EMCORE Advances Photonic Integrated Chip Technology Integrating PIC Into All Open-Loop Fiber Optic Gyro (FOG)-Based Products
Portfolio Pulse from Benzinga Newsdesk
EMCORE Corporation (NASDAQ:EMKR) has announced the advancement of Photonic Integrated Chip (PIC) technology and its integration into all of the company's open-loop Fiber Optic Gyro (FOG)-based products. The PIC technology, which has been in development for three years, improves reliability, durability, and shock/vibration tolerance. EMCORE is also introducing a program for customers to upgrade previous-generation products to a PIC-based unit.
October 09, 2023 | 12:38 pm
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EMCORE's advancement in PIC technology and its integration into all open-loop FOG-based products could potentially increase the company's market share and revenue. The upgrade program for customers could also lead to increased sales.
The advancement and integration of PIC technology into EMCORE's products could potentially increase the company's market share and revenue as it offers improved reliability, durability, and shock/vibration tolerance. The upgrade program for customers of previous-generation products could also lead to increased sales as customers may be enticed to upgrade for the improved features.
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