BluGlass Limited (ASX:BLG) has secured a $300,000 order from one of its key specialised epitaxy (foundry) customers, the largest foundry order it has received to date.
This customer is developing a specialty LED application for which BluGlass will be supplying the green and blue LED wafers for their unique product over the next six months.
The order forms part of the company’s strategy of growing the custom epitaxy and revenue generating service part of its business over the coming months.
Earlier this month, BluGlass received a $2.1 million Research & Development tax rebate for FY2015.
It also raised $467,812 through a placement of shares priced at $0.0625 in August.
Shares in BLG are currently trading at $0.066.
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