EMCORE Enters into Agreement to Design a Custom, High-Performance Inertial Measurement Unit and Deliver Flight Demonstration Hardware

Emcore Corporation (NASDAQ:EMKR), a leading provider of advanced mixed signal optics products announced that it has entered into an agreement with a major US prime contractor in the defense industry to design innovative Inertial Measurement unit (IMU).

As quoted in the press release:

As part of this contract EMCORE has agreed to deliver flight demonstration hardware by the end of this year to support flight testing early next year. This agreement is expected to be a precursor to a production contract estimated at several hundred units per year starting in 2020 and beyond.

“We are extremely pleased to be selected for this program to develop a high-performance IMU for a next-generation targeting pod on fighter aircraft,” said David Faulkner, EMCORE’s Vice President and General Manager of Aerospace & Defense. “EMCORE demonstrated the versatility to configure its IMU technology to be distributed within the customer’s tight volume and space constraints, which was integral to being selected for this program,” added Mr. Faulkner.

This unique IMU will be designed to deliver the highest level of performance in EMCORE’s tactical IMU product line. EMCORE’s IMU technology features advanced, next-generation integrated optics combined with the Company’s all new Field Programmable Gate Array (FPGA) electronics to deliver higher accuracy, lower noise, greater efficiency, improved drift stability and higher linearity than competing technologies. It leverages EMCORE’s Mixed-SignalOpticscapability where both analog and digital circuits are combined on multiple chips, or even a single chip.

“This agreement with one of our most important customers is another key design win for our Navigation business,” commented Jeffrey Rittichier, EMCORE’s President and CEO. “It further demonstrates the value of our Mixed-SignalOptics strategy that enables the versatility to customize our products to meet very specific customer demands. We are honored to be selected for this program,” added Mr. Rittichier.

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