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…
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…
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…
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…
