ALHAMBRA, CA, Sept. 15, 2022 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR), a number one supplier of superior mixed-signal merchandise that serve the aerospace & protection, communications, and sensing markets, introduced at this time that EMCORE’s inertial navigation group shall be joined for the first time by the inertial navigation group that EMCORE not too long ago acquired from KVH Industries, Inc. at the Institute of Navigation’s (ION) GNSS+ Conference, September 21-22 at the Hyatt Regency Denver in sales space #105. ION GNSS+ is the world’s largest technical assembly and showcase of GNSS expertise, merchandise, and providers.
On August 9, 2022, EMCORE acquired the KVH inertial navigation business turning into the largest impartial* inertial navigation supplier in the {industry}. GNSS+ shall be the first main navigation {industry} occasion the place these product traces with be introduced collectively. Combined with EMCORE’s closed-loop Fiber Optic Gyro (FOG) and MEMS-based inertial sensors, and the superior house and navigation merchandise of L3Harris, which EMCORE acquired on April 29, 2022, this shall be a showcase of one of the inertial navigation {industry}’s broadest product portfolios serving a variety of functions throughout the tactical, navigational, and strategic-grade segments of the market.
“We are very excited to showcase the combined capabilities of the advanced tactical FOG, IMU, INS, and TACNAV® products acquired from KVH with EMCORE’s closed-loop FOG, transceiver, and MEMS technologies, and the high-end navigation-grade artillery and radar positioning & pointing, and battlefield survey systems acquired from L3Harris,” commented Matthew Vargas, Director of Sales for EMCORE.
“EMCORE is now uniquely positioned to serve the broadest range of grade-level performance requirements and applications across the aerospace & defense, commercial, and industrial markets,” added David Wojciechowski
EMCORE’s Vice President of Sales, Marketing and Business Development. “We look forward to meeting you at GNSS+ to discuss how our wide range of advanced navigation solutions can support your initiatives.”
Additionally at GNSS+, EMCORE shall be giving a presentation by Arvind Srivastava, Ph.D. titled “Compact Navigation-Grade IMUs Based on Quartz MEMS Technology” in Session E3 at 8:35 a.m. on Thursday, Sept. 22.
For additional data on EMCORE’s full line of navigation and inertial sensing merchandise, and to schedule a gathering at GNSS+, name +1 866-234-4976 or e-mail [email protected].
*All gross sales are to unaffiliated third-party clients.
About EMCORE
EMCORE Corporation is a number one supplier of superior mixed-signal merchandise that serve the aerospace & protection, communications, and sensing markets. Our best-in-class elements and techniques assist a broad array of functions together with navigation and inertial sensing, protection optoelectronics, broadband communications, optical sensing, and specialty chips for telecom and knowledge middle. We leverage industry-leading Photonic Integrated Chip (PIC), Quartz MEMS, Lithium Niobate, and Indium Phosphide chip-level expertise to ship state-of-the-art element and system-level merchandise throughout our end-market functions. EMCORE has vertically-integrated manufacturing functionality at its amenities in Alhambra, CA, Budd Lake, NJ, Concord, CA, and Tinley Park, IL. Our manufacturing amenities keep ISO 9001 high quality administration certification, and we’re AS9100 aerospace high quality licensed at our amenities in Budd Lake and Concord. For additional details about EMCORE, please go to https://www.emcore.com.
Forward-looking statements:
The data supplied herein could embody forward-looking statements inside the that means of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements embody statements concerning EMCORE’s plans, methods, business prospects, progress alternatives, adjustments, and traits in our business and growth into new markets. These forward-looking statements are based mostly on administration’s present expectations, estimates, forecasts, and projections about EMCORE and are topic to dangers and uncertainties that might trigger precise outcomes and occasions to differ materially from these said in the forward-looking statements, together with with out limitation, the following: (a) uncertainties concerning the results of the COVID-19 pandemic and the impression of measures meant to scale back its unfold on our business and operations, which is evolving and past our management; (b) the quickly evolving markets for EMCORE’s merchandise and uncertainty concerning the improvement of these markets; (c) EMCORE’s historic dependence on gross sales to a restricted quantity of clients and fluctuations in the combine of merchandise and clients in any interval; (d) delays and different difficulties in commercializing new merchandise; (e) the failure of merchandise: (i) to carry out as anticipated with out materials defects, (ii) to be manufactured at acceptable volumes, yields, and value, (iii) to be certified and accepted by our clients, and (iv) to efficiently compete with merchandise provided by our rivals; (f) uncertainties regarding the availability and value of commodity supplies and specialised product elements that we don’t make internally; (g) actions by rivals; and (h) different dangers and uncertainties mentioned beneath Item 1A – Risk Factors in our Annual Report on Form 10-Ok for the fiscal yr ended September 30, 2021, as up to date by our subsequent periodic experiences. Forward-looking statements contained on this press launch are made solely as of the date hereof, and EMCORE undertakes no obligation to replace or revise the forward-looking statements, whether or not because of this of new data, future occasions or in any other case.
Contact:
EMCORE Corporation
David Wojciechowski
Vice President of Sales, Marketing and Business Development
(626) 293-3715
[email protected]
Investor
Tom Minichiello
Chief Financial Officer
(626) 293-3400
[email protected]
Media
Joel Counter
Director, Corporate & Marketing Communications
(626) 999-7017
[email protected]
