Aeluma Inc (NASDAQ:ALMU) saw its stock jump 9% following announcements of new contracts with NASA and the U.S. Navy that are set to accelerate the advancement of its cutting-edge quantum and sensing technologies.
Under the NASA agreement, Aeluma will push forward the commercialization of entangled photon sources, a key component in the fields of quantum computing and secure communications. Recently, the company successfully integrated nonlinear optical materials on standard 200mm CMOS silicon wafers, paving the way for scalable quantum photonic circuits.
In parallel, the contract with the U.S. Navy focuses on developing compact, low SWaP (size, weight, and power) imaging sensors designed for future submarine systems. Aeluma’s innovative technology merges multi-spectrum visible and shortwave infrared sensing capabilities onto a single chip.
“We continue to build momentum in scaling our high-performance semiconductor platform for a diversity of applications across quantum, communications, and sensing,” said Jonathan Klamkin, Founder and CEO of Aeluma. “These contracts provide additional funding to accelerate development and commercialization, and to strengthen our relationships with government agencies, partners, and customers.”
Aeluma’s semiconductor technology blends the superior performance of compound semiconductors with the scalability and cost advantages of mainstream silicon manufacturing. This approach targets a wide range of markets, including mobile devices, AI, defense, aerospace, robotics, automotive, AR/VR, and quantum computing.
The company emphasized that both contracts align closely with its commercial strategy and roadmap to bring high-performance semiconductors to rapidly growing sectors.
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