries, delivering cutting-edge, custom laser diode development across the industrial, defence, display, and scientific markets.

Listed on the ASX, we are an Australian public company established to power the smarter, cleaner, more efficient photonics of tomorrow with our proprietary low temperature, low hydrogen, remote plasma chemical vapour deposition (RPCVD) manufacturing technology.

Backed by an extensive network of supply-chain partners, BluGlass is developing a suite of laser diode products, from small batch custom lasers through to high-volume and off the shelf products.