BluGlass extend deal with global LED leader

Company News

by Rachael Jones

BluGlass (ASX:BLG) has agreed with light engineer dealer Lumileds to extend their current phase II collaberation.

This means development will be accelerated with shorter turnaround times for projects.

BluGlas is the leader in Remote Plasma Chemical Vapour Deposition (RPCV) technology and Lumileds is the global leader in automotive LED lighting products.

Last week the California based company Lumileds appointed a new senior VP of quality.

They will work together to identify new commercial opportunities.

Shares in BluGlass (ASX:BLG) are currently trading 1.30 per cent lower to $0.38. 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.