Inertial navigation system

EMCORE Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, February 8, 2024
PCB, Alhambra, Holiday, GAAP, Engineering, Inertial navigation system

ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 first quarter (1Q24) ended December 31, 2023.

Key Points: 
  • ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 first quarter (1Q24) ended December 31, 2023.
  • Management will host a conference call to discuss 1Q24 financial and business results on February 8, 2024 at 5:00 p.m. Eastern Time (ET).
  • When comparing to the year-ago quarter, Inertial Navigation revenue grew 21%” said Jeff Rittichier, President and Chief Executive Officer of EMCORE.
  • “Going-forward, we expect a return to quarterly top-line growth in the June quarter, including revenue from new programs, continued engineering and operational integration among sites, and full business systems integration within the fiscal year.”

EMCORE Reports Fiscal 2023 Fourth Quarter Results

Retrieved on: 
Tuesday, December 12, 2023
Growth, Indium, GAAP, LOI, Sale, Inertial navigation system

ALHAMBRA, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2023 fourth quarter (4Q23) ended September 30, 2023.

Key Points: 
  • ALHAMBRA, CA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2023 fourth quarter (4Q23) ended September 30, 2023.
  • Management will host a conference call to discuss 4Q23 financial and business results on December 12, 2023 at 5:00 p.m. Eastern Time (ET).
  • “The EMCORE team continued to step up to meet the challenges of transforming the Company into a pure play Inertial Navigation business.
  • In 4Q23, Inertial Navigation revenue grew for the sixth consecutive quarter, producing GAAP and non-GAAP gross margins of 26% and 31%, respectively,” said Jeff Rittichier, President and Chief Executive Officer of EMCORE.

Cable Blowing Equipment Market worth $136 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 19, 2023
Data rate, AOCS, Inertial measurement unit, OTT, Voltage, Inertial navigation system, Microducts, Amplifier, Government of India, Dot, Glass, Component, Gyrocompass, COVID-19, Transceiver, Growth, Communication, Transverse mode, KT, Connector

The versatility, precision, and reduced environmental impact of electric cable blowing equipment position it as a frontrunner in the market, attracting industries keen on adopting modern, sustainable cable installation solutions.

Key Points: 
  • The versatility, precision, and reduced environmental impact of electric cable blowing equipment position it as a frontrunner in the market, attracting industries keen on adopting modern, sustainable cable installation solutions.
  • Microduct segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.
  • Noth America is poised for significant growth in the cable blowing equipment market by 2028.
  • The North American cable blowing equipment market is poised for significant growth in the upcoming years.

Cable Blowing Equipment Market worth $136 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 19, 2023
Data rate, AOCS, Inertial measurement unit, OTT, Voltage, Inertial navigation system, Microducts, Amplifier, Government of India, Dot, Glass, Component, Gyrocompass, COVID-19, Transceiver, Growth, Communication, Transverse mode, KT, Connector

The versatility, precision, and reduced environmental impact of electric cable blowing equipment position it as a frontrunner in the market, attracting industries keen on adopting modern, sustainable cable installation solutions.

Key Points: 
  • The versatility, precision, and reduced environmental impact of electric cable blowing equipment position it as a frontrunner in the market, attracting industries keen on adopting modern, sustainable cable installation solutions.
  • Microduct segment is projected to grow at high CAGR of the cable blowing equipment market during the forecast period.
  • Noth America is poised for significant growth in the cable blowing equipment market by 2028.
  • The North American cable blowing equipment market is poised for significant growth in the upcoming years.

RF-Over-Fiber Market worth $981 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 18, 2023
RF, Data rate, AOCS, Inertial measurement unit, Process, OTDR, LTD, Glass, Prevalence, Inertial navigation system, Amplifier, Component, Temperature, Gyrocompass, COVID-19, Coherent Corp., Transceiver, Growth, Investment, Row, Communication, Transverse mode, Radio, Radar, Connector, Cable television

Optical cables secure the largest share in the RF-over-Fiber market owing to their foundational role in facilitating efficient and high-speed data transmission.

Key Points: 
  • Optical cables secure the largest share in the RF-over-Fiber market owing to their foundational role in facilitating efficient and high-speed data transmission.
  • RF-over-Fiber market for the broadband segment to exhibit the highest CAGR market during the forecast period.
  • Broadband is experiencing the highest CAGR in the RF-over-Fiber market due to the escalating global demand for high-speed internet services.
  • These players have a strong market presence of RF-over-Fiber across various countries in North America, Europe, Asia Pacific and Rest of the World (RoW).

RF-Over-Fiber Market worth $981 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 18, 2023
RF, Data rate, AOCS, Inertial measurement unit, Process, OTDR, LTD, Glass, Prevalence, Inertial navigation system, Amplifier, Component, Temperature, Gyrocompass, COVID-19, Coherent Corp., Transceiver, Growth, Investment, Row, Communication, Transverse mode, Radio, Radar, Connector, Cable television

Optical cables secure the largest share in the RF-over-Fiber market owing to their foundational role in facilitating efficient and high-speed data transmission.

Key Points: 
  • Optical cables secure the largest share in the RF-over-Fiber market owing to their foundational role in facilitating efficient and high-speed data transmission.
  • RF-over-Fiber market for the broadband segment to exhibit the highest CAGR market during the forecast period.
  • Broadband is experiencing the highest CAGR in the RF-over-Fiber market due to the escalating global demand for high-speed internet services.
  • These players have a strong market presence of RF-over-Fiber across various countries in North America, Europe, Asia Pacific and Rest of the World (RoW).

KVH Industries Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Mobile broadband, Sale, Tax, Inertial navigation system, EBITDA, VSAT, Workforce, GAAP, Research, Bank statement, Eureka Transit Service, Marketing, Retirement, Travel, Depreciation, Table, Video game, Bank, Cryptocurrency, Starlink

Revenue was $33.5 million for the third quarter of 2023, a decrease of 5% compared to $35.2 million in the third quarter of 2022.

Key Points: 
  • Revenue was $33.5 million for the third quarter of 2023, a decrease of 5% compared to $35.2 million in the third quarter of 2022.
  • The $6.0 million impairment charge was driven by the significant decline in our stock price that followed the August 9, 2023 announcement of our financial results for the second quarter of 2023.
  • KVH Industries will host a conference call today at 9:00 a.m.
  • Management generally uses these non-GAAP financial measures to facilitate financial and operational decision-making, including evaluation of our historical operating results and comparison to competitors’ operating results.

Global Inertial Navigation System (INS) Market Soars to $10.8 Billion in 2022, Fueled by Expanding Applications in UUVs and Aerospace Sector

Retrieved on: 
Tuesday, October 31, 2023
Inertial navigation system, INS, Space research, RLG, Ship, Unmanned underwater vehicle, FOG, Computer, Maintenance, Aircraft, Compound annual growth rate, Surveying, Instrumentation, Growth

DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Inertial Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 31, 2023 /PRNewswire/ -- The "Inertial Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global inertial navigation system (INS) market, which achieved a size of US$ 10.8 billion in 2022, is projected to witness substantial growth in the coming years.
  • Inertial Navigation Systems (INS) are navigation systems that calculate an object's velocity, gravitational force, and directional orientation.
  • The global inertial navigation system market is segmented based on technology, grade, component, application, and region:

KVH Industries Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Workforce, Table, Marketing, Bank statement, VSAT, Tax, GAAP, Research, Sale, EBITDA, Retirement, Edmonton Metropolitan Transit Services Commission, Inertial navigation system, Depreciation, Navigation, 2012 Six-red World Championship, Video game, Cryptocurrency, Bank

Revenue was $34.2 million for the second quarter of 2023, a decrease of 1% compared to $34.6 million in the second quarter of 2022.

Key Points: 
  • Revenue was $34.2 million for the second quarter of 2023, a decrease of 1% compared to $34.6 million in the second quarter of 2022.
  • Product revenues for the second quarter of 2023 were $5.4 million, a decrease of 18%.
  • Service revenues for the second quarter of 2023 were $28.7 million, an increase of $0.8 million.
  • Our operating expenses decreased $3.5 million to $11.7 million for the second quarter of 2023 compared to $15.2 million for the second quarter of 2022.

EMCORE Announces Anticipated Sale of Non-Strategic Product Lines

Retrieved on: 
Tuesday, August 8, 2023
Intellectual property, Sale, Inertial navigation system, Letter, Cryptocurrency, Sales

Given this anticipated sale, EMCORE now expects last-time buy revenue from business lines included in our April 21, 2023 restructuring announcement to aggregate approximately $6 million, the majority of which relates to the Company’s chip business, and includes $1.3 million that was recognized as revenue for the three months ended June 30, 2023.

Key Points: 
  • Given this anticipated sale, EMCORE now expects last-time buy revenue from business lines included in our April 21, 2023 restructuring announcement to aggregate approximately $6 million, the majority of which relates to the Company’s chip business, and includes $1.3 million that was recognized as revenue for the three months ended June 30, 2023.
  • It is contemplated that the portion of the remaining projected last-time buys that were previously announced by EMCORE will be transferred to Photonics Foundries if the proposed transaction is completed.
  • The anticipated transaction does not include EMCORE’s chip business or wafer fab assets.
  • We’d like to welcome and assure the customers of these product lines continuity of supply and a seamless transition of both people and technology.