Why long-horizon innovation needs more than good ideas
An analysis of what Australian long-horizon research commercialisation requires, citing Gilmour Space, Cochlear and BluGlass as illustrations of patient capital and ecosystem support needs.
Company
Every investor coverage indicates participated in a round BluGlass raised.
Companies BluGlass acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Jim Haden | CEO | @AuManufacturing (17 Mar 2025), @AuManufacturing (13 Dec 2024), @AuManufacturing (2 Oct 2024), @AuManufacturing (13 Mar 2023), @AuManufacturing (20 Jan 2023) |
| Dr Ian Mann | CTO | @AuManufacturing |
| Omer Granit | Director | @AuManufacturing |
| Vivek Rao | Non-executive Director (former) | @AuManufacturing |
Stories naming BluGlass. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
An analysis of what Australian long-horizon research commercialisation requires, citing Gilmour Space, Cochlear and BluGlass as illustrations of patient capital and ecosystem support needs.
Semiconductor laser maker BluGlass has added US investor Omer Granit to its board, replacing outgoing director Vivek Rao. Granit is a partner at New York's EnPar Capital and also sits on Amaero International's board.
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BluGlass has created an Industry Advisory Board led by Steven DenBaars and Richard Craig to guide commercialisation of its GaN laser products, with the advisers compensated in equity.
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BluGlass will supply GaN laser chips for an underwater LiDAR project alongside Macquarie University and defence firm Aurizn, with backing from a government seed grant; revenue so far is immaterial.
Semiconductor maker BluGlass told the ASX it secured $10.2 million in commitments via a placement, with a shareholder entitlement offer to follow, funding laser diode production expansion.
Roundup of manufacturing news: Vaxxas secures CEPI funding and a CRC-P grant, Hastings gains an increased NAIF loan, Bio-Gene receives an R&D tax incentive, plus jobs data and a skills consultation.