Aeluma is trading 5.02% up now at $13.17 after announcing a strategic agreement with Sumitomo Chemical Advanced Technologies on September 15, 2026.
- The partnership will develop, qualify, and produce photonics wafers for AI datacom applications.
- Production will initially use SCAT’s Phoenix manufacturing capabilities, with provisions for expansion.
- Investors appear encouraged by potential production scale amid strong AI-photonics demand and constrained InP wafer supply.