Ann: Microelectronics Commons Projects update, page-13

Talk about calling a spade a bulldozer!

Whoever writes this would have failed first year PR unit. In fact the lecturer would have queried whether it had been written by the company’s competitor.

Something like the following would at least have softened the blow while stressing company was STILL funded, and actually had other work going on as well:

Jim Haden, Bluglass CEO, has congratulated fellow members of the US Commercial Leap Ahead for Wide Band-gap Semiconductors (CLAWS) Hub of which Bluglass is a member, on being awarded funding for four micro electric projects from the first round of funding of Microelectronics Commons projects.

Bluglass was awarded a Year 1 $2.6 million contract within this hub in 2023, with negotiations for its Year 2 and 3 core contracts currently underway.

While the CLAWS Hub’s quantum photonics projects were not directly funded in this additional round, which sits outside the core funding process, the Bluglass CEO said that the hub as a whole would benefit from the work done in the funded projects. “Bluglass will assist as needed, while continuing the leading-edge development of its quantum enabling laser technology for next-generation applications.”

“To be a funded part of this CLAWS Hub has seen us form partnerships with some of the world’s leading quantum pioneers and the benefits to our growing clientele across all industries, from medical to x to z sectors, will continue to expand.”

This was whisked up in minutes and exact details of funding etc, may not be absolutely accurate but hopefully you can wee what I mean - this info should have been balanced with the postives.