Ann: Named member of CLAWS Hub in the US Microelectronics Commons, page-36

I wondered before whether CHIPS funding would be a good idea for Bluglass, at least from a purely financial perspective. Funding is great, but the agreement would cut Bluglass from future Chinese and other sales.

Now based on the proximity to the US (fab location and our CEO), funding, extra contacts, increased visibility, and today’s price run, those thoughts have been dispelled.

This volume is fantastic. We have only had one repeat customer yet, likely a minnow without a huge customer base yet. Bigger customers will take longer to come on board as changes are more significant. However, just like us there are potentially several minnows with very interesting growth applications that may become big customers. With them, bigger organisations, product improvements and RPCVD coming online, and now funding and recognition, Bluglass is looking to be a fantastic prospect.