EMCORE Enters Into Long Term Supply Agreement For Space Solar Cells With Northrop Grumman - Quick Facts

EMCORE Corp. (EMKR) said Thursday that Northrop Grumman Aerospace Systems Sector has entered into a long term supply agreement with EMCORE's Solar Photovoltaics Division to manufacture and deliver high-efficiency, multi-junction solar cells for Northrop Grumman's satellite programs.

EMCORE solar cells will help provide power for Northrop Grumman's space-based global climate monitoring capabilities and other satellite missions. The period of performance for the supply agreement is 2009 through 2012, with a potential value of more than $17 million.

The production of the solar cells will take place at EMCORE's state-of-art manufacturing facilities located in Albuquerque, New Mexico, USA.

by RTTNews Staff Writer

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