EMCORE and UR Group Join Forces at DSEI 2023 to Showcase Industry-Leading Inertial Navigation Product Portfolio
08 September 2023 - 7:00AM
EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent
provider of inertial navigation solutions to the aerospace and
defense industry, announced today that it will join forces with UR
Group at DSEI 2023, September 12-15 in London, England to showcase
one of the industry’s most comprehensive inertial navigation
product portfolios. DSEI is the premiere event to see the latest
products and innovations from the full spectrum of global defense
suppliers.
We invite you to visit us in Booth #H2-876. Register
today at
http://www.dsei.co.uk/register
EMCORE has expanded its inertial navigation product line
dramatically through its acquisitions in 2022 of the KVH inertial
navigation business and the advanced space and navigation division
products of L3Harris. Combined with EMCORE’s closed-loop Fiber
Optic Gyro (FOG) and MEMS-based inertial sensors, DSEI will be the
first major international defense industry event where these
product lines with be presented together. With this expanded
product offering, EMCORE now supports a very wide range of
applications spanning tactical, navigation, and strategic-grade
segments of the market.
“We are looking forward to joining our sales partner UR Group at
DSEI this year to showcase EMCORE’s expanded product line of
advanced inertial sensors and navigation systems,” said Matthew
Vargas, Vice President of Sales for EMCORE. “Our products feature
proprietary optoelectronics, Photonic Integrated Chip (PIC), Ring
Laser Gyro (RLG), and MEMS technologies, making them ideal for UAVs
and UUVs, manned aircraft and rotorcraft, missiles, guided bombs
and torpedoes, weapons stabilization and targeting, geolocation,
autonomous vehicles, spacecraft, and man-portable warfighter
applications.”
In sales partnership with UR Group, an international technology
provider of fully tailored customer-driven solutions, EMCORE is
forging a new era in navigation worldwide with leading-edge
products, expert application support, and technology guidance.
To learn more and schedule a meeting contact: EMCORE at
navigation-sales@emcore.com in U.S., or UR Group
at navigation@ur-group.com in the United Kingdom
and Europe. We look forward to the opportunity to meet with you to
discuss how our wide range of advanced navigation solutions can
support your initiatives.
About EMCORE EMCORE Corporation is a leading
provider of inertial navigation products for the aerospace and
defense markets. We leverage industry-leading Photonic Integrated
Chip (PIC), Quartz MEMS, and Lithium Niobate chip-level technology
to deliver state-of-the-art component and system-level products
across our end-market applications. EMCORE has
vertically-integrated manufacturing capability at its facilities in
Alhambra, CA, Budd Lake, NJ, Concord, CA, and Tinley Park, IL. Our
manufacturing facilities all maintain ISO 9001 quality management
certification, and we are AS9100 aerospace quality certified at our
facilities in Alhambra, Budd Lake, and Concord. For further
information about EMCORE, please visit https://www.emcore.com.
About UR GroupUR Group are an international
provider of advanced connectivity solutions in IP networking,
wireless, satellite, and fibre-optic-based applications. We
specialise in providing specialised, focused solutions in our key
markets of ITS, Defence, Industrial Automation, and Energy. We
partner world-class manufacturers to bring ruggedized, reliable
connectivity solutions with leading-edge technology which provides
measurable return on investment in our customer applications, every
time. Yet we understand technology alone is not enough. Through our
Technology Enablement model we combine this solutions portfolio
with customer-driven integrated services and internationally
located and technically enabled sales teams who are placed to
provide expert technology guidance. These specialist services are
designed to assist our customers in successful adoption of the
latest connectivity platforms, whatever the application demands.
This solutions-based package brings a combined perspective which
delivers real-life value to our customer programs. Our value
proposition is unique in the marketplace today.
Forward-looking statements: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,
goals and business prospects; the terms and conditions of the
proposed transaction, the timing of the execution of definitive
transaction documents, the expectation that the proposed
transaction will occur, and our expected revenue pursuant to last
time buys. 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) the rapidly evolving markets
for our products and uncertainty regarding the development of these
markets; (b) our historical dependence on sales to a limited number
of customers and fluctuations in the mix of products and customers
in any period; (c) the effect of component shortages and
uncertainties concerning the availability and cost of commodity
materials and specialized product components that we do not make
internally; (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)actions by competitors; and
(g) other risks and uncertainties discussed under Item 1A - Risk
Factors in our Annual Report on Form 10-K for the fiscal year ended
September 30, 2022, as updated by our subsequent periodic reports.
Forward-looking statements contained in this press release are made
only as of the date hereof, and EMCORE undertakes no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Contact:
EMCORE Corporation
Matthew VargasVice President of Sales (401) 408-4096
matthew_vargas@emcore.com
InvestorTom MinichielloChief Financial
Officer(626) 293-3400investor@emcore.com
MediaJoel CounterDirector, Corporate &
Marketing Communications(626) 999-7017media@emcore.com
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