Aeluma, Inc. ( (ALMU) ) has released its Q1 earnings. Here is a breakdown of the information Aeluma, Inc. presented to its investors.
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Aeluma, Inc. is a transformative semiconductor company specializing in high-performance photonic and electronic technologies, with a focus on scalable manufacturing for mass market microelectronics. The company operates in sectors such as AI, defense, aerospace, and more, with state-of-the-art R&D and manufacturing capabilities.
In its first quarter of fiscal 2026, Aeluma reported significant progress in strategic priorities, including a strong financial position with $38 million in cash and no long-term debt. The company also initiated a new contract with NASA and increased its manufacturing readiness, while expanding its team with key hires.
Financially, Aeluma’s revenue for the quarter was $1.4 million, primarily from R&D contracts, marking a substantial increase from $481 thousand in the same quarter of 2024. Despite a GAAP net loss of $1.5 million due to higher operational costs, the company maintains a solid cash position, having raised significant capital to support its growth initiatives.
Looking forward, Aeluma aims to continue its momentum by securing new contracts, expanding its team, and enhancing manufacturing capabilities. The company remains focused on executing its go-to-market strategy to drive long-term shareholder value, with a revenue forecast of $4.0 million to $6.0 million for fiscal 2026.