ALMU

Aeluma, Inc. develops and manufactures high-performance compound semiconductor products for sensing and communication applications. Headquartered in Goleta, California, the company specializes in producing gallium arsenide (GaAs) and indium phosphide (InP) optical and electronic devices on large-diameter silicon wafers. Aeluma's proprietary technology platform enables the integration of these advanced compound semiconductors with traditional silicon manufacturing processes, potentially reducing production costs while maintaining superior performance characteristics. The company's product portfolio targets applications in optical communications, 3D sensing, lidar systems, and power electronics. Aeluma operates through a hybrid manufacturing model, utilizing its own facilities alongside partnerships with third-party foundries to scale production. In 2023, the company acquired certain assets from ClariPi, a photonics technology firm, strengthening its intellectual property position and technical capabilities in integrated photonics. As a development-stage company, Aeluma focuses on transitioning its technology from research to commercial production while building customer relationships with companies in telecommunications, automotive sensing, and data center markets. The company's approach centers on leveraging existing silicon fabrication infrastructure to make compound semiconductor devices more accessible and cost-effective. Aeluma trades on the NASDAQ under the ticker symbol ALMU and remains in the early stages of revenue generation as it advances product development and manufacturing capabilities.