Benzinga | Jan 25, 2022 08:34AM EST

EMCORE Awarded Continuing Development Contract For Navigation-Grade Inertial Measurement Units For Advance Tactical Pods

EMCORE Corporation (NASDAQ:EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that it has been awarded a continuing development contract by a major U.S. prime contractor to finalize the design and establish low-rate initial production processes to manufacture high-end Inertial Measurement Units (IMU) for Advanced Tactical Pods (ATP).

For this contract, EMCORE expects to deliver initial production units that will be used for proof of manufacturing and system level qualification beginning in 2022. This contract follows the $1.1M contract awarded to EMCORE in 2021 for the continued advancement of the customer's ATP program enabling them to demonstrate increased capabilities in support of their strategic rollout and growth initiatives for ATP.

ATP is an electro-optical targeting system housed in a single, lightweight pod designed for precision targeting, surveillance, and reconnaissance missions. This custom IMU will be based on EMCORE's proprietary closed-loop Fiber Optic Gyro (FOG) and quartz accelerometer technology that delivers proven CSWaP (Cost, Size, Weight, and Power) and performance advantages over other FOGs and competing technologies. The unique IMU configuration is designed to deliver navigation-grade performance in ATPs in GPS denied environments.

"We are extremely pleased to be selected by an important customer for this strategically significant program to develop a unique, high-performance IMU for this demanding application," said David Hoyh, EMCORE's Director of Sales & Marketing for navigation products. "EMCORE once again demonstrated its ability to quickly move through proof of design to satisfy the customer's program requirements for this complex IMU in support of an aggressive roll-out plan for the Advanced Tactical Pods."

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 navigation-sales@emcore.com; or visit us on the web: www.emcore.com/nav.