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News

3 May 2007

 

BluGlass awards first equipment manufacturing contract

BluGlass Ltd of Sydney, Australia (which was spun off from Macquarie University in mid-2005) has signed its first design and manufacture agreement with Ireland-based EMF Semiconductor Systems Ltd. When paired with BluGlass’s patented remote plasma CVD (RPCVD) for low-temperature deposition of gallium nitride onto glass substrates (rather than conventional MOCVD on sapphire), the componentry supplied by EMF will form the backbone of the firm’s first commercial-scale prototype system for low-cost manufacturing GaN-based LEDs.

“The new equipment will allow us to demonstrate to the world’s leading LED manufacturers that our cost-saving technology works on a commercial scale,” says CEO David Jordan.

“We will be able for the first time to make commercial quantities of GaN wafers for high-brightness white LEDs in our new facility in Sydney. This will be a critical step to engaging the major global LED lighting companies in our technology,” adds Jordan. “The new equipment will be installed in our Sydney plant in the coming months, transforming our operations to a commercial-scale system and pushing us closer towards earning our first revenues.”

The contract with EMF was signed after BluGlass executives recently visited leading LED companies in Asia, the US and Europe to discuss progress on the development of their technology.

After its commercial-scale machinery has been fully commissioned, BluGlass aims to license such equipment to LED lighting companies. BluGlass also aims to earn revenues through royalties for the use of the technology.

*BluGlass appoints MD of Access Macquarie Ltd as non-executive director

BluGlass has also strengthened its board by appointing Dr Peter Dodd as a non-executive director.

Dodd has more than 20 years experience in investment banking and is currently managing director of Access Macquarie Ltd, the commercial arm of Sydney’s Macquarie University. The university is a major shareholder in BluGlass, due to its development of the technology now owned by BluGlass. Dodd is also chairman of Transgrid, the New South Wales government corporation that owns and operates the State’s electricity transmission grid.

“His formidable industry, banking and academic experience will add strong commercial and investment knowledge to our team,” says Dr Mike Taverner, BluGlass’ chairman. “He will immediately become an important part in directing the development and commercialization of our technology.

See related item:

GaN-on-glass process could yield 48% savings for LED epi, suggests cost of ownership model

Visit BluGlass: http://www.bluglass.com.au

Visit EMF: http://www.emf.co.uk