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The latest announcement is out from Bluglass Limited ( (AU:BLG) ).
BluGlass Limited has secured a A$120,000 order from the University of Central Florida’s College of Optics and Photonics for its specialized GaN laser diode bar products. This order, from a repeat customer, follows successful performance demonstrations of BluGlass’ laser bars, which offer superior coherence and phase locking in high-power blue laser arrays. The advanced capabilities of these GaN laser systems are poised to enhance next-generation technologies in various fields, including defence and communications. This repeat order underscores the performance and potential of BluGlass’ technology in solving critical challenges and pioneering future applications.
More about Bluglass Limited
BluGlass Limited (ASX:BLG) is a leading supplier of GaN laser diode products to the global photonics industry, with a focus on the industrial, defence, bio-medical, and scientific markets. The company operates in Australia and the US, providing custom laser diode development and manufacturing services. BluGlass is recognized for its proprietary low temperature, low hydrogen, remote plasma chemical vapour deposition (RPCVD) technology, which allows for the creation of advanced laser systems.
YTD Price Performance: -6.67%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $25.71M
Learn more about BLG stock on TipRanks’ Stock Analysis page.
