BluGlass Annual General Meeting with Chairman Dr William Johnson, Managing Director Giles Bourne and Chief Operations and Technolgy Officer Ian Mann.
- BluGlass’ High-performance LEDs, microLEDs are being used in electronics and vehicles
- Strong technical progress on Lumileds milestones enabled commercial discussions
- RPCVD scaling to production platform to commence in 2019
- The Global LED market is expected to grow from US$33.1B in 2017 to US $96.71B in 2024
- Major market trends driving rapid growth include: Automotive & HB Lighting (HB-LED) opportunity, Displays (microLED) opportunity, Power - Electronics (GaN HEM) opportunity
- Financials: Total revenue up 27% in 2018m, Cash Position up 43%