BLUGLASS ENTERS CUSTOMER COLLABORATION WITH microLED DEVELOPER

Key Points:

  • BluGlass has entered into a Collaboration Agreement with a well-funded microLED company

  • The collaboration aims to develop novel RGB microLED applications

  • The microLED market represents a strong opportunity for the RPCVD process, benefiting from a low temperature manufacturing solution

Australian technology innovator BluGlass Limited (ASX:BLG) has today announced that it has entered into a collaboration agreement with a well-funded European pioneer in the microLED industry, to investigate the use of BluGlass’ proprietary manufacturing technology, RPCVD. The collaboration is exploring a novel application with significant commercial potential.

The two companies will work together to demonstrate proof of concept of a unique red, green and blue (RGB) microLED display application (as defined by the agreement) using BluGlass’ low temperature process. BluGlass will be paid for its deposition services and retain all RPCVD related Intellectual Property rights resulting from the collaboration.

BluGlass is commercialising a breakthrough semiconductor technology called Remote Plasma Chemical Vapour Deposition (RPCVD) in the global multi-billion-dollar LED and power electronics industries. BluGlass’ patented hardware and processes offers electronics manufacturers the advantage of producing more efficient devices at a lower cost.

Managing Director, Giles Bourne, said today “The microLED market is an enormous opportunity for RPCVD within one of the fastest growing LED market segments, with applications in wearables (watches), mobile displays, next generation TV displays, virtual reality (VR) and augmented reality (AR). The inherent advantages of RPCVD lends itself to RGB LEDs, required in micro-displays. Low temperature RPCVD could be key to unlocking high performance of longer-wavelength LEDs (green and red LEDs) and be part of an enabling technology solution”.

Mr. Bourne finished “BluGlass carefully selects our collaborative partners; and we are excited to be working with this dynamic microLED partner”.

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BluGlass is an Australian public company listed on the Australian Stock Exchange to bring to market a breakthrough in the semiconductor technology industry.

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