EMCORE Corp (EMCORE) is an inertial navigation company. It provides sensors and navigation systems for the aerospace and defense market. The company is engaged in wafer fabrication of lithium niobate and quartz varieties, device design, manufacture, and production of fiber optic modules, subsystems, and PIC- and QMEMS-based components.

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EMCORE’s R&D arm focuses on adapting to rapid advancements in process technologies within its industry, emphasizing increased functional integration. The company’s research activities aim to maintain a technological competitive edge, enhancing the quality and features of current products. It intends to innovate new proprietary production technologies and products while refining the performance of existing materials, components, and subsystems to reduce manufacturing costs. The company’s projects are dedicated to developing cost-effective versions of current offerings in line with this approach. As of September 2024, it had approximately 38 patents in the US, 38 patents in foreign; and 34 additional patent applications for commercial versions of its materials, subsystems, components, and systems. In FY2024, the company incurred an expense of US$12.8 million on R&D activities, which as a percentage of revenue, stood at 15.1%.