Aeluma Inc(US:ALMU) Globenewswire·2026-02-11 21:30Core Viewpoint - Aeluma, Inc. is making significant progress towards commercialization of its semiconductor technologies, with increasing market engagement and a growing intellectual property portfolio [2][5][10]. Financial Performance - Revenue for Q2 2026 was $1.3 million, a decrease from $1.6 million in Q2 2025 and $1.4 million in Q1 2026, primarily driven by R&D contracts [10][17]. - GAAP net loss was $1.9 million, or ($0.11) per share, compared to a net loss of $2.9 million, or ($0.24) per share, in the same period last year [10][22]. - Cash and cash equivalents totaled $38.6 million as of December 31, 2025, up from $15.7 million at June 30, 2025 [10][21]. Strategic Initiatives - The company has ramped up engagements with foundry partners and is pleased with the performance and yield of wafers being tested [2][5]. - Aeluma has expanded its intellectual property portfolio to 35 issued and pending patents, with a focus on large-scale manufacturing of high-performance semiconductors [2][6]. - The company has received new contracts, including a NASA contract for quantum technology and a contract from RFSUNY for silicon photonics laser integration [4][5]. Market Engagement - Aeluma is experiencing increased interest in its scalable semiconductor platform across various sectors, including mobile, data centers, and defense [2][5]. - The company has strengthened relationships with manufacturing partners to accelerate production readiness [5][10]. - Aeluma's visibility in the market was enhanced through participation in industry conferences, showcasing its technology and engaging with potential customers [5][6]. Team Expansion - The appointment of Bouchaib (Bouch) Nessar as Senior Vice President of Business Development and Product is aimed at accelerating the go-to-market strategy [2][5]. - The company has expanded its business development and technical teams to support growth and operational scaling [10][22].