InvestSMART

Bluglass Limited (ASX:BLG)

ALERT: Price-sensitive ASX Announcement for BLG
Current share price for BLG : $0.360 0.12 (50%)+
Announcement
Release
12 Jan 2026 8:46AM
Price at Release
$0.240
Full Release
download
Summary
BluGlass Limited, through its U.S. subsidiary, has secured a contract extension worth A$1.05 million (US$680,000) with North Carolina State University under the U.S. Department of War’s Microelectronics Commons Program. This extension, part of the CLAWS Hub initiative, marks the third year of the project's development, emphasizing the company's work on advanced GaN lasers for defence, quantum, and dual-use technologies. The extension comes after meeting all Year 2 performance milestones, contributing to a total contract amount of A$6.5 million (US$4.4 million) over the project's first three years. BluGlass continues to demonstrate significant improvements in power conversion efficiency and DFB laser capabilities, reinforcing its role in advancing critical microelectronics technologies.
Key Points
  • BluGlass and North Carolina State University extended their contract for a third year under the U.S. DoW’s Microelectronics Commons Program.
  • The contract extension is valued at A$1.05 million, bringing the total contract value to A$6.5 million over three years.
  • BluGlass focuses on developing GaN lasers for defence, quantum, and dual-use applications.
  • The CLAWS Hub is part of a broader initiative by the U.S. Department of War to develop next-generation microelectronics.
  • BluGlass achieved significant improvements in power conversion efficiency and DFB laser capabilities.
  • The contract supports BluGlass' role in advancing critical quantum and defence technologies.
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.