Skip to content

BluGlass Limited

ASX | BLG
12 Feb 2024

BluGlass Limited Uploaded a News Release
February 12, 2024

BluGlass Secures AUD 4.3M to Fund Growth; Launches SPP Offer

  • BluGlass has raised AUD 4.3M via a Placement to institutional and sophisticated investors
  • SPP Offer to raise up to AUD 9M; allows existing shareholders to participate on the same terms
  • Funds will be used to scale product delivery to fulfill new and existing contracts, additional fab equipment, and working capital
12 Feb 2024

BluGlass Limited Uploaded a Presentation
February 12, 2024

BluGlass Releases its Latest Investor Presentation

31 Jan 2024

BluGlass Limited Uploaded a News Release
January 31, 2024

December 2023 Quarter Activities Update

Highlights:

  • Signed A$2.6 million contract with North Carolina State University (NCSU) for laser development activity, as part of the Commercial Leap Ahead for Wide Bandgap Semiconductors (CLAWS) Hub
  • Acquired contract manufacturer GaNWorks Foundry and completed vertical integration at BluGlass’ Silicon Valley fab
  • Continued to grow customer engagement, and secured first purchase order of prototype gallium nitride Distributed Feedback (DFB) lasers
  • Received $7.3 million R&D Tax Rebate
9 Jan 2024

BluGlass Limited Uploaded a News Release
January 9, 2024

BluGlass secures first order of alpha GaN DFB lasers

Highlights:

  • BluGlass has received its first purchase order of alpha prototypes of its blue GaN Distributed Feedback (DFB) lasers
  • Customer will use the 450nm DFB prototypes for testing in the development of next-generation defence, aviation, and scientific applications
21 Dec 2023

BluGlass Limited Uploaded a Corporate Update
December 21, 2023

CEO Interview: ME Commons Contract and GaNWorks Acquisition

  • CEO Jim Haden, speaks to Finance News Network about the company’s $2.6M defense contract win and the recent strategic acquisition of GaNWorks Foundry.
  • The video is available to stream here: www.bluglass.com/investor-webcast
14 Dec 2023

BluGlass Limited Uploaded a Corporate Update
December 14, 2023

Stonegate Publish Research Update

US-based Stonegate Capital Partners has published a research update on BluGlass.

The report provides a description of:

  • the GanWorks Foundry acquisition
  • BluGlass’ contract with NCSU for laser development in the CLAWS Hub as part of the US Department of Defense Microelectronics Common
  • a Stonegate Capital Partners company valuation of A$ 0.15 – A$ 0.19 per share

13 Dec 2023

BluGlass Limited Uploaded a Corporate Update
December 13, 2023

Automic Invest 2023 – Video Presentation

BluGlass Chair, James Walker presented at the Automic Invest 2023 Conference in Sydney; providing an update on the GaN laser market, BluGlass’ competitive position, and the Company’s AU$2.6M CLAWS Contract as part of the US Department of Defense’s Microelectronics Commons.

The recording is now available to stream here.

7 Dec 2023

BluGlass Limited Uploaded a News Release
December 7, 2023

BluGlass acquires GaNWorks Foundry

Highlights:

  • BluGlass has acquired contract manufacturer GaNWorks Foundry, Inc. to complete vertical integration of its Silicon Valley fab
  • Under the agreement, BluGlass has acquired core GaN wafer processing capabilities from GaNWorks Foundry, Inc. to be installed at BluGlass
    • In-sourcing these final steps of the manufacturing supply chain scales BluGlass’ commercial operations, fast-tracks development timelines, and increases production capability
    • Further reduces manufacturing complexity and wafer production costs
  • The US$800,000 acquisition comprises US$120,000 cash and US$680,000 in new BluGlass shares
    • The cash component is being funded by the receipt of the Company’s $7.3M R&D rebate
4 Dec 2023

BluGlass Limited Uploaded a News Release
December 4, 2023

BluGlass enters contract with Microelectronics Commons CLAWS Hub lead NCSU

Highlights:

  • BluGlass has signed a US$1.775M (AU$2.6M) contract with North Carolina State University (NCSU) for laser development activity in FY24
    • The contract is part of the US$39.4M Commercial Leap Ahead for Wide Bandgap Semiconductors (CLAWS) Hub, led by NCSU
    • It is in support of an award for year one under the US Department of Defense’s US$2B Microelectronics Commons program which has been appropriated for a total of five years.
  • As a member of the CLAWS Hub, BluGlass is an approved commercial manufacturing supplier of photonic gallium nitride (GaN) lasers
27 Nov 2023

BluGlass Limited Uploaded a News Release
November 27, 2023

BluGlass to present at Automic Invest 2023 Conference

Highlights:

  • BluGlass chair James Walker will present at the Automic Invest 2023 Conference
    • The Mint, Sydney and online, Tuesday 5 December at 1.30pm
    • The in-person and virtual event is free to attend by registering here

Industries

  • Semiconductor manufacturing technology and devices
  • Semiconductor Materials and Equipment

Developing leading-edge semiconductor manufacturing technology and devices for more than a decade, BluGlass Limited (ASX:BLG) is a global provider to the GaN photonics industries, delivering cutting-edge GaN lasers to the industrial, defence, quantum, 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 offers a suite of laser diode products, from small batch custom lasers through to high-volume and off the shelf products

Show More + Show Less -

Contact

About Us | Please read our Privacy Policy, Cookie Policy, Disclaimer and Terms and Conditions. By accessing or using the Service you agree to be bound by these Terms. © 2024 Arrowhed Business and Investment Decisions, LLC.