Global semiconductor developer BluGlass Limited (ASX: BLG) provides the following update and Appendix 4C Quarterly Report for the three months ended 31 March 2024 (Q3 FY24).
Highlights
- Signed MoU with Applied Energetics to develop advanced systems for next generation national security and commercial applications
- Released new gallium nitride DFB performance data as part of development progress with the US Department of Defense‘s Microelectronics Commons
- Raised $10.17 million in well supported Placement and SPP (SPP funds received subsequent to end of quarter) to speed and scale visible laser delivery to fulfil new and existing contracts
- Hosted expert roundtable session on the growing role of lasers in defence and national security sectors
The full report and Appendix 4C is available to download here: BLG March 2024 Quarter Report and App 4C
About BluGlass
Developing leading-edge semiconductor manufacturing technology and devices for more than a decade, BluGlass Limited (ASX:BLG) is a leading supplier of GaN laser diode products to the global photonics industry, focused on the industrial, defence, bio-medical, and scientific markets.
Listed on the ASX, BluGlass is one of just a handful of end-to-end GaN laser manufacturers globally. Its operations in Australia and the USA offer cutting-edge, custom laser diode development and manufacturing, from small-batch custom lasers to medium and high-volume off-the-shelf products.
The Company combines its proprietary low temperature, low hydrogen, remote plasma chemical vapour deposition (RPCVD) manufacturing process with advanced device design and fabrication to deliver differentiated laser solutions. With end-to-end capabilities spanning epitaxy, device design, fabrication, and testing, BluGlass is well-positioned to support critical next-generation photonics applications and sovereign supply chains.
For more information, please contact:
Stefanie Winwood
+61293342300 |swinwood@bluglass.com
James Lennon, Automic Markets
+61414035704 |james.lennon@automicgroup.com.au
Samuel Samhan, BluGlass CFO
ssamhan@bluglass.com
