Global semiconductor developer BluGlass Limited (ASX: BLG) has secured a US$1.28 million (A$1.93 million)payment from a European wafer developer to acquire intellectual property (IP) rights relating to gallium nitride(GaN) growth techniques on the customer’s specialty wafer
The exclusive IP transfer, effective on payment, is limited to MOCVD deposition of GaN on the customer’s unique wafer technology.
Unfortunately these 2 statements contradict each other. The payment has not been secured, just contracted atm. Probably why the ASX got a bit hot and bothered. The fact remains this is a watershed moment for BLG. This company and its technology has the near future written all over it. Any shareholder who hasn't listened to the last 2 Shxxxcafe experts round table really is doing themselves a disservice. Industry insiders want, need and are prepared to invest in Bluglass. At some point investors will too.
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