TechAeluma’s fiscal Q4 cash and equivalents reportedly rise to $56 million
Pulse 2 reports an increase from $37.8 million the previous quarter, giving the semiconductor company more resources for manufacturing, product development and commercialization.
TLDR
Aeluma ended its fiscal fourth quarter with $56 million in cash and cash equivalents, up from $37.8 million in the prior quarter, Pulse 2 reports. The report says the increase gives Aeluma additional resources to expand manufacturing capacity, develop products and support commercialization efforts in AI data communications and advanced computing.
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Aeluma’s fiscal Q4 cash and equivalents reportedly rise to $56 million
Pulse 2 reports an increase from $37.8 million the previous quarter, giving the semiconductor company more resources for manufacturing, product development and commercialization.
TLDR
Aeluma ended its fiscal fourth quarter with $56 million in cash and cash equivalents, up from $37.8 million in the prior quarter, Pulse 2 reports. The report says the increase gives Aeluma additional resources to expand manufacturing capacity, develop products and support commercialization efforts in AI data communications and advanced computing.