The semiconductor space continues to be particularly hot despite the recent cooling off, but there are some companies that may still be worth watching, and Aeluma Inc. (OTC:ALMU) could be one such prospect. The semiconductor company with a specialization across several lucrative sectors announced its financial results for the second fiscal quarter of 2025.
The Performance
In the fiscal quarter that ended on December 31, 2024, the company managed to bring in revenues of $1.6 million, which was a record and reflected a staggering growth of 500% year on year. In the news release, Aeluma also noted that the growth was a reflection of the continued growth enjoyed by the company in both commercial and government contracts. Another major breakthrough in the quarter was the bagging of a contract from NASA for the advancement of quantum dot photonic integrated circuits in AI and aerospace applications.
Further Details
In addition to the staggering growth in revenues, the company also managed to bring about considerable growth in the revenue pipeline thanks to a range of government and commercial contracts with high potential impact. Aeluma also noted that it filed two patents during the quarter. It may be a good time to keep an eye on the stock.
Management Commentary
“Aeluma’s second-quarter performance underscores the potential for our high-performance semiconductor technologies, with revenue reaching $1.6 million, driven by strategic execution of government and commercial contracts,” said Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma. “Our advancements in quantum dot photonic circuits and scalable sensing solutions position us as a leader in next-generation applications across AI, quantum computing, aerospace & defense, AR/VR, automotive, health, and mobile. With a strong IP portfolio and ongoing momentum, we are focused on scaling our business to meet the evolving needs of dynamic, high-growth markets.”
