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AELUMA INC - ALMU STOCK NEWS

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Aeluma Inc. (ALMU) is a semiconductor company focused on scalable, cost-effective technologies for LiDAR, communication, and sensing applications. The company recently secured funding to develop high sensitivity photodetectors for high energy physics experiments and commercial markets. Aeluma's core technology combines high performance with cost-effective, scalable manufacturing processes, attracting investments in technology and advancing semiconductor applications in various industries. With a recent focus on defense and aerospace applications, Aeluma continues to market its technology to emerging automotive and mobile sectors while exploring other potential large-scale applications. The company differentiates itself through unique semiconductor manufacturing capabilities, proprietary technology, and a diverse product portfolio.

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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.

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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.

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Aeluma (OTCQB:ALMU) has joined Optica, a global society focused on advancing optics and photonics worldwide, as a corporate member. The company's CEO, Dr. Klamkin, has been appointed Industry Vice Chair of the 2025 Advanced Photonics Congress and will become Chair in 2026. Both Dr. Klamkin and board member Dr. Steven DenBaars are Optica Fellows, recognizing their leadership in light science. This membership and leadership roles align with Aeluma's mission to advance semiconductor and photonic technologies for various high-growth markets including mobile, automotive, AI, defense, aerospace, communication, and quantum computing.

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Aeluma (OTCQB:ALMU) has secured a NASA contract to develop quantum dot photonic integrated circuits (PICs) on silicon. The collaboration aims to advance technology for aerospace applications including free-space laser communication, autonomous navigation, and precision sensing. The contract is expected to accelerate Aeluma's development of advanced photonics for next-generation sensors and optical interconnects used in AI infrastructure, high-performance computing, and cloud data centers. The technology integrates quantum dots on silicon photonics to provide scalable solutions for data-intensive environments.

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Aeluma (OTCQB:ALMU) reported financial results for Q1 FY2025 ended September 30, 2024. The company achieved record revenue of $481,000, up from $32,000 in the same quarter last year and $279,000 in the previous quarter. Net loss decreased to $730,000 ($0.06 per share) compared to $1.5 million ($0.12 per share) year-over-year. The company strengthened its balance sheet through private offerings totaling $3.145 million, ending the quarter with $3.5 million in cash. Notable achievements include conducting a Program Kickoff with the Department of Defense, delivering engineering samples to defense companies, and growing backlog from multiple contracts.

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Aeluma (OTCQB:ALMU), a semiconductor company focused on advanced technologies for multiple sectors, has announced its participation in the LD Micro Main Event XVII Investor Conference. CEO Jonathan Klamkin, Ph.D., will deliver a presentation on Wednesday, October 30, 2024, at 12:00 PM PT at the Luxe Sunset Boulevard Hotel in Los Angeles.

The presentation will be available via live webcast at me24.sequireevents.com. Dr. Klamkin will also conduct one-on-one meetings with investors throughout the day. The conference is invitation-only, and interested investors must register to attend. Meeting arrangements can be made through LD Micro representatives or by contacting Aeluma's investor relations.

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Aeluma Inc. (OTCQB:ALMU), a semiconductor company, has released its Q4 and fiscal year 2024 results, ending June 30, 2024. The company reported record backlog and multiple contract wins, including a major Department of Defense contract potentially worth over $11.7 million. Aeluma achieved ISO 9001:2015 certification and expanded its marketing efforts in various sectors.

Financial highlights include:

  • Q4 revenue: $279,000 (up from $193,000 in Q4 2023)
  • Fiscal year 2024 revenue: $919,000 (up from $193,000 in 2023)
  • Q4 net loss: $987,000 ($0.08 per share)
  • Fiscal year 2024 net loss: $4.6 million ($0.37 per share)
  • Cash and equivalents: $1.3 million as of June 30, 2024

Aeluma secured $3.145 million in convertible note financing in August 2024. The company projects Q1 fiscal 2025 revenue of $400,000-$470,000 and full fiscal year 2025 revenue of $4.0-4.2 million, representing over 335% year-over-year growth.

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Aeluma (OTCQB:ALMU), a semiconductor company, reported financial results for Q4 and FY 2024 ended June 30, 2024. Key highlights include:

- Record backlog from multiple contracts driving revenue growth
- Won major DoD contract potentially worth over $11.7 million
- Q4 revenue: $279,000 (vs $193,000 in Q4 2023)
- FY 2024 revenue: $919,000 (vs $193,000 in FY 2023)
- Q4 net loss: $987,000 or $0.08 per share
- FY 2024 net loss: $4.6 million or $0.37 per share
- Cash and equivalents: $1.3 million as of June 30, 2024

Aeluma secured $3.145 million through convertible promissory notes in August 2024. The company provided guidance for Q1 FY 2025 revenue of $400-470 thousand and FY 2025 revenue of $4.0-4.2 million, representing significant year-over-year growth.

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Aeluma, Inc. (OTCQB:ALMU) has been awarded an $11.717 million contract from DARPA to develop heterogeneous integration technology for advanced-node semiconductors. The project, part of DARPA's M-STUDIO program, aims to create nanometer-scale components compatible with leading-edge semiconductor manufacturing processes. Applications include AI, mobile devices, and 5G/6G wireless communication.

The contract is structured with $5.974 million over the first 18 months, followed by $5.743 million over the subsequent 18 months, subject to milestone achievements. Aeluma is partnering with Teledyne Scientific Company and the University of California Santa Barbara for this project. This non-dilutive funding aligns with Aeluma's commercialization efforts and follows previous awards from the Navy, Office of Secretary of Defense, and Department of Energy.

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Aeluma, Inc. (OTCQB:ALMU), a semiconductor company specializing in advanced technologies for various industries, has achieved ISO 9001:2015 certification for its quality management system. This internationally recognized standard demonstrates Aeluma's commitment to quality, customer satisfaction, and continuous improvement.

The certification process involved rigorous evaluation of Aeluma's processes, documentation, and operational efficiency. CEO Jonathan Klamkin emphasized that this certification underscores their dedication to providing high-quality products and services to customers. He also noted that it represents an important contribution to their commercialization traction.

This achievement is expected to enhance Aeluma's operational processes, reduce risks, and ensure customer satisfaction, positioning the company for growth in the semiconductor industry.

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FAQ

What is the current stock price of AELUMA (ALMU)?

The current stock price of AELUMA (ALMU) is $8.5 as of December 20, 2024.

What is the market cap of AELUMA (ALMU)?

The market cap of AELUMA (ALMU) is approximately 45.4M.

What is Aeluma Inc. known for?

Aeluma Inc. is known for its focus on scalable, cost-effective technologies for LiDAR, communication, and sensing applications.

What recent achievements has Aeluma Inc. announced?

Aeluma Inc. recently secured funding to develop high sensitivity photodetectors for high energy physics experiments and commercial markets.

How does Aeluma differentiate itself from other companies?

Aeluma differentiates itself through unique semiconductor manufacturing capabilities, proprietary technology, and a diverse product portfolio.

What sectors does Aeluma focus on?

Aeluma focuses on industries such as automotive, mobile, defense & aerospace, AR/VR, AI, quantum, and communication.

What is the business model of Aeluma Inc.?

Aeluma is developing a streamlined business model from its headquarters in Santa Barbara, California that has a state-of-the-art manufacturing cleanroom.

What recent funding has Aeluma received?

Aeluma recently received funding from the U.S. Department of Energy to develop high sensitivity photodetectors for high energy physics experiments and commercial applications.

Who are the key executives of Aeluma Inc.?

Key executives of Aeluma Inc. include Jonathan Klamkin, Ph.D., Founder, CEO, and Matthew Dummer, Ph.D., Director of Technology.

What recent awards and contracts has Aeluma won?

Aeluma recently announced wins from the Navy, Office of Secretary of Defense, and Department of Energy to apply its technology to defense & aerospace, quantum, and communication applications.

How does Aeluma's technology impact emerging applications?

Aeluma's transformative semiconductor chip technology enhances performance and scale manufacturing, critical for emerging applications in various industries.

What is the financial status of Aeluma Inc.?

Aeluma reported revenue of $344 thousand and a net loss of $962 thousand for the quarter ended March 31, 2024, and had $1.87 million in cash and cash equivalents.

AELUMA INC

OTC:ALMU

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45.36M
6.42M
47.29%
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