Welcome to our dedicated page for Emcore news (Ticker: EMKR), a resource for investors and traders seeking the latest updates and insights on Emcore stock.
EMCORE Corporation (historically Nasdaq: EMKR) appears frequently in aerospace and defense industry news as a provider of inertial navigation products and solutions. Company releases describe EMCORE as a leading provider of inertial navigation products for the aerospace and defense markets, and in some communications as the world’s largest independent provider of inertial navigation solutions to that industry. News coverage of EMCORE often centers on its inertial sensors and systems and on its use of Photonic Integrated Chip (PIC), Quartz MEMS, and Lithium Niobate chip‑level technology.
Recent EMCORE news has included earnings announcements for fiscal 2024 and early fiscal 2025, where the company discussed revenue, margins, restructuring charges, and non‑GAAP measures such as adjusted EBITDA. These releases also describe restructuring actions, including personnel reductions and facility closures, aimed at reducing operating costs. Investors following EMKR‑related news can use these items to understand how EMCORE reported on its operating performance and cost‑reduction efforts as an independent public company.
Another major news theme is corporate transactions. In November 2024, a release announced that Velocity One, a newly formed aerospace manufacturing holding company backed by Charlesbank Capital Partners, signed a merger agreement under which EMCORE would become a wholly owned subsidiary of Velocity One. A March 2025 release then reported that Charlesbank, through Velocity One, completed its acquisition of EMCORE Corporation, combining EMCORE with Cartridge Actuated Devices and Aerosphere Power under the Velocity One platform.
News items have also highlighted EMCORE’s technical work and conference participation, including a presentation on quartz MEMS‑based navigation‑grade accelerometers and references to its navigation and inertial sensing product line. For users researching EMKR, this news page provides an organized view of EMCORE’s historical earnings updates, restructuring communications, transaction announcements, and technology‑focused releases.
EMCORE (Nasdaq: EMKR) reported lower-than-expected revenue in the fiscal 2024 second quarter, leading to decreased profit margins. The company announced the sale of its Chips business and Alhambra InP wafer fab assets, debt restructuring, and cost reduction measures. The financial results showed a decline in revenue, gross margin, and net loss on continuing operations. CEO Jeff Rittichier has left the company, with the Board initiating a search for a new CEO. Despite the disappointing results, the Board remains committed to the Aerospace & Defense strategy.
EMCORE (Nasdaq: EMKR) will announce its fiscal 2024 second-quarter results on May 8, 2024, after the market close. The company is the largest independent provider of inertial navigation solutions to the aerospace and defense industry. The conference call will include discussions by President & Chief Executive Officer Jeff Rittichier and Chief Financial Officer Tom Minichiello.
EMCORE announced the sale of its Chips business and InP wafer fabrication operations for $2.92 million to HieFo The transaction included the transfer of assets related to the non-core business line, providing immediate cash and a positive financial outcome for EMCORE.
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