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Added to YB: 2025-09-18

Pitch date: 2025-09-16

ALMU [bullish]

Aeluma, Inc.

+0.65%

current return

Author Info

RICHARD PRATI has 40 years of experience in equity analysis & investment, 20 years on Wall Street, CEO & Co-founder, American Technology Research, Inc., Public & Private Equity. Vanderbilt, BS Economics. MBA - U Rochester. Sign up for the newsletter.

Company Info

Aeluma, Inc. develops optoelectronic and electronic devices in the United States. The company manufactures semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics.

Market Cap

$233.6M

Pitch Price

$16.94

Price Target

25.00 (+47%)

Dividend

N/A

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
You Can't Buy Lightmatter, or, For That Matter, Anduril, but You Can Buy Aeluma

ALMU: Photonics tech scaling InGaAs onto silicon wafers, 20 customer engagements across defense/AI/mobile, 4 foundry partnerships (vs 2 expected). DARPA/NASA validated $15M+ contracts. Conservative FY26 $4-6M rev guidance masks commercial inflection. Craig-Hallum $20 PT, Benchmark $25 PT. SAM $4.9B by 2030.

Read full article (9 min)