Key Points
- BluGlass launches new, Laser Diode business unit, to build out supply chain and capture greater downstream manufacturing value
(a) The GaN Laser Diode market represents a serviceable addressable market (SAM) of more than US$658M by 2025
(b) BluGlass has an initial target market share of 6-10% (US$40-65M) of SAM by 2025
- This new business unit will leverage BluGlass’ unique RPCVD Tunnel Junction (TJ) Technology to enable higher brightness and higher efficiency GaN Laser Diodes
- BluGlass has the pre-installed RPCVD capacity onsite in Silverwater to gain significant Laser Diode (high value and high margin product) revenues and build a profitable business unit
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