Under the agreement, EMCORE
will issue 3.7 million shares of restricted stock for the acquisition, with certain adjustments based on EMCORE
's stock price twelve months after the closing of the transaction.
The acquisition will reportedly enhance EMCORE
's presence in the telecomms market segment.
Sierra Nevada Corporation (SNC) has been presented a contarct to Emcore
Corporation to design and manufacture solar panels for SNC to be used on NASA's Cyclone Global Navigation Satellite System (CYGNSS).
As per the contract, EMCORE
will make solar panels using its most advanced ZTJ triple-junction solar cells.
The solar panels will feature EMCORE
s most cutting edge ZTJ triple-junction solar cells and will provide power to the InSight spacecraft.
Solar panels using Emcore
s ZTJ triple-junction solar cells will power the InSight spacecraft, which will be built and operated by Lockheed Martin Space Systems Company in Denver, CO, USA.
As per the contract, ATK will integrate Emcore
's solar panels into its UltraFlex solar arrays for the final flight configuration of the spacecraft.
Over the term of this new multi-year contract, EMCORE
expects to deliver Coverglass Interconnected Cells (CICs) incorporating its highest-efficiency ZTJ and ATJ solar cells for multiple satellite missions.
Corp of Albuquerque, NM, USA, which makes components, subsystems and systems for the fiber-optic and solar power markets, has been awarded a solar panel manufacturing contract by Orbital Sciences Corp for the spacecraft it is making for NASA's Ice, Cloud, and land Elevation Satellite-2 (ICESat-2) mission, which is targeted for launch in early 2016.
A major provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets EMCORE
Corporation has secured a solar panel production deal from Orbital Sciences Corporation for NASA's Ice, Cloud, and land Elevation Satellite-2 (ICESat-2) mission set for launch in early 2016.
(China), HP Enterprises (US), ON Semiconductor (US), Fujitsu Ltd (Japan), ZTE Corporation (China), Yokogawa Electric Corporation (Japan), Omron Corporation (Japan), Huawei Technologies (China), NEC Corporation (Japan), D-Link Corporation (Taiwan), Emcore
Corporation (US), Cisco Systems, Inc.
(NASDAQ: EMKR) unveils its next round of earnings this Thursday, August 8.