BLUGLASS RECEIVES CUSTOM LASER ORDER FROM REPEAT CUSTOMER

Highlights

  • Customer is a leading USA-based research laboratory who will use BluGlass’ lasers for testing in high-power scientific applications
  • BluGlass gallium nitride (GaN) lasers to be provided in custom bars, validating the Company’s customisation and flexible form factor strategy

Global semiconductor developer BluGlass Limited (ASX: BLG) has received a custom gallium nitride (GaN) laser project order from a repeat customer. The order encompasses BluGlass’ multi-mode GaN lasers in custom laser bars – where multiple emitters are arrayed to address high-power applications. These bars will also feature custom lenses, attracting a higher average selling price (ASP).

The customer is a leading USA-based research laboratory, who will use BluGlass’ lasers within high-powered scientific applications.

BluGlass CEO Jim Haden said, “This custom order further validates our unique go-to-market approach, and market differentiation. Our flexible form factors and custom manufacturing capability are helping our customers solve complex challenges and enable novel applications in large and growing industry verticals. Our packaging and manufacturing flexibility is also enabling us to establish ourselves as a partner-of-choice, providing a platform for our lasers to be designed into new applications as well as growing our early product revenues. We are very encouraged to receive this order from an existing laser project customer, as we develop our track-record and progress to larger volume and recurring orders.”

While strategically significant that an established customer is placing a repeat order, validating the Company’s belief in the value of its products and approach to market, this order is not financially material

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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 and LED 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.

For more information, please contact:

Stefanie Winwood +61 2 9334 2300 swinwood@bluglass.com