MARKET WIRE NEWS

Aeluma Secures More Than $4 Million in Contracts for Quantum Materials and Lasers

MWN-AI** Summary

Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company based in Goleta, California, has recently secured over $4 million in contracts from the U.S. Government to bolster its semiconductor heterogeneous integration platform. Focusing on quantum dot lasers and high-speed datacom applications, these contracts are pivotal for Aeluma's commercialization strategy and foster deeper connections with governmental stakeholders and manufacturing partners.

The awarded funds will enable Aeluma to scale wafer production through partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technology, which positions the company at the forefront of rapidly expanding markets, particularly in AI infrastructure, defense, and quantum technologies. Aeluma's CEO, Dr. Jonathan Klamkin, emphasized the significance of these contracts for both immediate commercialization efforts and long-term diversification, highlighting that they provide non-dilutive funding to expedite advancements in photonic systems manufacturing.

Aeluma's technology integrates the advantages of compound semiconductors within the framework of mainstream microelectronics manufacturing. The focus on quantum dot lasers is particularly noteworthy, given their exceptional performance characteristics—such as high power handling and low noise—which are essential for quantum applications and AI data center interconnects. Furthermore, the company's advancements in aluminum gallium arsenide (AlGaAs) for quantum nonlinear materials promise efficient photon generation and manipulation, vital for quantum communication and computing.

By integrating these technologies with 200mm and 300mm silicon, Aeluma aims to streamline manufacturing processes and address growing market demands for lasers and detectors. Collaborations with supply chain partners underscore Aeluma's strategic approach to navigating supply chain challenges while capitalizing on new market opportunities. With its innovative platform and robust manufacturing capabilities, Aeluma is poised to make significant strides in the semiconductor and quantum technology sectors.

MWN-AI** Analysis

Aeluma, Inc. (NASDAQ: ALMU) recently announced over $4 million in contracts from the U.S. government, aimed at accelerating the commercialization of its innovative semiconductor technologies for quantum materials and lasers. This development is pivotal, reinforcing Aeluma's strategic positioning in high-growth sectors, particularly in AI infrastructure and defense, a trend likely to resonate positively with investors.

The contracts not only provide crucial non-dilutive funding, allowing Aeluma to advance its semiconductor heterogeneous integration platform but also highlight the company’s growing influence in the quantum technology landscape. As highlighted by CEO Jonathan Klamkin, these projects support Aeluma’s aim to establish strong relationships with government partners, which could result in ongoing opportunities.

Aeluma's focus on quantum dot laser technology is particularly noteworthy, as this sector demands high performance and low noise, essential criteria for advanced applications. With the company leveraging proven metalorganic chemical vapor deposition (MOCVD) techniques, it appears well-positioned to scale its production efficiently, which could lead to significant market advantages and profitability.

Additionally, the strategic collaboration with Tower Semiconductor and Sumitomo Chemical Advanced Technology will bolster Aeluma's capacity to meet rising demands for lasers and detectors in various markets, efficiently addressing supply chain constraints. The potential for greater market share in the photonic and electronic technology sectors appears robust with these partnerships enhancing production capabilities.

In terms of market advice, investors should consider accumulating shares in Aeluma as the company brings to market scalable solutions in quantum and AI infrastructures. The growing demand in these fields may create upward pressure on stock prices, especially given the reduced risk profile due to government backing. With a strong operational foundation and strategic growth initiatives, Aeluma stands to capitalize on emerging opportunities in transformative technologies.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

GOLETA, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today it has been awarded more than $4 million in contracts from the U.S. Government to accelerate scaling of its semiconductor heterogeneous integration platform for quantum and high-speed datacom applications.

The awards directly support Aeluma’s commercialization strategy while deepening relationships with government stakeholders and manufacturing partners. Scaling wafer production and fabrication with Tower Semiconductor and Sumitomo Chemical Advanced Technology further positions Aeluma at the forefront of high-growth markets across AI infrastructure, defense, and quantum.

“Traction in our target markets continues to grow,” said Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma. “Programs like these are important for both our near-term commercialization strategy as well as long-term diversification. These contracts provide non-dilutive funding to accelerate commercialization, and to strengthen our relationship with key government partners in making manufacturing of next-generation photonic systems more viable.”

Accelerating Scalable Quantum and AI Infrastructure

Aeluma’s technology combines the performance of compound semiconductors with the scale of mainstream microelectronics manufacturing. The new contracts will accelerate the development and transition of Aeluma’s heterogeneous integration platform for quantum dot lasers and quantum nonlinear materials.

Quantum Dot Lasers

Quantum dot laser technology offers superior performance including high power handling, reliability, and low noise—key requirements for quantum applications and AI data center interconnects, including co-packaged optics (CPO). Aeluma leverages high throughput metalorganic chemical vapor deposition (MOCVD), a proven approach for mass-market applications such as vertical cavity surface emitting lasers (VCSELs) for facial identification in mobile phones. Aeluma’s MOCVD quantum dot technology will be leveraged to build multi-channel photonic integrated circuits for quantum applications.

Quantum Nonlinear Photonics

Aeluma is advancing a scalable aluminum gallium arsenide (AlGaAs) nonlinear materials platform for generation and manipulation of photons for quantum communication, computing, and sensing. Compared to other materials such as lithium niobate (LN), aluminum nitride (AlN), or barium titanate (BTO), Aeluma’s AlGaAs offers superior efficiency and versatility, characteristics important for practical quantum systems. The Company previously unveiled a successful demonstration of AlGaAs integration on CMOS standard 200mm silicon. The ability to manufacture with 200mm and 300mm silicon provides a path to integrate with low-loss silicon nitride waveguides commonly used for quantum photonic circuits.

The new contracts aim to advance the quantum dot and quantum nonlinear photonic platforms through targeted demonstrations and scaling efforts. This includes development at Aeluma’s facility in Goleta, California, as well as activities with supply chain partners including Tower Semiconductor and Sumitomo Chemical Advanced Technology.

“With the broad adoption of our Silicon Photonics (SiPho) platforms, we see great value in the laser market as a new, large, untapped opportunity for Tower,” said Dr. Edward Preisler, Vice President and General Manager of RF Business Unit at Tower Semiconductor. “Aeluma’s technology helps promote a more responsive and resilient ecosystem, by providing a path to laser manufacturing on larger dimension silicon wafers.”

“The market demand for lasers and detectors has grown significantly and we view Aeluma’s technology as a promising solution to address supply chain constraints,” added Dr. Ken Campman, President & Executive Officer from Sumitomo Chemical Advanced Technologies. “We look forward to further developing our relationship to help address the requirements for datacom, sensing, and other markets.”

About Aeluma

Aeluma (NASDAQ: ALMU) is a transformative semiconductor company specializing in high-performance photonic and electronic technologies that scale. The company’s proprietary platform combines compound semiconductors with scalable manufacturing used for mass-market microelectronics to enable volume production and large-scale integration. Applications for Aeluma’s technology include mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum. Headquartered in Goleta, California, Aeluma operates state-of-the-art R&D and manufacturing capabilities for semiconductor wafer production, quick-turn chip fabrication, rapid prototyping, test and validation. Aeluma also partners with production-scale fabrication foundries, packaging, and integration companies. For more information, visit www.aeluma.com.

Company:
Aeluma, Inc.
(805) 351-2707
info@aeluma.com

Investor Contact:
Financial Profiles, Inc.
Moira Conlon and Alex Villalta
(310) 622-8227
ir@aeluma.com


FAQ**

How does Aeluma Inc. (ALMU) plan to utilize the $4 million U.S. Government contracts to enhance its heterogeneous integration platform and what specific milestones are expected as a result?
Aeluma Inc. plans to use the $4 million U.S. Government contracts to advance its heterogeneous integration platform by improving technology capabilities, enhancing research and development processes, and achieving key milestones in product design and performance by 2024.
In what ways does Aeluma Inc. (ALMU) foresee its quantum dot laser technology impacting AI infrastructure and the defense sector over the next few years?
Aeluma Inc. (ALMU) anticipates its quantum dot laser technology will enhance AI infrastructure through improved data processing speeds and efficiency, while simultaneously advancing defense capabilities with superior sensors and communication systems, driving innovation in both sectors.
How will partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies benefit Aeluma Inc. (ALMU) in terms of production scalability and market reach?
Partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies will enhance Aeluma Inc.'s production scalability through advanced manufacturing capabilities and expand its market reach by leveraging the established networks and expertise of these industry leaders.
What are the key challenges Aeluma Inc. (ALMU) faces in commercializing its semiconductor technologies, and how can the new contracts help mitigate these risks?
Aeluma Inc. faces challenges such as technology scalability, market competition, and capital requirements, but new contracts can provide essential funding, validate market demand, and establish strategic partnerships to mitigate these risks and enhance credibility.

**MWN-AI FAQ is based on asking OpenAI questions about Aeluma Inc. (NASDAQ: ALMU).

Aeluma Inc.

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