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Bluglass Limited (ASX:BLG)

ALERT: Price-sensitive ASX Announcement for BLG
Current share price for BLG : $0.330 0.318 (2,650%)+
Announcement
Release
30 Oct 2025 9:18AM
Price at Release
$0.012
Full Release
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Summary
BluGlass Limited, an Australian company listed on the ASX, has provided their Quarterly Activities Report for the quarter ending 30 September 2025. The company received significant orders from major players like Collins Aerospace and Infleqtion Inc, emphasizing the importance of their visible laser technology in advanced applications. The appointment of Omer Granit to the Board aims to enhance global market engagement, particularly in the United States. The company also hosted the Semiconductor Australia 2025 event. Financially, BluGlass reported a revenue of $1.75 million for Q1 FY26, with a $6 million tax rebate for R&D activities. The company remains focused on converting its strong project pipeline, which exceeds US$100 million, into substantial revenue-generating contracts.
Key Points
  • Received orders from Collins Aerospace and Infleqtion Inc for visible laser technology.
  • Omer Granit appointed to the Board to enhance global engagement.
  • Hosted Semiconductor Australia 2025 event.
  • Received $6 million tax rebate for R&D activities in FY25.
  • Revenue in Q1 FY26 was $1.75 million.
  • Project pipeline exceeds US$100 million across 30 projects.
  • Focus on converting project pipeline into revenue-generating contracts.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.