Aeluma, Inc.

Aeluma, Inc. announced the appointment of Jason Taylor, M.S., as Senior Director of Program and Project Management. Mr. Taylor will be responsible for driving the commercialization of the company's compound semiconductor photonics technologies. His extensive experience from leading semiconductor organizations like Intel, Kyocera, and Lumileds is expected to be critical as Aeluma transitions its technologies to commercial-scale manufacturing for various markets, including AI datacom and defense.

Aeluma, Inc. announced it has signed a Letter of Intent (LOI) with the U.S. Department of Commerce for up to $30 million in proposed funding under the CHIPS and Science Act. This funding will support Research & Development of Aeluma’s scalable, non-InP semiconductor manufacturing platform for photonics, a critical technology for AI and advanced computing. The initiative aims to strengthen U.S. technology leadership, address supply chain constraints, and accelerate the commercialization of Aeluma's high-performance semiconductors.

Aeluma, Inc. announced it has signed a letter of intent (LOI) for up to $30 million in proposed funding under the U.S. CHIPS and Science Act. This award will support the research and development of Aeluma’s scalable, non-InP semiconductor manufacturing platform for photonics, a critical technology for AI, advanced computing, and national security. The funding aims to accelerate the commercialization of Aeluma's high-performance semiconductors, leveraging its facilities in Goleta, California, and partner sites within the U.S. The award is contingent on further due diligence, government approvals, and the execution of definitive award documents, with Aeluma expected to issue equity securities to the U.S. Department of Commerce.

Aeluma, Inc. announced that its CEO and Founder, Jonathan Klamkin, Ph.D., will chair the Industry Program at the Optica Advanced Photonics Congress. The company will also present a technical paper on its scalable quantum dot laser technology, highlighting its advancements for AI datacom. This participation underscores Aeluma's leadership and technological contributions in the photonics industry.

Aeluma, Inc. announced the appointment of Brendan Moran, Ph.D. as its Vice President of Engineering. Dr. Moran will be responsible for driving the commercialization and manufacturing readiness of the company's compound semiconductor products. He brings 18 years of experience from Lumileds, where he managed a mobile flash portfolio generating over $300 million in annual revenue and led the development of numerous products to high-volume manufacturing.

Aeluma, Inc. commented on the U.S. Department of Commerce's announcement of over $2 billion in proposed CHIPS Act incentives to accelerate quantum computing development. The company supported one of the nine companies that executed a letter of intent with the U.S. Government, indicating potential involvement contingent on a subcontract agreement. This investment marks a shift towards manufacturing infrastructure and commercial readiness in quantum, aligning with Aeluma's scalable heterogenous integration platform and recent government contracts and partnerships.

Aeluma, Inc. announced that President and CEO Jonathan Klamkin, Ph.D., will receive the prestigious Indium Phosphide and Related Materials (IPRM) Award. The award recognizes his pioneering contributions to InP and GaAs photonic and electronic materials and devices, and their heterogeneous integration on mismatched substrates. Aeluma highlighted its technology's potential to enable high-performance electronics and photonics manufacturing, overcome supply chain constraints, and scale across various markets including AI, defense, and quantum. Dr. Klamkin will be honored at the CSW Conference on May 25, 2026, in Kumamoto, Japan.

Aeluma, Inc. has furnished an updated investor presentation, which it plans to use in meetings with analysts and investors. The presentation highlights the company's breakthrough in Indium Gallium Arsenide (InGaAs) semiconductor technology, enabling scalable manufacturing for high-performance chips. It details Aeluma's strong financial position, including $37.8 million in cash, and its focus on diverse markets such as mobile, AI, defense, and quantum computing.

Aeluma reported a net loss of $1.8 million for the three months ended March 31, 2026, a significant decline from a net income of $1.46 million in the same period last year, with revenue slightly decreasing to $1.22 million. For the nine-month period, the net loss widened to $5.15 million, despite an increase in revenue to $3.88 million. The company's cash and cash equivalents, however, saw a substantial increase to $37.78 million, primarily driven by $23.39 million in proceeds from public offerings.

Aeluma, Inc. reported its financial results for the third quarter of fiscal 2026, with revenue of $1.2 million, a slight decrease from $1.3 million in the prior year. The company posted a GAAP net loss of $1.8 million, a significant shift from a $1.5 million net gain in Q3 2025, primarily due to a one-time gain in derivative liabilities in the prior year. Despite the financial losses, Aeluma highlighted securing over $4 million in new contracts, receiving a NASA award, and establishing key manufacturing partnerships, while also narrowing its full fiscal year 2026 revenue guidance to $4.2 million to $4.6 million.