Welcome to our dedicated page for AELUMA news (Ticker: $ALMU), a resource for investors and traders seeking the latest updates and insights on AELUMA stock.
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Aeluma, Inc. (ALMU) CEO to present at SPIE Defense + Commercial Sensing 2024 conference on quantum dot and nonlinear materials integration for various applications.
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Aeluma, Inc. (ALMU) secures funding from the U.S. Department of Energy to develop high sensitivity photodetectors for high energy physics experiments and commercial markets. The company's scalable semiconductor technology is recognized for its cost-effectiveness and performance. Aeluma's recent wins from the Navy and the Office of Secretary of Defense highlight the versatility of its technology in defense, aerospace, quantum, and communication applications, signaling potential growth opportunities.
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-5.78%
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Aeluma, Inc. (ALMU) reports increased revenue in Q2 fiscal 2024, appoints industry veteran to the Board, and secures government funding. Financially, revenue surged to $262,992 from previous quarters, with a net loss of $1.13 million. Cash reserves decreased to $2.42 million, and shares outstanding stood at 12,167,930.
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Aeluma, Inc. (ALMU) has been awarded funding from the U.S. Office of Secretary of Defense to develop foundry-scale, CMOS-compatible quantum materials. This further validates the company's technology and its broad applicability. Aeluma's recent wins in defense and aerospace applications are significant for recognition and revenue generation. The company's focus on large-volume, emerging commercial applications, such as automotive and mobile, suggests potential for further growth. The award emphasizes scaling to be compatible with large-diameter substrates and CMOS manufacturing, aligning with Aeluma's pioneering technology.
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25.73%
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Aeluma, a semiconductor company specializing in scalable, cost-effective technologies for LiDAR, communication, and sensing, announced its participation in the upcoming SPIE Photonics West event. Aeluma will host an exhibitor booth and deliver a presentation, showcasing its large-diameter wafer technology and semiconductor chip technology for various markets. The company's unique manufacturing capability and proprietary technology aim to offer high-performance and low-cost solutions for emerging markets.
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Aeluma, Inc. (OTCQB:ALMU) announced the election of Craig Ensley, a seasoned semiconductor industry executive, to its board of directors. With extensive experience in various market verticals, Mr. Ensley's appointment comes at a crucial time for Aeluma as it aims to scale its technology for large-volume consumer markets.
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-5.66%
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Aeluma, Inc. (ALMU) has been awarded funding from the U.S. Navy to develop high speed photodetectors for defense and aerospace communication applications. The company's large-scale photodetector technology has garnered interest from both defense and aerospace customers, as well as globally recognized aerospace companies. Aeluma's CEO announced that this award, in addition to others, will not only provide recognition but also generate revenue for the company. Aeluma is strategically positioning its scalable semiconductor technology to address a broad range of market verticals, including automotive LiDAR, mobile, defense and aerospace, AR/VR, AI, and communication.
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4.08%
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ALMU - Aeluma, Inc. Announces Second Consecutive Quarter of Revenue Growth and Government Funding for Defense and Aerospace. Financial Results for Q1 FY 2024: $32,400 in Revenue, $1.48M Net Loss, $3.76M in Cash.
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4%
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Aeluma, Inc. has been awarded funding from the U.S. Navy to develop photonics reliability methodologies for defense and aerospace applications. The company will collaborate with The Aerospace Corporation on this project. Aeluma's CEO believes their technology is well positioned to support the investment in semiconductor technologies for sensing and communication applications. Aeluma aims to commercialize its semiconductor chip technology for various markets including automotive LiDAR, mobile, defense and aerospace, AR/VR, AI, and communication.
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-3.33%
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Aeluma, Inc. recognized revenue in Q4 2023 from multiple customers for small-volume orders and development projects. They are working to commercialize semiconductor chip technology for various markets, including automotive LiDAR. The company has made progress in marketing its solution, including sampling to the automotive market. Aeluma's unique semiconductor manufacturing capability and proprietary technology could offer high-performance and low-cost solutions for emerging markets.
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-6.06%
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