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Business News

August 10, 2022

EMCORE Reports Fiscal 2022 Third Quarter Results and Announces the Acquisition of the KVH FOG and Inertial Navigation Systems Business

EMCORE Corporation, a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, announced results for the fiscal 2022 third quarter ended June 30, 2022 (3Q22) and that it acquired the Fiber Optic Gyroscope (FOG) and Inertial Navigation Systems business segment of KVH Industries, Inc. for approximately $55.0 million, subject to working capital adjustments, in an all-cash transaction.

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By Inside GNSS
June 13, 2022

GMV Aerospace and Defense alternative timing for the EU

GMV Aerospace and Defense has developed a system for a pan-European, public time distribution. At the recent AltPNT Demonstration Day at the European Commission’s Joint Research Center (JRC), Ricardo Píriz, from GMV AD’s GNSS Time and Frequency Group, explained how his company can provide Galileo System Time (GST) or Galileo UTC via existing networks.

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By Peter Gutierrez
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