BluGlass (ASX:BLG) to form JV with SPTS

BluGlass (ASX:BLG) to form JV with SPTS

Semiconductor manufacturing technology company BluGlass (ASX:BLG) has entered into a JV agreement with SPP Process Technology Systems (SPTS).

Under the agreement, BluGlass will receive a $5.2 million cornerstone investment from SPTS, a subsidiary of Sumitomo Precision Products (SPP).

The JV will focus on completing the development and commercialisation of BluGlass' Remote Plasma Chemical Vapour Deposition (RPCVD) technology.

“SPTS is the perfect fit partner for our technology and its commercialisation,” BluGlass CEO Giles Bourne said. “This is a major commercial milestone for BluGlass.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags BluGlassjoint ventureASX:BLGGiles Bourne

Show Comments