Ann: BLG secures A$2.9M CLAWS Hub sub-contract, page-30

  1. 3,056 Posts.
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    A very informative presentation by Jim at Atomic.

    Keys points for me where:

    (1) Jim grew revenues in his first startup from $2m per quarter to $250m per quarter prior to being acquired. In the same fashion as he is doing at blg started with mostly revenues from projects and over time that transitioned into 90% product revenues. However, always took on new projects.
    (2) Quantum sensing is here and now, unlike quantum computing which is a few years away. BLG available tech can be used for medical sensing such as cancers, oxygen in bloods, BP and many other applications. Also for turbulence control in aviation and water due to the colour green and blue they specialise in.
    (3) BLG current laser products have applications in GPS if and when satellite are made redundant during warfare or trade wars.
    (4) Jim expects revenues to exceed last years $10.1m, but didn't say by how much. Was confident of the partnerships already announced plus others to come will land in 2025.

 
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