Bluglass Ltd · ASX:BLG
Bluglass — Investor Presentation (May 2025)
43 slides from Bluglass's investor presentation, May 1, 2025
Slide 1: Quantum precision - the new frontier in visible lasers
Quantum precision - the new frontier in visible lasers BluGlass Limited (ASX:BLG), April 2025 BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 1
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This document has been prepared by BluGlass Limited to provide readers with an update of the Company and the Company’s technology. Any statements, opinions, technical data and information, or other material contained in this document, do not constitute commitments, represen
Slide 3: Company Overview
COMPANY OVERVIEW BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 3
Slide 4: Executive Summary – Scaling to Global Markets
EXECUTIVE SUMMARY – SCALING TO GLOBAL MARKETS • BluGlass is the world’s first pure-play gallium nitride (GaN) laser company supplying to the global photonics industry Leading GaN Laser • GaN lasers are advanced semiconductor devices essential to the function of a wide variety of applications, includ
Slide 5: Who We Are: The Leading Pure Play GaN Laser Supplier
WHO WE ARE: THE LEADING PURE PLAY GaN LASER SUPPLIER BluGlass is one of only a handful of global GaN laser suppliers, with rapidly growing demand and high-barriers to entry Visible GaN lasers are an emerging technology that is disrupting advanced industries and enabling new markets due to quantum le
Slide 6: Who We Are: The Leading Pure Play GaN Laser Supplier
WHO WE ARE: THE LEADING PURE PLAY GaN LASER SUPPLIER Launched suite of GaN Visible laser diodes Expert laser and manufacturing team Products available in underserved wavelengths and flexible form Highly experienced manufacturing team, led by laser diode factors to address key customer challenges. ve
Slide 7: BluGlass in 2025
BLUGLASS IN 2025 Global leader in visible lasers for high-fidelity and precision applications Industry-leading narrow-line width GaN DFB and single mode MOPA lasers World-record performance Industry is choosing State-of-the-art single-mode GaN laser performance - for next-gen quantum, aerospace & de
Slide 8: Growing Momentum - $6M+ in Recent Contract Wins
GROWING MOMENTUM - $6M+ IN RECENT CONTRACT WINS Won A$2.9M US Department of Defense (DoD) sub-contract $2.9M with Microelectronics Commons CLAWS Hub. To advance BluGlass laser capabilities in key dual-use markets: quantum, defence, commercial aviation, bio-medical and sensing Entered multi-phased JD
Slide 9: Growing Demand and Market Validation
GROWING DEMAND AND MARKET VALIDATION Manufacturing flexibility BluGlass’ laser offering addresses underserved markets, wavelengths and delivered in flexible form factors. BluGlass’ go-to-market strategy has been validated Dedicated GaN laser supplier A dedicated GaN laser supplier targeting the quan
Slide 10: Leadership Team: Deep Laser Industry Expertise
LEADERSHIP TEAM: DEEP LASER INDUSTRY EXPERTISE BOARD OF DIRECTORS MANAGEMENT TEAM James Walker Jim Haden Dr Ian Mann NON-EXECUTIVE CHAIR CEO COO & CTO Experienced technology Veteran laser expert with 30 years’ Product development and technology commercialisation leader; Chartered experience; demonst
Slide 11: Industry Advisory Board – Accelerating Technical & Commercial Advancement
INDUSTRY ADVISORY BOARD – ACCELERATING TECHNICAL & COMMERCIAL ADVANCEMENT INDUSTRY ADVISORY BOARD CONSORTIUM ADVISORS Steven DenBaars Professor DenBaars is one of the world's foremost experts in GaN laser development and commercialisation. Co-founded Soraa Laser Diode and oversaw its acquisition by
Slide 12: Market Overview
MARKET OVERVIEW BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 12
Slide 13: Laser Technology Underpins Global Megatrends
LASER TECHNOLOGY UNDERPINS GLOBAL MEGATRENDS SW US $38B Market Defense & Quantum & Healthcare & Space Sensing BioTech US$11B US $6B $21B Defence laser systems Quantum sensing Market by market by 2033 market by 2030 2033 Source: Straits Research, Gartner Source: McKinsey & Company Source: Spherical I
Slide 14: Defence Laser Systems - A US $11B Opportunity by 2033
DEFENCE LASER SYSTEMS - A US $11B OPPORTUNITY BY 2033 SUBSEA, SPACE & SATELLITE NAVIGATION & COUNTER- QUANTUM COMMUNICATIONS GUIDANCE MEASURES AUTONOMOUS BIOSENSING & DIRECTED ENERGY RANGING EXPLORATION REMOTE DETECTION Source: Straits Research, Gartner BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLI
Slide 15: Quantum Sensing Opportunity
QUANTUM SENSING OPPORTUNITY The quantum sensing market is projected to experience explosive growth to reach US$1 $1B $6B billion by 2030 and $6 2030 2040 billion by just 2040, as its advantages both disrupt existing at the same time as forging new markets that rely on sensor technology, according to
Slide 16: Quantum Computing Opportunity
QUANTUM COMPUTING OPPORTUNITY Quantum computers hold the potential to drive remarkable progress in industry & high-tech, Quantum computing with companies already exploring capabilities to develop innovations such as lighter, more powerful $1.2B – $170B 2024 Estimated batteries for EVs, new medicines
Slide 17: Healthcare & Biotech Opportunity
HEALTHCARE & BIOTECH OPPORTUNITY Global medical laser systems market is expected to reach US$ $21B Total Healthcare & 16B by 2033. Biotech market As the need for more personalised medicine $16B Global medical laser increases, researchers are systems market: finding that new laser sensing, therapies,
Slide 18: BluGlass Target Markets: Key Customers by Segment
BLUGLASS TARGET MARKETS: Key Customers byINDUSTRIAL segment QUANTUM COMPUTING & SENSING KEY INDUSTRY PLAYERS DISPLAY (AR/VR) BY SEGMENT • IPG Photonics • TeraDiode (Panasonic) • nLight (OPI) • NUBURU BIOTECH • LaserLine • Convergent Photonics -3D Systems • FormLabs • EOS DEFENCE BLUGLASS INVESTOR PR
Slide 19: Competitive Landscape
COMPETITIVE LANDSCAPE Global Characteristics Pure-play GaN conglomerate Global lighting Global consumer electronics Japanese owned white light laser Taiwanese laser laser challenger and market company company company company leader Pure-play GaN laser company Full-suite GaN manufacturing capability
Slide 20: Microelectronics Commons Accelerates BLG's Commercial Discussions
MICROELECTRONICS COMMONS ACCELERATES BLG’s COMMERCIAL DISCUSSIONS BLG IS A COMMERCIAL PARTNER IN CLAWS CLAWS HUB LEAD & MEMBERS • US Department of Defense allocated MEMBERS $2B to 8 regional Hubs in ME Commons • CLAWS Hub awarded US $63M for core LEAD development work in FY24 & FY25 BLG AWARDED AU$5
Slide 21: The Year Ahead
THE YEAR AHEAD BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 21
Slide 22: Working with Customers Across Our Target Verticals
QUANTUM & SCIENTIFIC Working with diverse customers BluGlass’ customers include leading OEMs, national labs and research organisations, to disruptive start- ups across our target market verticals DEFENCE/ Solving customer challenges WORKING WITH ENERGY & R&D BluGlass is helping customer’s develop no
Slide 23: Project-to-Product Revenue Pipeline & Opportunity
PROJECT-TO-PRODUCT REVENUE PIPELINE & OPPORTUNITY Growing pipeline of opportunity BluGlass’ project 26*project opportunities Initial evaluation to advanced negotiations with pipeline is gaining in pipeline representing diverse customers and partners significant US$90-100M in momentum with project va
Slide 24: Key Catalysts & Milestones
KEY CATALYSTS & MILESTONES Enter development Renew existing annual Form strategic Advance technical contracts contracts partnerships with top capabilities tier customers Convert opportunities in Install state-of-the-art pipeline currently worth Enter years 3-5 of Microelectronics Commons Establish r
Slide 25: Building Significant Business Momentum
BUILDING SIGNIFICANT BUSINESS MOMENTUM Gaining Business Key Partnerships Significant Growth Growing Pipeline of Momentum Opportunity Including the A$6M+ 133% $90-100m In recent contract wins US DoD 133% three-year of revenue opportunity with key partners across As part of the revenue CAGR. across 26
Slide 26: Capital Raise
CAPITAL RAISE BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 26
Slide 27: Investment Opportunity
INVESTMENT OPPORTUNITY BluGlass is undertaking a capital raising of up to approximately A$8.3m via a Placement and Share Purchase Plan • Single tranche non-underwritten placement to sophisticated, professional and institutional investors to raise up to approximately ~$2.3m (before costs) (Placement)
Slide 28: Timetable: Capital Raising Offer Timetable
TIMETABLE: Capital Raising Offer Timetable Key Dates SPP record date Wednesday, 30 April 2025 Announcement of Capital Raising Thursday, 1 May 2025 Settlement of Placement Wednesday, 7 May 2025 Allotment and normal trading of Placement Shares on the ASX Thursday, 8 May 2025 SPP Opens Thursday, 8 May
Slide 29: Key Risks
KEY RISKS Risk Risk Description BluGlass' ability to effectively execute its business strategy depends upon the performance and expertise of its key management personnel. Any loss of key Loss of key management management personnel, any delay in the replacement of any key management personnel, or any
Slide 30: International Offer Restrictions
INTERNATIONAL OFFER RESTRICTIONS This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (the "FMC Act"). The New Shares are not being offered or sold in New Zealand (or allotted with a view to being offered f
Slide 31: Thank-You & Questions
Investor Relations: THANK-YOU & QUESTIONS Stefanie Winwood P: +61 2 9334 2300 BLUGLASS INVESTOR PRESENTATION, APRIL 2025 E: admin@bluglass.com SLIDE 31
Slide 32: Appendix
APPENDIX BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 32
Slide 33: BluGlass' Form Factor Offerings
WHAT WE DO: OFFERING THE WORLD’S EASIEST TO USE GaN LASER LIGHT BluGlass’ vertically integrated laser offering has been designed to Flexible form factors will revolutionize how meet the market and solve our customers biggest challenges our customer use GaN laser light Single emitters/Photonic Integr
Slide 34: DFB Lasers for Quantum
DFB LASERS FOR QUANTUM BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 34
Slide 35: Estimated Horizon of Quantum Technologies – Quantum Sensing Is Here
ESTIMATED HORIZON OF QUANTUM TECHNOLOGIES – QUANTUM SENSING IS HERE Post quantum cryptography KEY Quantum sensing technology Quantum random number Quantum networking generators Quantum computing Quantum gravity sensors Application requires visible laser Quantum timing sensors Quantum magnetometers Q
Slide 36: GaN DFB Benefits
QUANTUM INFORMATION GaN DFB Benefits Precise wavelength, control, BIO- and tuning PHOTONICS Ultra-narrow linewidth GaN DFB LASER High spectral purity APPLICATIONS RANGING & Low relative intensity noise NAVIGATION Enhanced stability Improved measurement and QUANTUM sensing accuracy using atomic SENSI
Slide 37: What Is a DFB Laser
WHAT IS A DFB LASER Multi-Mode Single-mode Multi-Mode, Single-Mode, & DFB DFB Laser SM + SOA MOPA Laser (SM) laser Lasers Lower-power, High-power, high- bright light in Ultra-precise near Features brightness broad single phase, single frequency Amplifies the light with narrow light benefits of SM &
Slide 38: Advantages of GaN Lasers
ADVANTAGES OF GaN LASERS BLUGLASS INVESTOR PRESENTATION, APRIL 2025 SLIDE 38
Slide 39: Market Drivers - The Advantages of GaN Laser Diodes
MARKET DRIVERS - THE ADVANTAGES OF GaN LASER DIODES Visible GaN visible and UV laser diodes have many advantages over traditional infrared lasers GaN light interacts favorably with quantum and Improvement of energy organic materials (viruses, bacteria, cancer cells), and Key Metals absorption in met
Slide 40: Defence & Aerospace - $11B by 2033
DEFENCE & AEROSPACE - $11B BY 2033 Quantum Computing, LiDAR detecting GaN Wavelengths for Defence & Aerospace Cryptography & AI Clear Air Turbulence (CAT) Quantum Clocks & Underwater LiDAR & Comms M. Corato-Zanarella et al., Nat. Photonics (2022) Quantum Sensing CAT- M. Corato-Zanarella et al., Nat.
Slide 41: Quantum: GaN Lasers Produce Essential High-Energy Light
QUANTUM: GaN LASERS PRODUCE ESSENTIAL HIGH-ENERGY LIGHT Scale up in volume, down in size, increase fault-tolerance GaN photonics promise improved fault Benchtop Scale 8’x10’ Large Current Scale tolerance and error-corrected quantum computers employing low-noise technology Chip Scale 4 x 6 mm Future
Slide 42: Bio-Med & Bio-Tech Sterilisation
BIO-MED & BIO-TECH STERILISATION UV light at wavelengths between 200 and 280 nanometers • Advances in robotic has been found to have a high rate of disinfection efficacy surgery (>99.9%) • DNA sequencing Frequency doubling of Violet (400 nm) to Green (530 nm) • Cancer detection GaN Laser diodes yiel
Slide 43: Thank-You & Questions
Investor Relations: THANK-YOU & QUESTIONS Stefanie Winwood P: +61 2 9334 2300 BLUGLASS INVESTOR PRESENTATION, APRIL 2025 E: admin@bluglass.com SLIDE 43