EMCORE Corporation has confirmed that it has entered into an agreement to acquire the assets and liabilities of the L3Harris Space and Navigation business. The acquisition will expand EMCORE’s inertial navigation product portfolio and market reach, accelerating the company’s growth and providing additional revenue.
EMCORE, who provide high-performance inertial navigation sensors and systems for aerospace, defense and commercial applications such as UAVs (unmanned aerial vehicles) and robotics, will acquire the Master Supply Agreements (MSAs) for the BoRG (Booster Rate Gyro) and TAIMU (Tri-Axial Inertial Measurement Unit) launch vehicle programs as part of the agreement, creating partnership opportunities with L3Harris to expand mutual business.
Other highlights of the acquisition include:
- EMCORE to be added as a preferred supplier to L3Harris divisions for future business opportunities
- Adds a complete set of capabilities to design and test for space applications
- Shock, vibration, and thermal shock measurement equipment
- X-ray capability and vacuum chambers
- Includes a large number of rate tables that can serve multiple product applications
Jeff Rittichier, President and CEO of EMCORE, commented: “L3Harris Space and Navigation designs and builds some of the most accurate navigation products in the world. This acquisition expands our Fiber Optic Gyroscope (FOG) product portfolio into the Strategic Grade and Space-Qualified markets. We will also gain a technical team with a sterling track record of development and production of high-performance FOGs, Ring Laser Gyros (RLGs), and reaction wheels.”
“This acquisition further solidifies EMCORE’s position as one of the largest independent inertial navigation providers in the industry. This is an excellent fit strategically for EMCORE, bringing Space and Navigation’s strong brand, inertial technology, and important program wins. It also expands EMCORE’s market reach into launch vehicle and space satellite markets, both of which are seeing significant growth.”
Albert Lu, Senior Vice President and General Manager of Aerospace and Defense for EMCORE, noted: “The L3Harris Space and Navigation team will provide EMCORE with the capability to accelerate expansion into a true navigation grade FOG business with superior performance and accuracy compared to competitors. Combining this business into EMCORE will allow us to provide customers with an expanded product suite that serves a broader range of requirements across both the tactical and navigation grade segments of the market.”
