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BluGlass (ASX:BLG) ships first prototype product for feedback

ASX News, Technology
ASX:BLG      MCAP $67.60M
15 June 2022 13:56 (AEST)

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BluGlass (BLG) has shipped its first fully packaged laser diode prototypes.

BluGlass works to deliver custom laser diodes across the industrial, defence, display, and scientific markets. The Australian company has been developing a suite of laser diode products, from small batch custom lasers through to high-volume and off the shelf products.

The company’s 405 millimetre (mm) and 420nm alpha products have now been dispatched to be tested by its first customer within their new product design and development cycles.

The alpha product is an advanced prototype, but still in its design phase, which is being sent out for customer feedback in real-world applications.

Prior to this, the company completed its own internal preliminary performance and life-time reliability testing. As such, BluGlass said its single mode and multi-mode products are progressing towards achieving commercial performance and reliability.

BluGlass President Jim Haden said this is a key commercialisation milestone for BluGlass.

“While still in the alpha (development) stage, our laser products are demonstrating significantly improved performance, and now are suitable for customers to evaluate during their product and application development process,” Jim Haden said.

“We are working with several customers wanting to trial alpha laser diodes for innovative new applications, including medical devices, sensing, quantum computing, and automotive products.”

“The fact that we have customers anxious to receive our alpha products, ahead of our full product launch is indicative of the significant unmet demand within the 405nm and 420nm wavelengths, and a testament of our improved performance.”

BluGlass was up 11.5 per cent, trading at 2.9 cents at 1:28 pm AEST.

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