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Bluglass Limited (ASX:BLG)

ALERT: Price-sensitive ASX Announcement for BLG
Current share price for BLG : $0.315 -0.02 (-5.97%)+
Release
16 Jul 2026 9:00AM
Price at Release
$0.335
Full Release
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Summary
BluGlass Limited has secured a A$1.4 million contract for Phase II of its Joint Development Agreement with Uviquity. This phase will focus on advanced photonics development, including wafer and chip processing and packaging, building on the successful completion of Phase I. Uviquity, a US photonics company, is working on developing deep-UV light sources on an aluminum nitride PIC platform. The contract payments will be made in instalments starting the third quarter of 2026. BluGlass will provide visible GaN lasers and related components, with potential for a long-term supply agreement as Uviquity commercializes its photonic integrated circuit and packaging roadmap.
Key Points
  • BluGlass secures A$1.4 million Phase II contract from Uviquity.
  • Phase II agreement focuses on advanced photonics development, wafer and chip processing, and advanced packaging.
  • The agreement builds on the successful Phase I of the Joint Development Agreement.
  • Uviquity is developing deep-UV light sources on an aluminum nitride PIC platform.
  • The contract will be paid in instalments beginning the third quarter of 2026.
  • BluGlass to provide GaN lasers and related components to Uviquity.
  • Potential for a long-term manufacturing supply agreement for GaN lasers.
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.