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How BluGlass’ $11.7M Revenue Boost Fuels US Defense Laser Ambitions
12:54am on Saturday 30th of August, 2025 AEST
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Technology
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How BluGlass’ $11.7M Revenue Boost Fuels US Defense Laser Ambitions
12:54am on Saturday 30th of August, 2025 AEST
Key Points
Revenue up 16% to $11.7 million driven by laser diode projects and products
Net loss increased 8% to $10.98 million despite revenue growth
Secured $2.9 million US DoD subcontract and $1.2 million joint development deal with Uviquity
Raised $7.6 million capital and received $5.4 million R&D tax rebate
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