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Aeluma raises $20.1 million via ATM offering to fund AI photonics development

ALMUAeluma, Inc.

Aeluma, Inc. reported fourth quarter and full fiscal year 2026 financial results alongside strategic business updates. For Q4 ended June 30, 2026, revenue was $0.6 million with a net loss of $4.0 million ($0.22 per share). Full-year revenue totaled $4.5 million against a net loss of $9.2 million ($0.52 per share). The company raised $20.1 million in net proceeds from an at-the-market offering, bringing cash and equivalents to $56.0 million. Aeluma signed a letter of intent for up to $30 million under the CHIPS R&D Office program for AI photonics development and executed six new contracts totaling $5.3 million with customers including NASA and the U.S. Navy. The firm also announced partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies to expand wafer capacity. Aeluma, Inc. is a semiconductor company specializing in high-performance photonic and electronic technologies for AI, defense, aerospace, and quantum applications.

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