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Australian semiconductor developer, BluGlass Limited has launched a new direct-to-market business unit to leverage the company’s unique RPCVD technology advantages in the high value, high margin GaN Laser Diode market. High-brightness GaN laser diodes are used in a number of applications that include industrial lasers (cutting and welding), automotive and general lighting, displays, and life sciences.
BluGlass’ patented RPCVD platform and unique tunnel junction capabilities offer laser diode manufacturers a number of unique performance and cost advantages over the industry incumbent technology:
- Higher performing devices and reduced optical loss
- Productivity and cost improvements
- Unique laser diode design
BluGlass’ is developing GaN laser diode prototypes and expects to deliver its first laser diode product in the next calendar year. These new products are expected to deliver a clear path to significant revenues from CY 2021. The new business unit will be headed by the VP of Business Development, Brad Siskavich out of BluGlass’ US office. He has over 20 years of experience in laser diode business management.
The new business stream fits well with the strategy of commercializing the competitive advantages of RPCVD technology to maximize returns. This highly customizable, end-to-end approach will enable BluGlass to generate revenue in this high-value market and build its leadership in the manufacture of novel GaN laser diodes.
The total global market for laser market applications is estimated to reach US $27 billion by 2025. The GaN laser diode segment is an emerging market opportunity, expected to grow to represent the US $658 million Serviceable Addressable Market (SAM) for BluGlass by 2025. GaN lasers require higher performance, lower-cost technology solutions to help address significant unmet needs in the industry. The company will initially focus on industrial laser diodes for welding and cutting applications, targeting a market capture of 6-10% (US $40-65 million) of this SAM by 2025.
BluGlass is entering the Laser Diode market as a result of its success in demonstrating tunnel junctions as a building block for high-performance, cascade LEDs. The RPCVD tunnel junction technology has unique, compelling advantages to drive performance and cost improvements for the GaN laser diode market. LEDs and laser diodes are, in their physics and material growth, very similar, which allows them to accelerate BluGlass’ entry into this new market space without diluting its activities on other RPCVD applications.
BluGlass, with the recent opening of its new Paul Dunnigan Laboratories named after its late engineer Paul Dunnigan, now has the pre-installed RPCVD capacity onsite in Silverwater to gain significant Laser Diode revenues and build a profitable business unit.
