EMCORE’s SDI500 Series Inertial Measurement Unit Exceeds 5,000 Unit Sales Milestone
August 24 2021 - 9:00AM
EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced
mixed-signal products that serve the aerospace & defense and
broadband communications markets, announced today that its dual-use
SDI500 series MEMS (Micro-Electromechanical Systems) Inertial
Measurement Unit (IMU) has exceeded the 5,000 unit sales milestone.
The SDI500 IMU was originally introduced in 2010 as the only
MEMS IMU capable of delivering true tactical-grade performance of
1.0°/hr gyro bias and 1 mg accel bias stability over a full
temperature range from 55 °C to +85 °C. By 2015, over 1,000 units
had been delivered, and by 2018 sales had exceeded 2,500 units.
With its high reliability and accuracy, even in challenging
environments, the SDI500’s market success has continued at an
accelerated rate with sales doubling in a little over 2 years.
Now part of EMCORE’s comprehensive navigation product line, the
SDI500 has undergone important upgrades since its introduction and
is currently shipping in its Rev F edition. It was ranked 1st in
overall accuracy in a U.S. Military-commissioned IMU trade study of
19 competing IMUs that were evaluated as an alternative to the
Honeywell HG1700 for various weapons systems. The series has been
awarded significant contracts including the U.S. Navy’s MK48
heavyweight and MK54 lightweight torpedo programs.
“Reaching 5,000 unit sales milestone of our SDI500 is a
tremendous accomplishment that is indicative of the product’s
maturity and wide customer acceptance,” said David Hoyh, EMCORE’s
Director of Sales & Marketing for navigation products. “We’d
like to thank the multiple customers worldwide and our outstanding
team in Concord, CA that have enabled us to achieve this success,”
added Mr. Hoyh.
The SDI500 series outperforms other MEMS IMUs and delivers
comparable performance in a lower power, smaller, and lighter form
factor than older, costlier optical IMUs. Leveraging
industry-leading inertial MEMS technology to deliver outstanding
Angle Random Walk (ARW) values of 0.02°/√hr, the SDI500 series is
designed to achieve the demanding performance levels required in
sophisticated systems including weapons guidance and targeting,
commercial and defense fixed-wing aircraft & helicopters, UAVs
(Unmanned Autonomous Vehicles), and a wide variety of other
high-precision commercial, industrial, marine, and defense
applications.
We continue to welcome a deeper engagement with technical teams
around the world to explore how our current and upcoming products
could meet your needs for guidance, navigation, and control. For
further discussion and specifications, call +1 866-234-4976;
e-mail: navigation-sales@emcore.com; 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.
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,
business prospects, growth opportunities, changes, and trends in
our business and expansion into new markets. 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) uncertainties regarding the effects of the COVID-19
pandemic and the impact of measures intended to reduce its spread
on our business and operations, which is evolving and beyond our
control; (b) the rapidly evolving markets for EMCORE's products and
uncertainty regarding the development of these markets; (c)
EMCORE's historical dependence on sales to a limited number of
customers and fluctuations in the mix of products and customers in
any period; (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) uncertainties concerning
the availability and cost of commodity materials and specialized
product components that we do not make internally; (g) actions by
competitors; and (h) 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, 2020, 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
CorporationDavid Hoyh Director, Sales & Marketing(925)
979-4503David_Hoyh@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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