Aeluma Stock Price, News & Analysis

Aeluma (NASDAQ:ALMU), a semiconductor company focused on advanced technologies for multiple high-growth sectors, has been added to the Russell 3000® Index effective June 30, 2025. This inclusion follows their recent oversubscribed equity offering and NASDAQ uplist, automatically placing them in either the Russell 1000® or Russell 2000® Index.

The Russell indexes, which benchmark approximately $10.6 trillion in assets, are widely used by investment managers and institutional investors. The reconstitution captures the 4,000 largest US stocks based on market capitalization as of April 30, with membership lasting one year.

Aeluma (NASDAQ:ALMU) has secured a contract worth up to $1.3 million from the U.S. Navy to accelerate the development of high-speed photodetectors. The company's large-diameter wafer platform integrates compound semiconductors with silicon manufacturing, enabling cost-effective solutions for various markets including mobile, AI, defense, aerospace, automotive, AR/VR, and quantum computing. The contract includes collaboration with a global interconnect manufacturer and support from a top-tier government contractor. Aeluma's technology is compatible with wafer-scale integration with CMOS electronics using advanced packaging, positioning the company to impact defense, aerospace, HPC, AI, and quantum computing sectors.

Aeluma (NASDAQ:ALMU) and Thorlabs have achieved a significant breakthrough in silicon photonics by successfully demonstrating wafer-scale integration of aluminum gallium arsenide onto CMOS silicon photonics standard 200mm diameter wafers. The collaboration, supported by the Office of Secretary of Defense, enables the production of complex quantum photonic circuits at scale.

The technology combines compound semiconductors with mainstream silicon manufacturing, allowing for cost-effective solutions across markets including mobile, AI, defense, automotive, and quantum computing. The integration of quantum dot sources and nonlinear electro-optic materials provides enhanced functionality for quantum computing and communication applications, offering improved efficiency compared to traditional materials like silicon nitride or lithium niobate.

Aeluma (NASDAQ:ALMU), a semiconductor company, announced its participation in two major industry conferences to showcase technological advancements. The company will present at the 2025 International Conference on Compound Semiconductor Manufacturing Technology (CS Mantech) from May 19-22 in New Orleans and the 2025 IEEE Optical Interconnects and Packaging Conference (OIP) from June 16-18 in Fort Collins.

At CS Mantech, Aeluma will present on heterogeneous integration of InGaAs SWIR photodetectors on CMOS-compatible substrates. At OIP, the company will deliver two presentations focusing on photodetectors for high-speed interconnects and quantum dot lasers for silicon photonics. These technologies target applications in AI infrastructure, quantum computing, sensing systems, mobile, AR/VR, defense, and industrial automation.

Aeluma (NASDAQ:ALMU) reported strong Q3 FY2025 financial results, with revenue reaching $1.3 million, a 265% increase from the same quarter last year. The company achieved net income of $1.5 million ($0.12 per basic share), compared to a net loss of $963,000 in Q3 FY2024.

Key highlights include a successful NASDAQ uplisting and an oversubscribed public offering raising $13.8 million, bringing total fiscal year capital raised to nearly $17 million. The company strengthened its board with former NVIDIA finance leader Mike Byron and secured a U.S. Department of Energy contract for photodetector development. Aeluma maintains its FY2025 revenue guidance of $4.4-4.6 million and ended Q3 with $15.9 million in cash.

The semiconductor company continues to expand its presence in AI, defense, quantum computing, and automotive markets, while participating in key industry initiatives like the National Semiconductor Technology Center (NSTC).

Aeluma (NASDAQ: ALMU), a leading semiconductor company, will celebrate its recent listing on the Nasdaq Capital Market by ringing the Closing Bell at Times Square on May 1, 2025. The ceremony will be live-streamed at 3:45 p.m. ET.

The company specializes in developing high-performance semiconductor technologies for multiple cutting-edge sectors:

• Artificial Intelligence (AI)
• Quantum Computing
• Defense and Aerospace
• Mobile Technologies
• Communication Systems

Dr. Jonathan Klamkin, Founder and CEO, emphasized the company's role in shaping the future of semiconductors in the AI era. Aeluma's focus on advanced semiconductor technology and scalable silicon integration, combined with strategic government partnerships and commitment to U.S.-based manufacturing, positions it as a key player in semiconductor innovation.

Aeluma (NASDAQ:ALMU) has secured a U.S. Department of Energy (DOE) contract to develop low-cost shortwave infrared (SWIR) photodetectors. The project focuses on creating commercially viable SWIR detection solutions that support wavelengths beyond the visible spectrum, important for quality inspection, remote sensing, and machine vision applications.

The company's technology integrates high-performance compound semiconductors with large-diameter substrates, enabling scalable SWIR devices that combine performance with cost efficiency. This development aims to overcome current SWIR technology limitations such as high costs, large form factors, and power inefficiencies.

This marks Aeluma's second DOE-funded initiative, adding to their previous contracts from DARPA, the Navy, Office of the Secretary of Defense, Air Force, and NASA. The technology targets applications in mobile, AR/VR, defense and aerospace, AI infrastructure, communication, and quantum computing markets.

Aeluma (ALMU) has successfully closed its oversubscribed public offering, raising $13.8 million in gross proceeds through the sale of 2,628,571 shares at $5.25 per share, including a fully exercised over-allotment option. The semiconductor company, which specializes in technologies for mobile, automotive, AI, defense & aerospace, communication, and quantum computing, has uplisted to the Nasdaq Capital Market under the ticker 'ALMU' as of March 27, 2028.

The net proceeds will be allocated towards expanding business development efforts, advancing manufacturing processes for commercialization, and working capital. Craig-Hallum served as the sole underwriter for the offering, which was conducted under the Company's registration statements on Form S-1.

Aeluma (ALMU) has announced its uplisting to the Nasdaq Capital Market and pricing of a public offering. The semiconductor company is offering 2,285,714 shares of common stock at $5.25 per share, expecting to raise approximately $12 million in gross proceeds before expenses.

The offering, underwritten by Craig-Hallum, is set to close on March 28, 2025. Trading on Nasdaq will commence on March 27, 2025, with the ticker symbol remaining 'ALMU'. The company has granted the underwriter a 30-day option to purchase up to 342,857 additional shares.

The proceeds will be used for:

• Expanding business development efforts
• Advancing manufacturing processes for commercialization
• Working capital and general business purposes