Australia's BluGlass hits nearly 2-month high on US defense contract

Bluglass

09/03/2026 24:55

** BluGlass BLG.AX jumps as much as 10.6% to A$0.365, highest since January 14

** Semiconductor manufacturer enters A$1.25 million ($870,250) multi-phased development programme

** Says programme to develop advanced systems, services across commercial, military, business aviation sectors for U.S.-based customer

** YTD, BLG gains 44.7%

($1 = A$1.4364)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))