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.
Aeluma, Inc. (NASDAQ: ALMU) is a semiconductor company that regularly issues news about its high-performance photonic and electronic technologies and related corporate developments. Company press releases emphasize a proprietary platform that combines compound semiconductors with scalable manufacturing used for mass-market microelectronics, targeting applications in mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum.
The Aeluma news feed on Stock Titan aggregates these official announcements so readers can follow how the company is progressing on its stated priorities. Recent items include financial results updates, where Aeluma discusses revenue primarily from R&D contracts, manufacturing readiness, intellectual property expansion, and customer engagements. Other releases cover public offerings of common stock under an effective shelf registration statement, along with intended uses of proceeds such as advancing manufacturing processes, expanding business development, hiring, and general corporate purposes.
Investors and observers can also track technology and R&D milestones in Aeluma’s news, such as new patent applications related to volume manufacturing of compound semiconductor photonics, 3D imaging sensors, and large-format imaging sensors, as well as acceptance of a technical paper on scalable quantum photonics at the SPIE Photonics West conference. Additional updates highlight government and consortium participation, including a NASA contract for quantum systems and membership in the Midwest Microelectronics Consortium under the U.S. Department of Defense Microelectronics Commons Program.
By monitoring Aeluma’s news page, readers can see how the company describes its evolution in areas such as AI infrastructure photonics, defense and aerospace applications, quantum photonics, and capital markets activity, all based on the company’s own public communications.
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
Aeluma (OTCQB:ALMU) will showcase its latest semiconductor and photonic solutions at SPIE Defense + Commercial Sensing 2025, scheduled for April 13-17, 2025 in Orlando, Florida. The company will demonstrate its heterogeneous semiconductor platform integrating quantum dot laser technology with silicon photonics.
At booth 1302, Aeluma will present key technologies including:
- SWIR Photodetectors for AR/VR and defense applications
- Quantum Dot Lasers for Silicon Photonics
- Quantum Computing solutions using 12-inch wafer technology
- Next-Generation Applications for 5G/6G, AI
The company will participate in two key events: a conference presentation on Scalable InGaAs Photodetector Arrays (April 14) and a panel discussion on Heterogeneous Integration and Quantum Dot Lasers (April 17). Aeluma's ISO 9001:2015 certified facility and partnerships with NASA, DARPA, and Department of Energy position it for advanced semiconductor manufacturing.
Aeluma (OTCQB:ALMU) has appointed Mike Byron to its Board of Directors. Byron, a semiconductor finance veteran with over 30 years of experience, recently retired as Vice President of Finance Operations & Systems at NVIDIA, where he helped transform the company from a GPU innovator to a global semiconductor leader during his 22-year tenure.
Byron previously served as NVIDIA's Vice President & Chief Accounting Officer from 2011 to 2019. His background includes finance roles at public technology companies and eight years as a Deloitte auditor. He holds a Business Economics degree from UC Santa Barbara and became a CPA in 1990.
Aeluma CEO Jonathan Klamkin stated that Byron's expertise comes at a "pivotal time" as the company scales its technology for broader adoption in AI, quantum computing, and defense applications. Aeluma continues to strengthen its U.S.-based semiconductor innovation through partnerships with NASA, the Department of Defense, and the Department of Energy.
Aeluma (OTCQB:ALMU) reported record Q2 FY2025 results with revenue reaching $1.6 million, representing over 500% year-over-year growth. The company raised its FY2025 revenue guidance by 10% to $4.4-4.6 million. Key highlights include securing a NASA contract for quantum dot photonic integrated circuits and joining AIM Photonics to accelerate quantum dot laser technology.
Financial results show a net loss of $2.9 million ($0.24 per share) compared to $1.1 million ($0.09 per share) in the same quarter last year. Non-GAAP income was $546,000, and Adjusted EBITDA was $648,000. The company maintained a strong cash position of $3.1 million as of December 31, 2024.
Aeluma (OTCQB:ALMU), a semiconductor company, announced its CEO Jonathan Klamkin will appear live on Schwab Network's Trading 360 on January 21, 2025, at 11:30 AM ET. The interview will showcase Aeluma's semiconductor technology and U.S.-based manufacturing capabilities.
The segment will highlight the company's innovative semiconductor platform that combines high-performance materials with scalable, cost-effective manufacturing. Dr. Klamkin will discuss strategic partnerships with NASA, DARPA, Department of Energy, Navy, and Office of Secretary of Defense, focusing on applications in AI, defense & aerospace, and quantum computing.
The company emphasizes its 100% U.S.-based operations and role in strengthening national supply chain resilience, particularly relevant in the context of the CHIPS and Science Act.
Aeluma (OTCQB:ALMU) has become a full industry member of the American Institute for Manufacturing Integrated Photonics (AIM Photonics), one of nine Manufacturing Innovation Institutes established by the U.S. Department of Defense. The company joins other notable members including 3M, Lockheed Martin, and Raytheon Technologies.
Aeluma has been collaborating with AIM Photonics for over two years on a government-directed project focused on integrating quantum dot laser technology into silicon photonics offerings. The company utilizes its 300mm MOCVD capability to deposit compound semiconductor materials onto AIM Photonics' 300mm silicon photonics wafers.
This integration of light source technology directly into the silicon photonics platform aims to enable increased scalability, higher energy efficiency, and simplified assembly and packaging. These improvements would benefit applications in data centers, AI, quantum computing, telecommunications, health sensing, and lidar technology.
Aeluma (OTCQB:ALMU) has filed two new patent applications focused on quantum computing and sensing applications, expanding its intellectual property portfolio to 29 issued and pending patents. The company's heterogeneous integration platform combines high-performance materials with scalable semiconductor manufacturing for various applications including mobile, automotive, AI, defense, aerospace, and quantum computing.
The company recently achieved significant technical milestones in its Office of the Secretary of Defense-funded program to develop foundry-compatible quantum materials. Aeluma maintains valuable trade secrets related to its manufacturing processes for scaling high-performance semiconductors to meet consumer market requirements.
Aeluma (OTCQB:ALMU), a semiconductor company, will showcase its latest technological advancements at SPIE Photonics West from January 28-30, 2025, in San Francisco. The company will present its innovations in photonic integration and shortwave infrared (SWIR) sensing at Booth 2164 of the Moscone Center.
The showcase will feature several key technologies: SWIR Photodetectors for AR/VR and mobile devices, Quantum Dot Lasers for Silicon Photonics in AI infrastructure, and solutions for Quantum Computing utilizing 12-inch wafer technology. Aeluma's platform focuses on integrating high-performance materials with large-diameter Silicon substrates for next-generation applications in 5G/6G, AI, and quantum computing.