Aeluma Inc. $(ALMU)$, a semiconductor company specializing in high-performance and scalable technologies, reported its financial results for the first quarter of fiscal 2026, ended September 30, 2025. The company closed the quarter with $38 million in cash and no long-term debt. During the quarter, Aeluma executed a new research and development contract with NASA focused on quantum systems for space applications. The company increased its outsourced wafer fabrication activities nearly five-fold and acquired new equipment to expand in-house test and validation capacity. Additionally, Aeluma hired experienced professionals to fill key manufacturing and engineering positions, including Director of Supply Chain Manufacturing and Director of Technology Enablement.