New Award to Develop Foundry-Compatible Quantum Materials Leveraging Aeluma's Large-Scale Semiconductor Technology
GOLETA, CA / ACCESSWIRE / February 8, 2024 / Aeluma, Inc. (OTCQB:ALMU), a semiconductor company specializing in scalable, cost-effective technologies for LiDAR (light detection and ranging), communication, and sensing, announced today that it has been awarded funding from the U.S. Office of Secretary of Defense to develop foundry-scale, CMOS-compatible quantum materials.
"Aeluma's core technology combines high-performance semiconductors with cost-effective, scalable manufacturing," said Aeluma's Director of Technology, Matthew Dummer, Ph.D. "This funding award provides further validation that our technology and offerings are broadly applicable and that demand for high-performance semiconductors is high."
Aeluma recently announced two wins to apply its technology to defense and aerospace applications. These achievements are important for recognition purposes, as well as the revenue they generate for Aeluma. While the company continues to market to large-volume, emerging commercial applications including automotive and mobile, these early awards hint at other potential large-scale applications of its ground-breaking technology. The award announced today focuses on quantum and communication applications, with particular emphasis on scaling to be compatible with large-diameter substrates and CMOS manufacturing, themes that are central to Aeluma's pioneering technology.
About Aeluma, Inc.
Aeluma (www.aeluma.com) develops novel optoelectronics for sensing and communication applications. Aeluma has pioneered a technique to manufacture semiconductor chips using high-performance compound semiconductor materials on large-diameter substrates that are commonly used for mass-market microelectronics. The technology has the potential to enhance performance and scale manufacturing, both of which are critical for emerging applications. Aeluma is developing a streamlined business model from its headquarters in Santa Barbara, California that has a state-of-the-art manufacturing cleanroom. Its transformative semiconductor chip technology may impact a variety of markets including automotive LiDAR, mobile, defense & aerospace, AR/VR, AI, quantum, and communication. Aeluma differentiates itself with unique semiconductor manufacturing capability, proprietary technology, the ability to perform rapid prototyping, and a broad set of product offerings.
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Company Contact:
Aeluma, Inc.
(805) 351-2707
[email protected]
Investor Contact:
Bishop IR
Mike Bishop
(415) 894-9633
[email protected]
SOURCE: Aeluma, Inc.