- BluGlass and Bridgelux have signed a joint development agreement to develop cascade LED lights for the growing lighting market
- The program will integrate BluGlass and Bridgelux’s unique technologies
- The terms of the agreement will be for BluGlass and its development work
Australian semiconductor technology developer BluGlass has entered a joint development agreement with leading U.S. based company Bridgelux.
This agreement is to develop cascade LEDs by using BluGlass’ remote plasma chemical vapour deposition (RPCVD). This will establish a path for mainstream applications in the general lighting market.
RPCVD’s low temperature and ammonia free process offers unique performance advantages for electronics manufacturers in producing a higher performing and lower cost device.
The two companies will work together to develop competitive applications for the general growing light market.
For over 15 years Bridgelux has designed and produced LED lighting solutions that are high performing, energy efficient, cost effective and easy to use.
Its focus on technology development has paved that way for innovations in LED design and manufacturing processes that enable its products to deliver the right quality of light to accelerate mass adoption of LED lighting.
“Bridgelux is a leader in solid state lighting innovation and is always working on developing new technologies for the LED lighting industry,” Bridgelux CEO Tim Lester said.
“We look forward to exploring the potential of RPCVD with BlueGlass.”
It is hoped that the joint development program will successfully integrate BlueGlass and Bridgelux’s unique technologies in high performing commercial LED applications.
The terms of the agreement are non-exclusive and will provide revenues for BluGlass for its development work.
BluGlass shares are up 23.8 per cent this morning to trade for 13 cents a piece at 12:54 pm AEST. Its market cap is $43.93 million.