Emcore Sells Space Photovoltaics Business for $150 million – Satellite Today
Technicians at Kennedy Space Center prep solar panels on the MAVEN spacecraft which Emcore supported. Photo: NASA [Via Satellite 09-18-2014] Emcore has agreed to sell its space photovoltaics business to private equity firm Veritas Capital, including all rights to the buildings and 275 employees in Albuquerque, N.M. An affiliate of Veritas has agreed to purchase…