EMCORE Corp. (EMKR) announced that the company has been awarded a contract, valued at approximately $5 million, to manufacture, test, and deliver solar panels for NASA's Global Precipitation Measurement spacecraft. The contract will be managed by MEI Technologies Inc. for the NASA Goddard Space Flight Center.
The Global Precipitation Measurement mission is one of the satellite-based science missions studying global precipitation, including rain, snow, and ice.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.