BluGlass Exec Chair, Omer Granit highlights a major extension of a key US Department of War (DoW) contract, positioning BluGlass (ASX:BLG) as a crucial player in the next generation of laser technology. Granit underscores the importance of gallium nitride (GaN) as a transformative material for advanced lasers, with BluGlass being the only ASX-listed member in a high-profile consortium that includes industry giants Coherent and General Electric. Recognition of the company’s elite advisory board and strong management is seen as pivotal in advancing its participation in US-based initiatives.
Key points:
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BluGlass (ASX:BLG) secures key contract extension focused on next-generation GaN lasers
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Company expanding US presence, seeking government contracts and strategic partnerships
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GaN laser technology offers exposure to high-growth sectors like AI and quantum computing
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Energy in the laser industry reflected in strong performance of stocks like Coherent (NYSE: COHR) and Lumentum (NASDAQ: LITE)
The interview is available to steam from the AusBiz website here:
https://ausbiz.com.au/media/bluglass-puts-a-laser-focus-on-the-us-?videoId=46188§ionId=1913