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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, Inc. (OTCQB:ALMU) announced a significant breakthrough in photodetector technology, demonstrating the ability to manufacture high-performance photodetectors on large-diameter wafers. This advancement allows for high quantum efficiency and low dark current up to 105°C, making it suitable for automotive LiDAR and other applications. Aeluma's technology combines the efficiency of InGaAs with the scalability of silicon SPADs, potentially reducing costs and enabling mass-market adoption of LiDAR technologies. The achievement marks an important milestone in enhancing LiDAR performance, paving the way for advancements in various industries including automotive, communication, and AI.

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Aeluma, Inc. (OTCQB:ALMU) announced the initial closing of a private placement, securing $1.551 million from the sale of common stock priced at $3.00 per share. The securities sold are not registered under the Securities Act of 1933 and cannot be resold without registration or exemption. The company specializes in cost-effective sensor technologies for advanced LiDAR solutions, utilizing high-performance compound semiconductor materials on large silicon wafers. Aeluma aims to enhance performance and cost-effectiveness in large-scale manufacturing.

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Aeluma, Inc. (OTCQB:ALMU), a semiconductor company, has announced an agreement with RFSUNY to support the AIM Photonics initiative. The partnership focuses on the integration of compound semiconductor devices on silicon for a government-directed project. This collaboration aims to create high-performance lasers and amplifiers, enhancing manufacturing processes by reducing costs and time. Aeluma's innovative approach could revolutionize silicon photonics, benefiting both defense and commercial markets by improving size, weight, power, and cost efficiency.

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Aeluma, Inc. (OTCQB:ALMU), a company focused on semiconductor sensor technologies, has delivered sensor engineering samples to a Tier-1 global Automotive Supplier for performance validation. CEO Jonathan Klamkin expressed optimism about receiving feedback after testing. Aeluma integrates high-performance compound semiconductor materials with standard silicon manufacturing to create infrared sensors tailored for automotive, industrial, and transportation applications. The firm aims to maintain cost-effective manufacturing while enhancing sensor performance.

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Aeluma, Inc. (OTCQB:ALMU), a semiconductor company, will present at the LD Micro Main Event investor conference on October 25, 2022, at 10:00 AM PT in Los Angeles, CA. CEO Jonathan Klamkin, PhD, will lead the presentation, showcasing Aeluma's innovative sensor technologies for LiDAR solutions. A live webcast will be available, offering insights into Aeluma's advancements in optoelectronic devices and their applications in infrared sensors across various sectors. For meeting requests, attendees can contact the conference representative or email.

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Aeluma, Inc. (OTCQB:ALMU) has developed a device fabrication process for its advanced LiDAR sensor technologies, enabling the production of baseline sensor devices. CEO Jonathan Klamkin emphasized the progress made in rapid prototyping and optimizing materials for enhanced device performance. The company focuses on infrared sensors for automotive and industrial applications and leverages proprietary technology that combines high-performance semiconductor materials with mass market silicon manufacturing. Aeluma aims to accelerate the development of optoelectronic devices in the sensing and communications sectors.

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Aeluma, Inc. (OTCQB:ALMU) has joined the Lidar Coalition, enhancing its position in the LiDAR industry. Founded in April 2021, the coalition includes notable members such as AEye and Velodyne. Aeluma specializes in scalable, cost-effective sensor technologies, focusing on infrared sensors for automotive, industrial, and transportation applications. The company's proprietary technology combines high-performance semiconductor materials with mass-market silicon manufacturing, paving the way for advanced sensor solutions.

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Aeluma, Inc. (OTCQB:ALMU) announced a significant technical milestone in scalable sensor technology for advanced LiDAR solutions. The company has optimized its manufacturing equipment to create high-quality semiconductor materials essential for device fabrication and sensor prototypes. CEO Jonathan Klamkin highlighted this achievement as a step toward developing prototypes for customer evaluation and establishing a production pathway. Aeluma focuses on infrared sensors for automotive, industrial, and transportation applications, leveraging a novel technique using compound semiconductor materials on silicon wafers.

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Aeluma, Inc. (OTCQB:ALMU), a semiconductor company focused on sensor technologies, announced that its CEO, Jonathan Klamkin, PhD, will present at the Sequire Virtual Semiconductor Investor Conference on September 15, 2022. Dr. Klamkin's presentation is scheduled for 11:00 a.m. EDT, followed by a panel discussion at Noon EDT. Investors can register for the event online and access an archived replay afterwards. Aeluma develops optoelectronic devices utilizing advanced compound semiconductor materials, with a focus on infrared sensors for various sectors.

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FAQ

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

The current stock price of AELUMA (ALMU) is $3.2175 as of October 15, 2024.

What is the market cap of AELUMA (ALMU)?

The market cap of AELUMA (ALMU) is approximately 35.3M.

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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ALMU Stock Data

35.32M
6.39M
47.29%
Semiconductors
Technology
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United States of America
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