Slide 1: Investor Presentation
Investor Presentation NASDAQ September 2025 ALMU © Aeluma, Inc. All Rights Reserved.
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains summary information about Aeluma, Inc. (“Aeluma”) as of the date hereof. The information in this presentation is of general background and contains an overview and summary of certain data selected by the management of Aeluma. It does not purport
Slide 3: Aeluma vision
Aeluma vision: Build the world’s highest performance semiconductor chips with scalable and cost-effective manufacturing. © Aeluma, Inc. All Rights Reserved.
Slide 4: At a Glance
At a Glance Aeluma develops high-performance semiconductors that scale for multiple large and growing markets. NASDAQ ALMU Headquarters: Goleta/Santa Barbara, California Share Price1 $14.26 Market Cap.1 ~$225M Team: ~15 Shares Outstanding1 ~15.8M 1At March 31, 2025 $3.6B SAM in 2030 SAM growing from
Slide 5: Background Story: Gallium Nitride (GaN) and the Blue LED
Background Story: Gallium Nitride (GaN) and the Blue LED An example materials breakthrough that enabled an industry and more “These won’t ever replace the kitchen light.” The blue LED revolutionized lighting and displays, and gallium nitride “The research is a waste of money.” broadly impacted many
Slide 6: Aeluma's Indium Gallium Arsenide (InGaAs) Breakthrough
Aeluma’s Indium Gallium Arsenide (InGaAs) Breakthrough Best-in-class materials with scalable manufacturing “InGaAs on silicon won’t work, people have tried.” InGaAs is the best material for shortwave infrared (SWIR) applications, “You can’t grow quantum dots by MOCVD.” impacting defense & aerospace,
Slide 7: Aeluma's Breakthrough in Semiconductor Manufacturing
Aeluma’s Breakthrough in Semiconductor Manufacturing Best-in-class materials on large-diameter substrates The World’s First 12-inch Indium Phosphide on Silicon Wafer Aeluma (2022) © Aeluma, Inc. All Rights Reserved. Source of SWIR sensor image: https://www.flir.com/support/products/swir-ingaas-fpa/
Slide 8: Aeluma's Technology Breakthrough
Aeluma’s Technology Breakthrough Scalable, cost-effective manufacturing enabled by cutting-edge intellectual property Aeluma high-performance InGaAs with silicon manufacturing Conventional manufacturing of InGaAs semiconductor devices Moving from 3-inch to 12-inch wafers 16X wafer area Not scalable,
Slide 9: Aiming to Service a Broad Market
Aiming to Service a Broad Market High-performance semiconductors that scale Mobile, Tablet, PC, Defense and AI, Data Center Automotive Industrial and and AR/VR Aerospace Interconnects, and Quantum Robotics • Mobile phone • 3D Imaging and LiDAR • AI • Consumer vehicles • Robotics • Tablet • Security
Slide 10: Why Aeluma and Why Now?
Why Aeluma and Why Now? Better performance preferred for mass markets Market Vertical Example: Shortwave Infrared (SWIR) Sensors for Mobile and Consumer What is SWIR? SWIR sensors needed for eye safety and other benefits Radical approach required to scale and reduce cost VIS: visible; NIR: near infr
Slide 11: Manufacturing for a Mass Market
Manufacturing for a Mass Market Aeluma’s large-diameter manufacturing economies of scale Aeluma’s Large-Diameter Wafer Platform Manufacturing Capacity Bottleneck: Producing 20 million sensor chips for consumer market Substrate Wafers Typical fab size required for capacity 20m sensor chips 3-inch 425
Slide 12: Aeluma Outperforms the Competition
Aeluma Outperforms the Competition Technology Comparison Aeluma’s is the only known technology that combines proven, high-performance InGaAs with scalable, cost- effective silicon manufacturing, thereby overcoming the cost-performance tradeoff. Note: Outcomes cannot be guaranteed. Metrics provided f
Slide 13: Technology Portfolio
Technology Portfolio • Detector Arrays • Large-area Detectors • Quantum Dot Lasers • Quantum Photonics • Nano-scale Semiconductors © Aeluma, Inc. All Rights Reserved. 13
Slide 14: Custom Detector Arrays
Custom Detector Arrays SWIR Detector Arrays for Active and Passive Imaging Product Offering Features Evaluation Board Focal Plane Array Assembly • Low dark current photodetector arrays manufactured with large-diameter substrate platform • Pixel and array size customizable • Typical array sizes: 128X
Slide 15: Large-Area Detectors
Large-Area Detectors High sensitivity, low dark current and high speed detectors for SWIR and XSWIR Product Offering Features Bare Die TO Package • Typical Photosensitive Diameter (D): 0.25 to 5.0mm • Typical Operating Wavelength (): 0.95 to 1.55m • Device: PIN, APD or SPAD • Format: Bare die or m
Slide 16: Quantum Dot Lasers for Silicon Photonics
Quantum Dot Lasers for Silicon Photonics Optical Interconnects for AI, DCI and HPC AI Market: $826B in 20301 Silicon photonics market: $8B in 20302 12-inch Silicon Photonics Wafer with Aeluma Materials Quantum Dot Lasers 12-inch Wafer in Growth Chamber 12-inch Wafer Under Test Lasers for Silicon Pho
Slide 17: Quantum Computing with Photonics
Quantum Computing with Photonics Nonlinear Optical Materials with Heterogeneous Integration Quantum computing market: $20B in 20301 Quantum Photonic Circuits Adding III-Vs to SOI silicon photonics platform AlGaAs-on-Insulator following hybrid wafer bonding and substrate removal Nonlinear III-V devic
Slide 18: Future Advanced-Node Semiconductors
Future Advanced-Node Semiconductors Heterogeneous Integration of III-V Materials on Silicon CMOS Semiconductor market: $1T in 20301 1www.digitimes.com © Aeluma, Inc. All Rights Reserved. 18
Slide 19: Aeluma's Cost-Effective and Scalable Manufacturing
Aeluma’s Cost-Effective and Scalable Manufacturing Transitioning to Commercialization 12-inch wafer capability Rapid prototyping and small- Partners for medium- and large- volume manufacturing volume manufacturing Combining rapid prototyping capabilities and volume manufacturing partners, Aeluma is
Slide 20: Leadership Team
Leadership Team Vision, Entrepreneurship, and Expertise Senior Management Board Members Jonathan Klamkin, PhD Founder, CEO & Steven DenBaars, PhD Director Seed Investor & Director Christopher Stewart CFO John Paglia, PhD Director Matthew Dummer, PhD Director of Technology Craig Ensley Director Inves
Slide 21: info@aeluma.com www.aeluma.com
info@aeluma.com | www.aeluma.com © Aeluma, Inc. All Rights Reserved.