Aeluma
ALMU · NASDAQ · Technology
$12.73
+$1.30 (+10.22%) today
Market Cap
$245.16M
24h Volume
$20.6M
P/E Ratio
0.0
52w High
$31.49
52w Low
$10.73
Est. AI Revenue
30%
7-Day Sparkline (Static)
Company facts
Performance
About Aeluma
Aeluma is a development-stage semiconductor company working on photonics and optoelectronics. Its core idea is growing compound semiconductor materials on large silicon wafers, which promises the performance of exotic materials at the cost and scale of standard chip manufacturing. Today most of its funding comes from government research contracts.
The lead application is quantum dot lasers on silicon for optical interconnects, the light-based links that move data between AI servers and switches. Aeluma also develops high performance photodetectors for sensing and communications. The company frames its commercial strategy around hyperscaler data center demand, alongside contract work for NASA and the Department of Defense.
Founded in 2019 by Jonathan Klamkin and headquartered in Goleta, California, Aeluma is a small team of about 12 employees and trades on the NASDAQ.
Aeluma in the AI buildout
Aeluma sits in the Networking layer and the Semiconductors layer of the AI buildout. Optical interconnects are a key bottleneck as AI clusters scale, and Aeluma's quantum dot lasers on silicon target exactly that link between servers, switches, and racks. The company is pre-commercial-scale, so its role today is technology development rather than volume supply. If its platform wins slots in transceiver and interconnect supply chains, it would feed the same data center demand driving the rest of the layer.
ALMU is tracked in Networking & Optics and Semiconductors, rated Strategic on the AI Exposure leaderboard.
By the numbers
52-week range
ALMU trades at $12.73, 10% of the way up its 52-week range of $10.73 to $31.49.
Market cap
Market capitalization is $245.16M, with an AI Exposure Score of 50 out of 100.
Next earnings
Aeluma is next expected to report earnings on November 11, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Aeluma do?
Aeluma develops semiconductor photonics technology, growing compound semiconductor materials on large silicon wafers. Its products in development include quantum dot lasers and photodetectors for optical communications and sensing. Most of its current work is funded by government research contracts.
How is Aeluma exposed to AI?
Its commercial strategy is built around optical interconnects for AI data centers, one of the clearest bottlenecks in scaling AI clusters. Supercycle rates it Strategic with an AI Exposure Score of 50 out of 100, capped because the company is still development stage.
Is Aeluma generating commercial revenue?
Aeluma is a development-stage company. Its funding today comes largely from government contracts with agencies such as NASA and the Department of Defense, and its data center products have not yet reached commercial-scale production. That makes execution risk a central part of the story.
Who leads Aeluma?
Co-founder Jonathan Klamkin, a photonics researcher at the University of California, Santa Barbara, serves as CEO. The company was founded in 2019 and is headquartered in Goleta, California, near the university, with a team of about 12 employees.
Is ALMU a pure play AI stock?
Not by Supercycle's definition. The thesis is almost entirely tied to AI data center photonics, but the company is pre-commercial, so its score sits in the Strategic tier rather than Pure Play until real product revenue arrives.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.