-Emcore solar power flys in 100th satellite.
M2 EQUITYBITES-July 10, 2012--Emcore solar power flys in 100th satellite(C)2012 M2 COMMUNICATIONS http://www.m2.com
Fibre optice and solar power semiconductor provider Emcore Corp. (NASDAQ: EMKR) said it recently achieved its 100th successful satellite launch and deployment with primary power supplied by Emcore solar cells or solar panels.
In June, the 100th on-orbit spacecraft powered by Emcore solar equipment was launched. Built by Space Systems/Loral (NASDAQ: LORL) and powered by solar panels equipped with Emcore's high-efficiency multi-junction solar cells, the satellite will provide C- and Ku-band capacity for a variety of communications services.
"Completing 100 successful satellite launches is a tremendous milestone for Emcore and our space satellite solar business," said Christopher Larocca, chief operating officer for Emcore. "We are especially proud to have achieved this milestone with zero on-orbit failures. Emcore currently has a total of 120 more satellites under contract to be launched and powered by Emcore solar equipment over the next several years. We look forward to continued success in this segment by delivering innovative, high-performance solar technology to the satellite power market."
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|Date:||Jul 10, 2012|
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