GOLETA, CA / June 16, 2025 / Aeluma, Inc. $(ALMU)$, a leading semiconductor company, has announced a new contract with the U.S. Navy, securing up to $1.3 million in funding to accelerate the development and commercialization of high-speed photodetectors. This initiative also involves a major global interconnect manufacturer as a proposed subcontractor, along with support from a top-tier government prime contractor. The funding aims to advance Aeluma's large-scale semiconductor photodetectors, which are applicable to defense, aerospace, and AI infrastructure. Aeluma's technology is positioned to enhance next-generation optical interconnects by combining the performance of compound semiconductors with the scalability of mainstream silicon manufacturing, addressing high-growth markets such as mobile, AI, and quantum computing.
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