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BluGlass Limited

ASX | BLG
IndustrialsInformation Technologies

in AUD

Feb 13, 2024

BluGlass Limited

asx:BLG

Uploaded a News Release

  • 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

Feb 13, 2024

BluGlass Limited

asx:BLG

Uploaded a Presentation

Jan 31, 2024

BluGlass Limited

asx:BLG

Uploaded a News Release

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

Jan 09, 2024

BluGlass Limited

asx:BLG

Uploaded a News Release

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

Dec 21, 2023

BluGlass Limited

asx:BLG

Uploaded a Corporate Update

  • 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

Dec 15, 2023

BluGlass Limited

asx:BLG

Uploaded a Corporate 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

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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

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