- Semiconductor developer, BluGlass (ASX:BLG) secures the first orders for its single-mode gallium nitride (GaN) lasers
- The company received two orders for its 420-nanometre and 250-megawatt devices from laser original equipment manufacturers in the quantum and industrial segments
- While revenues from these initial low-volume orders are “immaterial”, BLG says it expects to receive recurring, larger volume orders once the lasers are qualified
- BLG says additional customer proposals are progressing, with several customers across multiple market segment
- Company shares were trading at 5.4 cents at pre-market open
Semiconductor developer, BluGlass (ASX:BLG) has secured the first orders for its single-mode gallium nitride (GaN) lasers.
The company received two orders for its 420-nanometre and 250-megawatt devices from laser original equipment manufacturers in the quantum and industrial segments.
These initial products will help to qualify BluGlass’ lasers, with the customers utilising the devices in quantum and robotic applications.
Today’s news follows the company’s launch of the lasers at Photonics West, which BluGlass President Jim Haden said were “incredibly well received.” The company was “encouraged” to receive its first orders so soon after the event.
While revenues from these initial low-volume orders are “immaterial”, the company expects to secure recurring, larger volume orders once the lasers are qualified.
“These orders are an important step towards commercial revenues and demonstrate demand for our lasers from key industry players in underserved wavelengths, flexible form factors, and semi-custom designs,” Mr Haden said.
Moving forward, BLG said additional customer proposals were progressing with several customers across multiple market segments.
Company shares were trading at 5.4 cents at pre-market open.