Global semiconductor developer BluGlass Limited (ASX: BLG) provides the following update and Appendix 4C Quarterly Report for the three months ended 31 December 2022 (Q2 FY23).
Highlights:
- Launched first suite of gallium nitride laser products at leading industry conference, SPIE Photonics West
- Demonstrated feasible reliability of GaN lasers with more than 500 hours’ continuous operation
- Stable optical and electrical performance at 20-25°C with less than 20% degradation
- Vertical integration progressing with successful transition of p-side processing from CMs to Fremont fab
- Signed collaboration agreement with Ganvix to develop green GaN Vertical Cavity Surface Emitting Lasers (VCSELs)
- Raised $1.91 million from the exercise of listed options
The report and Appendix 4C is available to download here:
