Thanks for the report flight11.
Article after article and report after report reinforces the potential in this field.
The stand out comments in this report are:
There's a $100 billion opportunity, a whole new disruptive technology with LEDs, and an installed base that owns the market but doesn't have good solutions
Among venture investors and entrepreneurs, solid-state lighting has become a hot area as the technology has improved and costs come down.
The whole world is basically going to embrace this technology. Every time you reduce cost, it opens up another part of the market
Regarding Bridgelux:
It is an American version of BluGlass, but a couple of years ahead in the commercialization journey and they are actually manufacturing and selling LED chips.
It is a private company founded in 2002 some 8 years ago.
The company has proprietary epitaxy technology and innovative chip designs that have enabled them to develop advanced solid-state lighting products that offer superior quality, are lower in cost and are environmentally friendly.
As well as LED chips, the company is now seeking to deliver value-added, application-specific solutions that will open up new markets in solid-state illumination.
There you see our future!
BTW, Here is an interesting and relevant point about Bridgelux:
While the company's corporate and R&D operations are located in the U.S., the company manufactures its products in Asia.
CEO quote: BridgeLux is leveraging the best of U.S. technology and Asian manufacturing efficiencies, effectively bridging a gap that has hampered many companies in their pursuit of leading-edge technology that can be affordably deployed now, not some years down the road.
Is this not the business model that many here are speculating BLG is in the process of setting up, even as we type.
Cheers
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