EMCORE Corp. (EMKR) Awarded $6M Solar Panel Service, Testing Contract by BATC

April 16, 2012 8:28 AM EDT
EMCORE Corporation (Nasdaq: EMKR), has been awarded a contract by Ball Aerospace & Technologies Corporation (BATC) to design, manufacture, test and deliver solar panels for a new spacecraft. The period of performance for this program is about 2 years, with a total contract value of nearly $6 million.

The solar panels delivered to BATC will be populated with EMCORE's ZTJ multi-junction solar cells. The ZTJ is currently the highest performance space-grade solar cell available in volume production to the global market. Production of the solar cells and panels will take place at EMCORE's state-of-the-art manufacturing facilities located in Albuquerque, New Mexico, USA.


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