Ann: BluGlass secures A$1.93 million payment for IP transfer, page-17

Not sure too much more information can be released, clearly BLG had a CIC caveat on the contract, else BLG would have broadcast the name and usage.


It's limited to MOCVD deposition of GaN on the customer’s unique wafer technology; ie: "MOCVD GaN growth on the customer’s specialty wafers". However, there is work to do as their goal is " to expand our collaboration into a commercial manufacturing contract as the customer’s opportunity matures".

Maybe, there would be a Toll on usage, as well as an upfront payment, and maybe a geographical exclusive sales region, and sanction conditions.