Aeluma Secures New Contracts from NASA and the Navy to Advance Scalable Quantum and Sensing Technologies | ALMU Stock News

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4 days ago
  • Aeluma (ALMU, Financial) secures new contracts with NASA and the U.S. Navy.
  • Contracts aim to advance scalable quantum and sensing technologies.
  • Significant technological breakthroughs on 200mm silicon substrates achieved.

Aeluma, Inc. (NASDAQ:ALMU), a semiconductor firm specializing in high-performance technologies, has announced significant new contracts with NASA and the U.S. Navy. These agreements are poised to accelerate the development and commercialization of next-generation quantum computing and sensing systems.

The NASA contract focuses on the commercialization of entangled photon sources for quantum computing. Aeluma has successfully demonstrated the integration of nonlinear optical materials on CMOS standard 200mm diameter silicon substrates. This achievement provides a pathway to scale complex quantum photonic circuits while maintaining compatibility with mainstream silicon manufacturing processes.

Additionally, Aeluma's contract with the U.S. Navy will support the development of low SWaP (size, weight, and power) imaging sensors for submarine systems. The technology integrates SWIR (shortwave infrared) sensors with VIS (visible) sensing on a single chip, meeting the Navy's stringent SWaP requirements and aligning with commercial applications in mobile, AR/VR, robotics, and industrial sensing markets.

These government contracts not only provide additional funding for research and development but also validate Aeluma's semiconductor platform's potential and strengthen relationships with major governmental agencies. Aeluma's approach effectively combines the performance of compound semiconductors with the scalability of silicon manufacturing, targeting lucrative markets such as AI, automotive, defense, and quantum computing.

"We are excited to continue scaling our high-performance semiconductor platform for diverse applications across quantum, communications, and sensing," stated Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma. "These contracts are synergistic with our go-to-market strategy aimed at bringing performance semiconductors to high-growth commercial markets."

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.