EMCORE Awarded $1.1M Development Contract for High-End Tactical-Grade Inertial Measurement Unit
This custom IMU will be based on EMCORE’s proprietary closed-loop Fiber Optic Gyro (FOG) technology that delivers proven CSWaP (Cost, Size, Weight, and Power) and performance advantages over other FOGs and competing technologies. It is designed to deliver the highest level of performance in EMCORE’s tactical IMU product line, exceeding EMCORE’s EN-300. EMCORE’s FOG IMU technology delivers 10X the bias performance of legacy systems in compact form, fit, and function compatible packages.
“We are extremely pleased to be selected for this program to develop a high-performance IMU for these demanding applications,” said
“This agreement with one of our most important customers is another key design win for our Navigation business,” commented
We would welcome a deeper engagement with technical teams around the world to explore how our current and upcoming products could meet your needs for guidance, navigation, and control. For further discussion and specifications, call +1 866-234-4976; e-mail: firstname.lastname@example.org; or visit us on the web: www.emcore.com/nav.
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include statements regarding EMCORE's plans, strategies, business prospects, growth opportunities, changes, and trends in our business and expansion into new markets. These forward-looking statements are based on management's current expectations, estimates, forecasts, and projections about EMCORE and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements, including without limitation, the following: (a) uncertainties regarding the effects of the COVID-19 pandemic and the impact of measures intended to reduce its spread on our business and operations, which is evolving and beyond our control; (b) the rapidly evolving markets for EMCORE's products and uncertainty regarding the development of these markets; (c) EMCORE's historical dependence on sales to a limited number of customers and fluctuations in the mix of products and customers in any period; (d) delays and other difficulties in commercializing new products; (e) the failure of new products: (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, (iii) to be qualified and accepted by our customers, and (iv) to successfully compete with products offered by our competitors; (f) uncertainties concerning the availability and cost of commodity materials and specialized product components that we do not make internally; (g) actions by competitors; and (h) other risks and uncertainties discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K for the fiscal year ended
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Source: EMCORE Corporation