EMCORE Awarded Solar Panel Manufacturing Contract by ATK for Orbital's Commercial Resupply Services (CRS) Missions
2011年12月5日 - 10:28PM
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound
semiconductor-based components and subsystems for the fiber optic
and solar power markets, announced today that it has been awarded a
solar panel manufacturing contract by ATK (NYSE:ATK) to utilize ZTJ
solar cells in the new lightweight and highly-efficient ATK
Ultraflex solar arrays. The solar panels will be used to power
cargo delivery spacecraft for Orbital Sciences Corporation's
Commercial Resupply Services (CRS) missions to the International
Space Station (ISS).
Under contract with NASA, Orbital will provide cargo logistics
support services to the ISS, beginning in 2012. EMCORE's solar
panels will be assembled into deployable solar arrays by ATK's
Solar Arrays and Deployables business based in Goleta,
California. The arrays will then be delivered to Orbital
Sciences Corporation for integration into their Cygnus space
vehicles.
"Coupling EMCORE's heritage of providing highly-efficient and
reliable photovoltaics with ATK's lightweight Ultraflex solar array
design will result in a winning solution to produce the most
advanced and reliable power to ensure Orbital's Cygnus spacecraft
is the long-term solution for the automated transport of goods to
the International Space Station for many years to come," said Dave
Messner, General Manager of ATK's Solar Arrays and Deployables
business.
"EMCORE values our long-standing business relationship with ATK
and we are extremely honored to receive this award," said
Christopher Larocca, Chief Operating Officer for EMCORE. "Our
proven manufacturing capability, technology leadership and
high-reliability solar panels make EMCORE the supplier of choice
for demanding spacecraft power systems. We look forward to
working with ATK to support Orbital and NASA for these important
missions."
EMCORE is the world's leading manufacturer of highly-efficient
radiation-hard solar cells for space power applications. With
a beginning-of-life (BOL) conversion efficiency nearing 30% and the
option for a patented, onboard monolithic bypass diode, EMCORE's
industry leading multi-junction solar cells provide the highest
available power to interplanetary spacecraft and earth orbiting
satellites.
About EMCORE
EMCORE Corporation offers a broad portfolio of compound
semiconductor-based products for the broadband, fiber optic,
satellite and solar power markets. EMCORE's Fiber Optic segment
offers optical components, subsystems and systems for high-speed
data and telecommunications networks, cable television (CATV) and
fiber-to-the-premise (FTTP), as well as specialty photonics
technologies for defense and homeland security applications.
EMCORE's Photovoltaic segment provides products for both satellite
and terrestrial applications. For satellite applications, EMCORE
offers high-efficiency Gallium Arsenide (GaAs) solar cells, Covered
Interconnect Cells (CICs) and panels. For terrestrial applications,
EMCORE is adapting its high-efficiency GaAs solar cells for use in
solar concentrator systems. For further information about EMCORE,
visit http://www.emcore.com.
About ATK
ATK is an aerospace, defense, and commercial products company
with operations in 22 states, Puerto Rico, and internationally with
revenues of approximately $4.8 billion. ATK is the world's
leading provider of outsourced solar arrays for
spacecraft. News and information can be found at
www.atk.com.
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 forward-looking statements include, but are not
limited to, any statement or implication that the contract
described in this press release will be successfully completed.
Such forward-looking statements involve risks and uncertainties
that, if realized, could materially impair the Company's results of
operations, business, and financial condition. These risks and
uncertainties include, but are not limited to, (a) the termination
for convenience of the contract for the CRS mission, which is
permitted by the terms of that contract, and (b) factors discussed
in more detail under "Risk Factors" and "Management's Discussion
and Analysis of Financial Condition and Results of Operations" in
the company's SEC filings. Forward-looking statements contained in
this press release are made only as of the date hereof, and the
company 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
Mark Weinswig
Chief Financial Officer
(505) 332-5000
investor@emcore.com
TTC Group
Victor Allgeier
(646) 290-6400
vic@ttcominc.com
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