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BluGlass Secures $7.6M to Boost GaN Laser Production and Contract Wins
9:20am on Tuesday 24th of June, 2025 AEST
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Technology
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BluGlass Secures $7.6M to Boost GaN Laser Production and Contract Wins
9:20am on Tuesday 24th of June, 2025 AEST
Key Points
Raised $5.3 million via Share Purchase Plan following $2.3 million placement
Funds to accelerate visible GaN laser production and fulfill contracts
Strong project pipeline valued at US$90-$100 million
Shareholders received shares at a 2.5% discount with attaching options
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