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DingoBorat

2,837 Posts.

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17/09/21

17:43

Post #: 56159774
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Originally posted by DingoBorat ↑

This is from Blugrass's Review of Operations, in their Appendix 4E and 2021 Financial Report, released 24th of August.
It's worth a read to see where they are at.

FY21 presented numerous challenges for the business as we navigated a global pandemic, customer and manufacturingpartner impacts in Europe and the US as well as packaging challenges of our laser diode devices. We also demonstrated laser diode devices that met commercial specifications in output power and wavelength, however, did not satisfy the product reliability specifications required by the market. This has led to a delay in the launch of our first commercial gallium nitride (GaN) laser diodes. Despite this setback, these results confirm the commercial quality of BluGlass’ laser diode design and epitaxy (the semiconductor material growth steps). The gradual loss of light output and laser performance during high power testing led to the discovery of a flaw in the optical facet of the laser, which is contributing to the reliability issue. The optical facet is in the post epitaxy production steps and involves third-party suppliers. BluGlass is working with multiple vendors and expert fabrication specialists with established production capabilities to expedite solutions and has multiple iterations of development progressing through its manufacturing supply chain.
While these technical roadblocks have certainly been frustrating, we have validated our direct-to-market product approach with multiple customers with significant unmet needs in the industry eagerly awaiting delivery of products. The business is now firmly on a path to resolve the reliability challenge, and while this is ongoing, we continue to prepare and bolster our supply chain, improve our laser diode performance and improve our manufacturing yields, in readiness to scale rapidly to meet customer demand.

It's looking good here, once they have sorted those challenges, which again seem to be no issue of Sensera's capabilities.

GLTAH!

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Bit quiet here today.. Punters quitely accumulating perhaps?
The above post is worth reading for the new ones here, when taken into context with what Marc Kinnis, of Stocks Down Under, has said..

"Listen for details on Revasum (RVS), 4DS Memory (4DS), Pivotal Systems (PVS), Sensera (SE1), Audio Pixels (AKP) and BluGlass (BLG) Marc says although these companies are small, some could turn into multi-billion dollar companies in a few years time"

This is from Sensera's May 31st 2021 Investor Update in Key Customers.

BluGlass Limited
(ASX: BLG) Is developing process and equipment using Remote Plasma Chemical Vapour Deposition (RPCVD) to grow semiconductor materials for the production of high efficiency devices such as light emitting diodes (LEDs). Sensera is collaborating to produce higher power blue laser LED devices to be applied in several verticals: industrial, bio/life science, automotive and general lighting.

If BluGlass does well and sorts their current issues with performance of the diodes, they will grow and so will we.

Holding SE1 shares is a bit like holding tickets in both potentially "multi-billion dollar companies"

Suprised none of us pointed that out the other day..
GLTAH!

Last edited by DingoBorat: 17/09/21

SE1 Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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