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 provider to the global GaN photonics industries, delivering cutting-edge, custom laser diode and LED development across the industrial, defence, display, and scientific markets.
Listed on the ASX, we are an Australian public company established to power the smarter, cleaner, more efficient photonics of tomorrow with our proprietary low temperature, low hydrogen, remote plasma chemical vapour deposition (RPCVD) manufacturing technology.
Backed by an extensive network of supply-chain partners, BluGlass is developing a suite of laser diode products, from small batch custom lasers through to high-volume and off the shelf products.
For more information, please contact:
Stefanie Winwood +61 2 9334 2300 swinwood@bluglass.com
