Quarterly ResultMay 13, 2026, 04:31 PM
Aeluma Secures $5M in New Contracts; Q3 Revenue $1.2M, Net Loss $1.8M
AI Summary
Aeluma, Inc. reported its third-quarter fiscal 2026 financial results, highlighting significant commercial momentum with over $4 million in new contracts from U.S. government agencies and a total of $5 million in new development engagements. The company also announced strategic manufacturing partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies, alongside key leadership appointments. Financially, Aeluma posted $1.2 million in revenue and a GAAP net loss of $1.8 million, while maintaining $37.8 million in cash and cash equivalents. The company narrowed its full fiscal year 2026 revenue guidance to $4.2 million to $4.6 million.
Key Highlights
- Aeluma secured over $4 million in contracts from US government agencies for quantum dot lasers and materials.
- Achieved fiscal 2026 goal with six new development engagements totaling $5 million in value.
- Announced partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies for wafer production.
- Appointed Christiane Poblenz as VP of Materials Operations and Willy Rachmady as VP of Strategic Partnerships.
- Q3 2026 revenue was $1.2 million, compared to $1.3 million in Q3 2025.
- GAAP net loss was $1.8 million, or $0.10 per share, compared to a net gain of $1.5 million last year.
- Cash and cash equivalents totaled $37.8 million as of March 31, 2026.
- Narrowed fiscal year 2026 revenue guidance to $4.2 million to $4.6 million.