Global semiconductor developer BluGlass Limited (ASX: BLG) has made significant strides in its bid to establish a strong foothold in the global market. The company recently announced the receipt of initial purchase orders for its 405nm and 420nm 250mW single-mode gallium nitride (GaN) lasers from two leading original equipment manufacturers (OEMs) in the industry.
These commercial purchase orders followed the successful product launch of the lasers at the Photonics West conference in San Francisco. BluGlass has not yet revealed the identities of the two customers, but the company said that they will use the lasers to evaluate their suitability within their own applications. These applications include quantum and robotic uses.
The initial purchase orders are considered low-volume orders and are expected to generate negligible revenues for BluGlass. However, the company anticipates securing recurring larger-volume orders once the customers have qualified the lasers. This is expected to provide a substantial revenue stream for the company in the future.
BluGlass has made significant progress in expanding its customer base, with proposals progressing with several customers across multiple market segments.
BluGlass President Jim Haden said, “Our newly launched GaN lasers were incredibly well received at Photonics West, reaffirming the need for a dedicated provider to address unmet market needs across several verticals. We are encouraged to have received our first orders so soon after the event. These orders are an important step towards commercial revenues and demonstrate demand for our lasers from key industry players in underserved wavelengths, flexible form factors, and semi-custom designs. As a result of this increased interest in our newly released products, we expect additional orders from potential customers and partners to be imminent.”
