GlobeNewswire·Sep 16, 2026, 4:30 PM ET

Aeluma Announces Fourth Quarter and Full Fiscal Year 2026 Financial Results

ALMU

Aeluma signed a Letter of Intent with the Department of Commerce CHIPS R&D Office for up to $30 million to develop photonics for AI & advanced computing.
The company executed a strategic agreement with Sumitomo Chemical Advanced Technologies to expand wafer capacity & relationships.
New partnerships were established with Tower Semiconductor to support qualification & scaling efforts.
Aeluma is procuring additional MOCVD tools to increase production capacity for non-indium-phosphide platforms.
The workforce expanded from 14 to over 30 employees, including new leadership in engineering, program management, & project management.
Six new contracts totaling $5.3 million were secured from customers including NASA & the U.S. Navy.
Advanced customer discussions are underway for multi-million-dollar non-recurring engineering negotiations focused on AI datacom photonics.
Cash & cash equivalents reached $56.0 million after raising $20.1 million through an at-the-market offering.
Fiscal Q4 2026 revenue was $0.6 million, down from $1.3 million in the prior year quarter.
Fiscal Q4 2026 net loss was $4.0 million, compared to a $0.9 million loss in the same period last year.
Full-year 2026 revenue totaled $4.5 million, slightly down from $4.7 million in the prior year.
Full-year 2026 net loss increased to $9.2 million from $3.0 million in the prior year due to strategic investments.
The company's annual stockholder meeting is scheduled for November 19, 2026.
Stockholder proposals or director nominations must be submitted to the corporate secretary by September 26, 2026.