Aeluma Q1 FY27 net loss more than doubles year over year to $3.76 million
- Aeluma's first-quarter FY27 net loss more than doubled year over year to $3.76 million.
- Revenue fell 59% year over year to $568,000, generated primarily from R&D contracts.
- A purchase agreement with Aixtron will expand manufacturing capacity through a new 200 mm-capable MOCVD system.
- Negotiations continued with the U.S. Department of Commerce for up to $30 million in proposed CHIPS funding for AI photonics.
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