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
