Aeluma Secures $5 Million in Contracts, Reports $1.8 Million Q3 Loss
Aeluma reported fiscal Q3 revenue of $1.2 million, a GAAP net loss of $1.8 million and $37.8 million in cash as of March 31, 2026. The company secured six contracts worth $5 million—including $4 million from government agencies—received a NASA award for integrated quantum dot lasers and formed wafer partnerships with Tower Semiconductor and Sumitomo Chemical.
1. Q3 Financial Results
Aeluma generated $1.2 million in Q3 revenue, primarily from R&D contracts, compared with $1.3 million a year earlier. GAAP net loss was $1.8 million ($0.10 per share) and adjusted EBITDA loss was $911 thousand, while cash reserves stood at $37.8 million as of March 31, 2026.
2. Contract Wins and Strategic Awards
The company secured six new contracts totaling $5 million, including over $4 million from U.S. government agencies to accelerate its heterogeneous integration platform for lasers and high-speed datacom. Aeluma also received NASA funding to advance commercialization of integrated quantum dot lasers for silicon photonics.
3. Partnerships, Leadership and IP Expansion
Aeluma formed wafer production partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies to enable scaling, and added vice presidents for Materials Operations and Strategic Partnerships. The intellectual property portfolio now comprises 36 issued and pending patents.
4. Guidance and Strategic Outlook
For fiscal 2026 the company narrowed revenue guidance to $4.2–$4.6 million from a prior range of $4.0–$6.0 million due to contract execution delays. Strategic priorities emphasize manufacturing readiness, commercialization scaling and continued non-dilutive funding through R&D contracts.