This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

EMCORE Awarded Solar Panel Manufacturing Contract By ATK For AMOS-6 Telecom Satellite

ALBUQUERQUE, N.M., Oct. 10, 2012 (GLOBE NEWSWIRE) -- 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 for the AMOS-6 commercial telecommunications satellite planned for launch in early 2015. Solar panels populated with EMCORE's most advanced ZTJ triple-junction solar cells will power the AMOS-6 spacecraft manufactured by Israel Aerospace Industries (IAI).

AMOS-6, operated by Spacecom, is to be co-located at the 4˚W orbital position with AMOS-2 and AMOS-3. It will provide steerable Ku-band with Pan-European and Middle East coverage, and a Ka-band beam for broadband services in Africa and Europe. The AMOS satellite fleet, beginning with the AMOS-1 in 1996, provides broadcasting and communications services to DTH (Direct-To-Home) television operators, TV broadcasters and programmers, government and corporate organizations, and VSAT (Very Small Aperture Terminal) network operators.

"We are excited about this opportunity to adapt our space-proven modular PUMA array, from GPS IIF and Orbital's Star2 GEO line, to provide power to IAI's AMOS-6 satellite for Spacecom," said Dave Messner, Vice President and General Manager of ATK Deployables business in Goleta, CA. "We look forward to delivering over 10kW of end-of-life power using EMCORE's solar cell technology to enable another successful satellite mission." 

"This is an important award for EMCORE. The manufacture of the AMOS-6 solar panels will reinforce our heritage in the telecom satellite business and allow us to pursue future opportunities in that market," said Brad Clevenger, General Manager of EMCORE's Photovoltaics Division. "EMCORE greatly values our long-standing business relationship with ATK, and we are extremely honored to receive this award. We look forward to working with ATK on the AMOS-6 mission."

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.  EMCORE's proven manufacturing capability, technology leadership, and high-reliability solar panels make us the supplier of choice for demanding spacecraft power systems.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs