Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Please note that will be undergoing maintenance on Tuesday, 10/22/2019, from 7:00pm (EDT) to 10:00pm.

Emcore to Sell Space PV Business for $150M

Facebook Twitter LinkedIn Email Comments
ALBUQUERQUE, N.M., Sept. 19, 2014 — Emcore Corp. plans to sell its space photovoltaics business for $150 million in cash.

The business will be sold in December or January to an affiliate of private equity firm Veritas Capital, pending approval from Emcore’s shareholders.

Emcore’s space photovoltaics business was founded in 1998 and is based in Albuquerque. It now has about 275 employees, and its fiscal 2013 revenues were $70.5 million.

The business provides products for space power applications including high-efficiency multijunction solar cells, coverglass interconnected cells and complete satellite solar panels. It also offers solar cells for ground-based installations.

Emcore provides optical components, subsystems and systems for high-speed fiber optic telecommunications, cable television and fiber-to-the-premise (FTTP) networks, as well as products for satellite communications, video transport and specialty photonics technologies for defense and homeland security applications.

For more information, visit
Sep 2014
AmericasBusinessEmcorephotovoltaicssolarspaceVeritas Capital

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.