Australia's BluGlass hits more than 4-month high on US contract extension
ReutersJan 12, 2026 2:25 AM
BluGlass BLG.AX soars as much as 33.3% to A$0.008, highest since September 3
Semiconductor manufacturing technology provider set for best day since early December
Co's unit and North Carolina state university extend existing contract valued at ~A$1.1 million ($736,670) to include a third year
Under extended contract, co will continue to develop advanced gallium nitride lasers to support defence and tech development for U.S Department of War
About 4 million shares traded in stock's busiest day since November 10
BLG fell 51% in 2025
($1 = A$1.4932)
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