Aeluma Inc
OTC:ALMU
Aeluma Inc
Aeluma, Inc. engages in the research and development of infrared (IR) optical sensors. The company is headquartered in Goleta, California. The company went IPO on 2022-07-26. The firm is engaged in the research and development of infrared (IR) optical sensors to disrupt the market for IR sensors. This enables the manufacturing of high-performance photodetector array circuits for imaging applications in mobile devices. These devices may be used as image sensors that generate an image by detecting light, in a manner similar to a digital camera taking pictures. Its devices may incorporate additional functionality for three-dimensional (3D) image capture when integrated into various system architectures. This technology can enhance the performance and capability of camera image sensors, LiDAR, AR/VR, facial recognition and other applications. Its potential markets include automotive LiDAR, industrial LiDAR, robotics, mobile, communications, defense and aerospace.
Aeluma, Inc. engages in the research and development of infrared (IR) optical sensors. The company is headquartered in Goleta, California. The company went IPO on 2022-07-26. The firm is engaged in the research and development of infrared (IR) optical sensors to disrupt the market for IR sensors. This enables the manufacturing of high-performance photodetector array circuits for imaging applications in mobile devices. These devices may be used as image sensors that generate an image by detecting light, in a manner similar to a digital camera taking pictures. Its devices may incorporate additional functionality for three-dimensional (3D) image capture when integrated into various system architectures. This technology can enhance the performance and capability of camera image sensors, LiDAR, AR/VR, facial recognition and other applications. Its potential markets include automotive LiDAR, industrial LiDAR, robotics, mobile, communications, defense and aerospace.
Revenue Growth: Revenue reached $1.4 million, up from $481,000 last year and $1.3 million last quarter.
Strong Balance Sheet: Cash position rose to $38.1 million after a successful, oversubscribed capital raise with no long-term debt.
Government & Commercial Contracts: Company continues to generate R&D revenue through contracts, including a new NASA contract, and expects 3 to 7 new development contracts this year.
Manufacturing Scaling: Wafer fabrication with foundry partners increased nearly fivefold to support growing demand, especially in AI infrastructure and defense.
Transition to Commercialization: Fiscal year focus remains on moving from R&D contracts to initial commercial product revenue, with targeted investments in production and team expansion.
Guidance Maintained: Fiscal 2026 revenue expected to be $4 million to $6 million, consistent with previous guidance.
Active Customer Pipeline: Ongoing and expanding engagements in AI infrastructure, defense, aerospace, and mobile, with new customer evaluations underway.