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Stock impact report

EMCORE Awarded a Contract to Design and Deliver Custom, High-Performance Navigation Grade Inertial Measurement Units

EMCORE Corporation (EMKR) 
Last emcore corporation earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.emcore.com/investor-relations
Company Research Source: GlobeNewswire
ALHAMBRA, Calif., Oct. 02, 2018 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s high-speed communication network infrastructures and leading-edge defense systems, announced today that it has been awarded a contract by a large U.S. Department of Defense (DOD) contractor to design and deliver several navigation grade Inertial Measurement Units (IMU) for incorporation into custom Inertial Navigation Systems (INS) early next year. These units will be used for system qualification and are expected to be a precursor to production orders following later in 2019. This navigation grade IMU will be based on technology developed for the EMCORE-OrionTM series of Fiber Optic Gyro (FOG)-based Micro Inertial Navigation Systems (MINAV). It will be designed to deliver the highest level of performance in EMCORE’s navigation systems product line with bias drift over temperature as low as 0.006 d Show less Read more
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