BluGlass Limited (ASX: BLG), a global semiconductor developer pioneering advanced visible lasers for the quantum, defence, and biotech markets, has entered a A$1.3 million strategic collaboration with a Fortune 500 global mass-capacity data storage leader.
This collaboration will leverage BluGlass’ expertise in laser technology to support this Fortune 500 leader’s future photonics research and development.
BluGlass CEO Jim Haden said, “Rapid advances in photonics are accelerating demand for more efficient, lower power, and increasingly compact technologies. We are pleased to collaborate with a global data storage pioneer on photonics research and development.
BluGlass’ solutions are being selected by strategic partners and industry leaders to help solve complex innovation challenges.”
The Company confirms that:
• it does not consider the identity of the customer (beyond the description provided herein) to be information that a reasonable person would expect to have a material effect on the price or value of BluGlass’ securities; and
• this announcement contains all material information relevant to assessing the impact of the contract on
the price or value of BluGlass’ securities and is not misleading by omission.
