Aeluma and Department of Commerce Sign CHIPS Research & Development Office (CRDO) Letter of Intent for up to $30 Million to Accelerate U.S. Leadership in AI and Advanced Computing
Aeluma has signed a Letter of Intent with the Department of Commerce's CHIPS Research & Development Office for up to $30 million in funding. The funding is intended to advance the company's scalable non-InP substrate technology for AI datacom applications and help address supply chain constraints.
Why it matters — ALMU watchers would care because the potential $30 million in CHIPS Act funding could support the development of the company's AI datacom technology, marking a significant government endorsement of its approach.