BluGlass teams up with Applied Energetics 

ASX-listed compound semiconductor developer BluGlass has signed a Memorandum of Understanding (MOU) with US defence and dual-use photonics company, Applied Energetics, with the two companies to work together on military and commercial applications.  In a statement on Friday, BluGlass said the work would leverage its high-performance gallium nitride (GaN) distributed feedback (DFB) lasers “in Applied…

BluGlass raises $4.3 million through placement, aims to raise another $9 million through SPP

ASX-listed compound semiconductor company BluGlass has received $4.3 million in commitments from institutional and sophisticated investors in what it describes as “a strongly supported share placement” at an issue price of $0.037 per share. According to an announcement from BluGlass on Monday, it is also undertaking a share purchase plan offer to enable eligible shareholders…

BluGlass completes GaNWorks acquisition

ASX-listed compound semiconductor developer BluGlass has announced the completed acquisition of Silicon Valley-based contract manufacturer GaNWorks Foundry and successful installation and validation of gallium nitride (GaN) wafer processing equipment onsite. BluGlass announced the acquisition of its former manufacturing partner in December last year for $US 800,000, made up of $US 120,000 cash and $US 680,000…

BluGlass joins US regional innovation hub for wide-bandgap semiconductors

ASX-listed compound semiconductor company BluGlass has been named a member of the Commercial Leap Ahead for Wide-bandgap Semiconductors (CLAWS) Hub, an initiative funded through the US government’s CHIPS and Science Act. CLAWS is one of eight Microelectronics Commons regional innovation hubs announced by the US Department of Defense, which was awarded $US 238 million (about…

Manufacturing news briefs — stories you might have missed

BluGlass appoints new full-time CFO ASX-listed semiconductor company BluGlass has announced the appointment of Samuel Samhan (pictured) as Chief Financial Officer on a full-time basis, effective immediately. BluGlass said in a statement on Monday that Samhan is a highly credentialled senior executive with over 20 years of financial leadership and commercial  operations experience, including as…

BluGlass to showcase upgraded GaN laser products at Munich industry event

ASX-listed semiconductor business BluGlass will unveil its upgraded gallium nitride (GaN) laser products at the Laser World of Photonics industry event in Munich, Germany this week. According to a statement from BluGlass on Monday (Australian time), the new version of their blue 450-nanometre wavelength single-mode and multi-mode devices demonstrate power conversion efficiencies up 55 per…