EMCORE PhotoVoltaics Awarded Mars Cruise Stage Solar Panel Manufacturing Contract from NASA's Jet Propulsion Laboratory (JPL)

Award Confirms EMCORE's Position as the Leading Independent Supplier of

High Reliability Multi-Junction Solar Panels for Interplanetary Missions



Apr 27, 2007, 01:00 ET from EMCORE Corporation

    ALBUQUERQUE, N.M., April 27 /PRNewswire-FirstCall/ -- EMCORE
 Corporation (Nasdaq:   EMKR), announced today that the Photovoltaics Division
 has been awarded a $2M contract by NASA's Jet Propulsion Laboratory (JPL)
 Center for the design, manufacturing, testing and delivery of fully
 integrated solar panels for the Mars Cruise Stage spacecraft. This
 spacecraft is designed to carry the Mars Science Laboratory (MSL) rover and
 communicate with the entry vehicle that will carry the rover to the surface
 of the planet. The launch of the spacecraft is planned for fall of 2009.
     Scheduled for delivery in mid 2008, the Mars Cruise Stage solar panels
 will provide more than 1 kW end-of-life (EOL) power to the spacecraft while
 operating at a distance of 1.6 Astronomical Units (AU) from the sun. These
 panels will be powered by EMCORE's latest generation 28.5% efficiency
 multi- junction solar cells. Production of the solar cells and panels will
 take place at EMCORE's manufacturing facilities located in Albuquerque, New
 Mexico, USA.
     David Danzilio, Vice President and General Manager of EMCORE's
 PhotoVoltaics Division stated, "We are very pleased to receive this award
 from JPL and appreciate their confidence in our capability to manufacture
 and deliver solar panels for this very important space exploration mission.
 This solar panel procurement from NASA-JPL confirms EMCORE Photovoltaics
 position as the leading solar panel supplier for interplanetary missions.
 Our proven manufacturing capability, technology leadership and highest
 reliability solar panels in industry make EMCORE the supplier of choice for
 demanding spacecraft power systems."
     EMCORE is the world's largest manufacturer of highly efficient
 radiation hard solar cells for space power applications. With a
 beginning-of-life (BOL) conversion efficiency of 28.5% and the option for a
 patented, onboard monolithic bypass diode, EMCORE's industry leading
 multi-junction solar cells can provide the highest power to interplanetary
 spacecrafts and earth orbiting satellites. These advanced solar cells have
 also been adapted for use in terrestrial concentrator applications and have
 attained conversion efficiencies in excess of 37%. These products will make
 possible cost competitive concentrating photovoltaic systems for use in
 utility scale solar power stations.
     "EMCORE Photovoltaics Division continues to grow at a rapid pace, and
 has recently secured more than a dozen new production programs for fully
 integrated space solar panels. Our recently completed expansion provides
 EMCORE with the capacity to meet the most challenging requirements of our
 space and terrestrial customers. EMCORE remains committed to manufacturing
 the highest quality, best performing solar power products in the industry.
 Satellite manufacturers and solar array integrators continue to rely on
 EMCORE as their only independent source that meets all of their satellite
 power needs," added Reuben F. Richards, Jr., President and CEO of EMCORE.
     On October 30, 2006, EMCORE Photovoltaics Division officially opened
 its new 20,000 sq ft manufacturing facility designed for space and
 terrestrial solar panel production. The opening ceremony for this $2.5M
 expansion of its Albuquerque operation was attended by Dr., Thomas Russell,
 the Chairman of the Board of EMCORE Corporation, Reuben F. Richards Jr.,
 EMCORE's Chief Executive Officer, US Senator Pete Domenici, US
 Representative Heather Wilson and New Mexico Lt. Governor Dianne Denish.
     About EMCORE
     EMCORE Corporation offers a broad portfolio of compound semiconductor-
 based products for the broadband, fiber optic, satellite and solar power
 markets. EMCORE's Fiber Optic segment offers optical components, subsystems
 and systems for high speed data and telecommunications networks, cable
 television (CATV) and fiber-to-the-premises (FTTP). EMCORE's Photovoltaic
 segment provides products for both satellite and terrestrial applications.
 For satellite applications, EMCORE offers high efficiency Gallium Arsenide
 (GaAs) solar cells, Covered Interconnect Cells (CICs) and panels. For
 terrestrial applications, EMCORE is adapting its high-efficiency GaAs solar
 cells for use in solar concentrator systems. For further information about
 EMCORE, visit http://www.emcore.com.
     The information provided herein may include forward-looking statements
 within the meaning of Section 27A of the Securities Act of 1933 and Section
 21E of the Securities Exchange Act of 1934. Such forward-looking statements
 include, but are not limited to, any statement or implication that the
 products described in this press release (i) will be successfully
 introduced or marketed, (ii) will be qualified and purchased by our
 customers, or (iii) will perform to any particular specifications or
 performance or reliability standards. Such forward-looking statements
 involve risks and uncertainties that, if realized, could materially impair
 the Company's results of operations, business, and financial condition.
 These risks and uncertainties include, but are not limited to, (a) the
 failure of the products (i) to perform as expected without material
 defects, (ii) to be manufactured at acceptable volumes, yields, and cost,
 (iii) to be qualified and accepted by our customers, and (iv) to
 successfully compete with products offered by our competitors, and (b)
 factors discussed from time to time in reports filed by the Company with
 the Securities and Exchange Commission. The forward-looking statements
 contained in this news release are made as of the date hereof and EMCORE
 does not assume any obligation to update the reasons why actual results
 could differ materially from those projected in the forward-looking
 statements.
 
 

SOURCE EMCORE Corporation
    ALBUQUERQUE, N.M., April 27 /PRNewswire-FirstCall/ -- EMCORE
 Corporation (Nasdaq:   EMKR), announced today that the Photovoltaics Division
 has been awarded a $2M contract by NASA's Jet Propulsion Laboratory (JPL)
 Center for the design, manufacturing, testing and delivery of fully
 integrated solar panels for the Mars Cruise Stage spacecraft. This
 spacecraft is designed to carry the Mars Science Laboratory (MSL) rover and
 communicate with the entry vehicle that will carry the rover to the surface
 of the planet. The launch of the spacecraft is planned for fall of 2009.
     Scheduled for delivery in mid 2008, the Mars Cruise Stage solar panels
 will provide more than 1 kW end-of-life (EOL) power to the spacecraft while
 operating at a distance of 1.6 Astronomical Units (AU) from the sun. These
 panels will be powered by EMCORE's latest generation 28.5% efficiency
 multi- junction solar cells. Production of the solar cells and panels will
 take place at EMCORE's manufacturing facilities located in Albuquerque, New
 Mexico, USA.
     David Danzilio, Vice President and General Manager of EMCORE's
 PhotoVoltaics Division stated, "We are very pleased to receive this award
 from JPL and appreciate their confidence in our capability to manufacture
 and deliver solar panels for this very important space exploration mission.
 This solar panel procurement from NASA-JPL confirms EMCORE Photovoltaics
 position as the leading solar panel supplier for interplanetary missions.
 Our proven manufacturing capability, technology leadership and highest
 reliability solar panels in industry make EMCORE the supplier of choice for
 demanding spacecraft power systems."
     EMCORE is the world's largest manufacturer of highly efficient
 radiation hard solar cells for space power applications. With a
 beginning-of-life (BOL) conversion efficiency of 28.5% and the option for a
 patented, onboard monolithic bypass diode, EMCORE's industry leading
 multi-junction solar cells can provide the highest power to interplanetary
 spacecrafts and earth orbiting satellites. These advanced solar cells have
 also been adapted for use in terrestrial concentrator applications and have
 attained conversion efficiencies in excess of 37%. These products will make
 possible cost competitive concentrating photovoltaic systems for use in
 utility scale solar power stations.
     "EMCORE Photovoltaics Division continues to grow at a rapid pace, and
 has recently secured more than a dozen new production programs for fully
 integrated space solar panels. Our recently completed expansion provides
 EMCORE with the capacity to meet the most challenging requirements of our
 space and terrestrial customers. EMCORE remains committed to manufacturing
 the highest quality, best performing solar power products in the industry.
 Satellite manufacturers and solar array integrators continue to rely on
 EMCORE as their only independent source that meets all of their satellite
 power needs," added Reuben F. Richards, Jr., President and CEO of EMCORE.
     On October 30, 2006, EMCORE Photovoltaics Division officially opened
 its new 20,000 sq ft manufacturing facility designed for space and
 terrestrial solar panel production. The opening ceremony for this $2.5M
 expansion of its Albuquerque operation was attended by Dr., Thomas Russell,
 the Chairman of the Board of EMCORE Corporation, Reuben F. Richards Jr.,
 EMCORE's Chief Executive Officer, US Senator Pete Domenici, US
 Representative Heather Wilson and New Mexico Lt. Governor Dianne Denish.
     About EMCORE
     EMCORE Corporation offers a broad portfolio of compound semiconductor-
 based products for the broadband, fiber optic, satellite and solar power
 markets. EMCORE's Fiber Optic segment offers optical components, subsystems
 and systems for high speed data and telecommunications networks, cable
 television (CATV) and fiber-to-the-premises (FTTP). EMCORE's Photovoltaic
 segment provides products for both satellite and terrestrial applications.
 For satellite applications, EMCORE offers high efficiency Gallium Arsenide
 (GaAs) solar cells, Covered Interconnect Cells (CICs) and panels. For
 terrestrial applications, EMCORE is adapting its high-efficiency GaAs solar
 cells for use in solar concentrator systems. For further information about
 EMCORE, visit http://www.emcore.com.
     The information provided herein may include forward-looking statements
 within the meaning of Section 27A of the Securities Act of 1933 and Section
 21E of the Securities Exchange Act of 1934. Such forward-looking statements
 include, but are not limited to, any statement or implication that the
 products described in this press release (i) will be successfully
 introduced or marketed, (ii) will be qualified and purchased by our
 customers, or (iii) will perform to any particular specifications or
 performance or reliability standards. Such forward-looking statements
 involve risks and uncertainties that, if realized, could materially impair
 the Company's results of operations, business, and financial condition.
 These risks and uncertainties include, but are not limited to, (a) the
 failure of the products (i) to perform as expected without material
 defects, (ii) to be manufactured at acceptable volumes, yields, and cost,
 (iii) to be qualified and accepted by our customers, and (iv) to
 successfully compete with products offered by our competitors, and (b)
 factors discussed from time to time in reports filed by the Company with
 the Securities and Exchange Commission. The forward-looking statements
 contained in this news release are made as of the date hereof and EMCORE
 does not assume any obligation to update the reasons why actual results
 could differ materially from those projected in the forward-looking
 statements.
 
 SOURCE EMCORE Corporation