- 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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