New York, NY - July 13, 2012 (Investorideas.com renewable energy/ green newswire) Investorideas.com news staff: Investorideas.com, a leader in renewable energy stock research for independent investors, issues a trading alert for solar stock EMCORE (NASDAQ: EMKR), trading up at $4.74, gaining $ 0.49 or 11.53% as of 11:48AM EDT on over 140,000 shares.
Earlier this week the Company announced that it had achieved the
Company's 100th successful satellite launch and deployment with primary
power supplied by EMCORE solar cells or solar panels.
The stock also just received coverage initiated by FBR Capital (outperform).
EMCORE Corporation offers a broad portfolio of compound
semiconductor-based products for the fiber optics and solar power
markets. EMCORE's Fiber Optics business segment provides optical
components, subsystems and systems for high-speed telecommunications,
Cable Television (CATV) and Fiber-To-The-Premise (FTTP) networks, as
well as products for satellite communications, video transport and
specialty photonics technologies for defense and homeland security
applications. EMCORE's Solar Photovoltaics business segment provides
products for both space and terrestrial solar power applications. For
space applications, EMCORE offers high-efficiency multi-junction solar
cells, Covered Interconnect Cells (CICs) and complete satellite solar
panels. For terrestrial applications, EMCORE offers a broad portfolio of
Concentrator Photovoltaic (CPV) multi-junction solar cells and
components, as well as commercial rooftop solar concentrator systems. http://www.emcore.com.
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