Aeluma's Paths To El Dorado: AI/Quantum, Robotics, Self-Driving, Defense, Consumer, And A Great Team

May 21, 2025 8:29 AM ETAeluma, Inc. (ALMU) StockALMU14 Comments
Prati Management
4.12K Followers
(19min)

Summary

  • Aeluma’s breakthrough: compound semiconductors on large substrates allowing cheaper and scalable InGaAs LiDar and quantum dot laser photonics, unlocking consumer, automotive, AI/Quantum compute, robotics, and defense markets.
  • World-class team/seeders, including industry legends and a Nobel laureate, provide incremental conviction for my bullish view on this company.
  • DARPA, NASA, Navy, DOE, and Office of the Secretary of Defense grants offer technical validation and a glimpse of yet unnamed future business lines.
  • With zero cash burn, a $1.8B revenue target by 2030, and multiple high-growth pathways, ALMU offers highly asymmetric upside at today’s valuation of only $200 million.
  • •Aeluma is poised for re-rating higher with likely catalysts including Russell index inclusion, sell-side coverage, increased investor awareness, and commercial announcements imminent.

Powering Intelligence: AI Over a Grid of Technology

J Studios

This research analysis report is a follow-up on my introductory article to Aeluma (NASDAQ:ALMU) (Aeluma: A Semiconductor Company With Game-Changing Potential; DARPA/NASA Think So). This article outlines the multiple pathways and potential end markets likely to

This article was written by

4.12K Followers
Richard Prati has nearly 40 years of equity analysis and investment experience and spent nearly 20 years on Wall Street in various positions including the co-founding of American Technology Research and ultimately selling the company in 2008. Experience in public and private global equity analysis and investing. BS in Economics from Vanderbilt and MBA from the University of Rochester.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ALMU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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