EMCORE Corp - Company Profile
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EMCORE Corp (EMCORE) is a provider of inertial navigation products. The company’s product portfolio includes multi-axis sensors, inertial measurement units, inertial navigation systems, tactical navigation products, microwave components, and navigation systems. EMCORE also provides navigation sensing products and other optical products. Its products find application in navigation, control, positioning, georeferencing, pointing and stabilization, and autonomous navigation. EMCORE sells its products through third-party sales representatives, and distributors, direct sales force, application engineers. The company has a business presence in North America, Asia, Europe, and other regions. EMCORE is headquartered in Budd Lake, New Jersey, the US.
Headquarters
United States of America
Address
450 Clark Drive, Budd Lake, New Jersey, 91803
Website
emcore.com
Telephone
1 626 2933400
No of Employees
188
Industry
Technology and Communications
Revenue (2024)
$85.9M
EMCORE Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tactical Grade | Electronics Manufacturing Services | TACNAV |
| Navigation Grade | Wafer Fabrication | EMCORE |
| Strategic Grade | Device Design | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In March, the company was acquired by Velocity One. |
| 2024 | Others | In October, the company to be acquired by Mobix Labs, a fabless semiconductor company. |
| 2023 | Contracts/Agreements | In November, the company entered a partnership with Kratos Unmanned Aerial Systems to deliver SDI500 for multiple advanced unmanned aerial defense programs |
Competitor Comparison
| Key Parameters | EMCORE Corp | Broadcom Inc | Sumitomo Electric Industries Ltd | Applied Optoelectronics Inc | Arris International Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Japan | United States of America | United States of America |
| City | Budd Lake | Palo Alto | Osaka-Shi | Sugar Land | Suwanee |
| State/Province | New Jersey | California | Osaka | Texas | Georgia |
| No. of Employees | 188 | 37,000 | 293,266 | 3,309 | - |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cletus C. Glasener | Chairman | Executive Board | 2024 | 65 |
| Tom Minichiello | Chief Financial Officer | Senior Management | 2019 | 64 |
| Matthew Vargas | Chief Executive Officer - Interim; Vice President - Sales | Senior Management | 2024 | 39 |
| Bob Groschadl | Vice President - Engineering | Senior Management | 2025 | - |
| Bruce E. Grooms | Director | Non Executive Board | 2019 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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