EMCORE Awarded SDI500 IMU Contract by Raytheon Technologies for MK 54 Torpedo Program

The contract is valued at $3.6 Million

ALHAMBRA, Calif., Aug. 31, 2020 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, announced today that it has been awarded a contract by Raytheon Technologies valued at $3.6 million to deliver SDI500 IMUs (Inertial Measurement Units) for the MK 54 lightweight torpedo program. The units are expected to be delivered by September 2021.

MK 54 is an advanced anti-submarine torpedo designed and developed by Raytheon Integrated Defense Systems in collaboration with the U.S. Navy. It can be launched from surface ships, fixed-wing aircraft, and helicopters for use in both deep and shallow waters and in various acoustic environments. MK 54 can track, classify, and attack underwater targets using sophisticated processing algorithms to analyze information, edit out false targets or countermeasures, and then pursue identified threats.

EMCORE’s COTS (Commercial Off-The-Shelf) SDI500 IMU delivers true tactical grade performance with <1º/hr bias stability across a full temperature range with class leading 0.02º/√hr angle random walk and 1 mg accelerometer bias performance. The compact, low power, high-quality SDI500 IMU enables superior guidance and control of the MK 54 torpedo during in-water maneuvers, plus improves system cost-effectiveness, reduces obsolescence, and increases sustainability for Raytheon and its customers.

“We have a long, proud history supporting Raytheon’s important defense programs at EMCORE, and previously at Systron Donner Inertial. Raytheon played a big part in helping Systron deliver 5,000 SDI500 tactical grade IMUs to customers globally,” said David Hoyh, Director Sales & Marketing for EMCORE. “EMCORE’s mission for its innovative and growing line of tactical grade products is to deliver superior inertial bias and noise performance under environmental conditions with smaller, lighter, more reliable and cost-effective product solutions than traditional tactical grade technologies or competitors.”

For further information and specifications on EMCORE IMU products and the complete EMCORE navigation product line, call [phone]; e-mail: [e-mail]; or visit us on the web: www.emcore.com/nav.

About EMCORE
EMCORE Corporation is a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets. Our best-in-class components and systems support a broad array of applications including navigation and inertial sensing, defense optoelectronics, broadband transport, 5G wireless infrastructure, optical sensing, and cloud data centers. We leverage industry-leading Quartz MEMS, Lithium Niobate and Indium Phosphide 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 wafer fabrication facility in Alhambra, CA, and quartz MEMS manufacturing facility in Concord, CA. Our manufacturing facilities maintain ISO 9001 quality management certification, and we are AS9100 aerospace quality certified at our facility in Concord. For further information about EMCORE, please visit http://www.emcore.com.