Aeluma, Inc. engages in the business of developing novel optoelectronic devices for sensing and communications applications. The company is headquartered in Goleta, California. The company went IPO on 2022-07-26. The firm is engaged in manufacturing devices using high-performance compound semiconductor materials on large-diameter substrates that are commonly used to manufacture mass market microelectronics. This enables manufacturing of high-performance photodetectors and photodetector array circuits for imaging applications in mobile devices, as well as other technologies. This technology has the potential to enhance the performance and capability of camera image sensors, light detection and ranging (LiDAR), augmented reality/virtual reality (AR/VR), facial recognition, and other applications. Its potential markets include automotive LiDAR, industrial LiDAR, robotics, mobile, AR/VR, AI, communications, and defense and aerospace.