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
