Aeluma, Inc. (ALMU)

Aeluma, Inc. is a semiconductor company that develops high-performance optical sensors and photonic devices. Its approach is to grow compound semiconductor materials, such as indium gallium arsenide, on large-diameter silicon substrates, aiming to combine the performance of specialty sensor materials with the scale and cost advantages of mainstream silicon manufacturing.

The company targets applications including short-wave infrared imaging, lidar and sensing for automotive and mobile devices, defense and aerospace systems, communications, and AI infrastructure. It works with government agencies and commercial partners on development programs while building out its product lines.

Aeluma is headquartered in Goleta, California, where it operates its own semiconductor fabrication facility.