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BluGlass Secures A$8 Million to Accelerate GaN Laser Growth with Board Support
10:28am on Monday 13th of April, 2026 AEST
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Technology
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BluGlass Secures A$8 Million to Accelerate GaN Laser Growth with Board Support
10:28am on Monday 13th of April, 2026 AEST
Key Points
A$8 million placement at A$0.24 per share with free attaching options
Board and management commit A$2.3 million, led by Executive Chair Omer Granit
Funds targeted at scaling GaN laser operations and expanding fab equipment
Strong institutional demand amid a US$100 million project pipeline
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