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-0.00210526315789469 -0.00210526315789469 -0.00210526315789469 -0.0292 -0.00842105263157895 0.0094736842105263 -0.00631578947368408 -0.00421052631578938
Stock impact report

EMCORE Awarded Inertial Navigation Systems Contract for Maritime Systems Application

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. 01, 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 valued at over $4 million to design and manufacture navigational grade Inertial Navigation Systems (INS) for a maritime systems application. This new INS will be based on the EMCORE-OrionTM series of navigators which incorporate EMCORE’s latest generation Fiber Optic Gyroscope (FOG) technology. It is designed to be a Form, Fit and Function (FFF) replacement for legacy LN-100 units used in this application. As part of the contract EMCORE expects to deliver initial production units that will be used for qualification.  “We are extremely pleased to be selected for this program to develop a navigator for this application,” said David Faulkner, EMCORE’s Vice President an Show less Read more
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