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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), a semiconductor company specializing in sensor technologies for LiDAR and communication, announced that CEO Jonathan Klamkin, Ph.D., will appear on Bloomberg Businessweek on April 24, 2023, at 5:20 pm ET. During the interview, he plans to discuss the significance of onshore manufacturing for "Innovation Security" and the company’s recent achievement of sampling large-diameter wafer compatible photodetectors to a Tier-1 Automotive Supplier for evaluation. Aeluma's technology integrates compound semiconductor nanomaterials with silicon manufacturing, providing low-cost, high-performance solutions for various applications including automotive LiDAR and AI. The company aims to revolutionize the semiconductor sector with its capability to manufacture on up to 12-inch silicon substrates, facilitating large-scale production and cost reduction.

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GOLETA, CA / ACCESSWIRE / March 28, 2023 / Aeluma, Inc. (OTCQB:ALMU) announced that its CEO, Jonathan Klamkin, Ph.D., will join a fireside chat with Benchmark Company's semiconductor analyst David Williams on March 30 at NOON EDT.

This virtual event is accessible via email registration. Aeluma recently began sampling its large-diameter wafer-compatible photodetectors to a Tier-1 Automotive Supplier. This advancement highlights Aeluma's proprietary technology, which combines compound semiconductor nanomaterials with silicon manufacturing, aiming to provide cost-effective solutions for automotive LiDAR, communication, and other sectors.

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Aeluma, Inc. (OTCQB:ALMU), a semiconductor company, announced on March 10, 2023, that it has begun sampling large-diameter-wafer compatible photodetectors to a Tier-1 Automotive Supplier. These samples are produced using Aeluma's advanced manufacturing platform, which aims to reduce costs and increase chip production. The new photodetectors exhibit a low dark current of less than 100 picoamperes and a high quantum efficiency of over 90%. Aeluma's technology is designed to scale production for mass market adoption, unlike traditional sensors that are costly and low-throughput.

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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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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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ALMU Stock Data

45.36M
6.42M
47.29%
Semiconductors
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