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BluGlass Secures $2.3M Placement, Launches $6M SPP to Accelerate Quantum and Defense Growth

3:36am on Monday 2nd of June, 2025 AEST Technology
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BluGlass Secures $2.3M Placement, Launches $6M SPP to Accelerate Quantum and Defense Growth

3:36am on Monday 2nd of June, 2025 AEST
Key Points
  • Completed $2.3 million placement at $0.013 per share with institutional and board participation
  • Launched up to $6 million Share Purchase Plan offering discounted shares to existing shareholders
  • Funds to scale production, acquire fabrication equipment, and support working capital
  • Strong project pipeline valued at US$90-100 million across quantum, defense, and consumer electronics
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