BluGlass enters JV with Bridgelux in the US

Company News

by Rachael Jones

Semiconductor technology developer BluGlass (ASX:BLG) has entered into a Joint Development Agreement with leading US based LED company, Bridgelux.

This is to develop cascade LEDs using BluGlass’ RPCVD technology, to establish a path for mainstream applications in the general lighting market.

The two parties are collaborating to build on BluGlass’ remote plasma chemical vapour deposition (RPCVD) tunnel junction technology, to develop cascade LEDs.

BluGlass and Bridgelux will work to develop competitive applications for the growing general lighting market.

Shares in BluGlass (ASX:BLG) are trading 4.8 per cent higher at 11 cents.

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.