Aeluma Executes Agreement with AIXTRON for Purchase of G10-AsP MOCVD

(NASDAQ: ALMU) Aeluma, Inc. announced it has executed an agreement to purchase an AIXTRON G10-AsP metalorganic chemical vapor deposition (MOCVD) system. The AIXTRON G10-AsP tool will support advanced development and expansion of manufacturing capacity for Aeluma’s non-indium-phosphide (non-InP) photonics platform. The system is specifically configured for Aeluma's proprietary processes and is designed for full automation and high throughput. The G10-AsP system offers scalable production on both gallium arsenide (GaAs) and silicon (Si) substrates, with 150 mm and 200 mm wafer capability. The acquisition is intended to address growing customer demand for photonic components used in AI data communications. Aeluma’s technology enables integration of compound semiconductor materials with high-volume microelectronics-grade GaAs or Si substrates, supporting greater production scale and cost efficiency. Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma, stated that the AIXTRON G10-AsP platform aligns with the company's strategy to scale photonic device manufacturing on 150 mm and larger substrates. He noted that demand for high-speed photodetectors, quantum dot lasers, and other photonic devices for AI scale-up and scale-out architectures continues to grow rapidly. Felix Grawert, Chief Executive Officer of AIXTRON SE, commented that demand for photonic devices in AI and related markets is driving the transition towards larger wafer formats and that Aeluma's approach offers a promising alternative. The agreement builds on several years of collaboration between Aeluma and AIXTRON. The announcement highlights the benefits of combining Aeluma’s heterogeneous integration platform with AIXTRON’s MOCVD technology for the expanding photonics market. The G10-AsP system is intended to provide high-throughput solutions for customers demanding advanced compound semiconductor manufacturing methods.

Aeluma Announces Third Quarter Fiscal 2026 Financial Results

Aeluma, Inc. (NASDAQ: ALMU) reported its financial results for the third quarter of fiscal 2026 ended March 31, 2026. The company secured more than $4 million in contracts for quantum dot lasers and materials, and cash and cash equivalents totaled $37.8 million as of March 31, 2026. Revenue for the quarter was $1.2 million, primarily from R&D contracts, with a GAAP net loss of $1.8 million or $0.10 per share. Aeluma achieved its fiscal 2026 goal of three to seven new contracts, with six contracts to date totaling $5 million in value. The company also announced partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies for wafer production and fabrication.