EMCORE Enters Into a Long Term Supply Agreement for Space Solar Cells With Northrop Grumman Corporation

ALBUQUERQUE, NM--(Marketwire - September 17, 2009) - EMCORE Corporation (NASDAQ: EMKR), aleading provider of compound semiconductor-based components, subsystems andsystems for the fiber optic and solar power markets, announced today thatNorthrop Grumman Aerospace Systems Sector has entered into a long termsupply agreement with EMCORE's Solar Photovoltaics Division to manufactureand deliver high-efficiency, multi-junction solar cells for NorthropGrumman's satellite programs. EMCORE solar cells will help provide powerfor Northrop Grumman's space-based global climate monitoring capabilitiesand other satellite missions. The period of performance for the supplyagreement is 2009 through 2012, with a potential value of more than $17million.

The production of the solar cells will take place at EMCORE's state-of-artmanufacturing facilities located in Albuquerque, New Mexico, USA.

Christopher Larocca, EMCORE's Chief Operating Officer, stated, "We are verypleased to receive this award from Northrop-Grumman and appreciate theirconfidence in our technology leadership to provide solar cells for theirspace missions." Mr. Larocca continued, "Our proven manufacturingcapabilities and unsurpassed reliability heritage make EMCORE the supplierof choice for demanding spacecraft power systems. We look forward toworking with Northrop Grumman Aerospace Systems to power their satellitemissions for many years to come."

EMCORE is the world's largest manufacturer of highly efficientradiation-hard solar cells for space power applications. With abeginning-of-life (BOL) conversion efficiency of 30% and the option for apatented, onboard monolithic bypass diode, EMCORE's industry leadingmulti-junction solar cells provide the highest power to interplanetaryspacecrafts and earth orbiting satellites.

About EMCORE:

EMCORE Corporation offers a broad portfolio of compoundsemiconductor-based products for the broadband, fiber optic, satellite andsolar power markets. EMCORE's Fiber Optic segment offers opticalcomponents, subsystems and systems for high speed data andtelecommunications networks, cable television (CATV) andfiber-to-the-premises (FTTP). EMCORE's Photovoltaic segment providesproducts for both satellite and terrestrial applications. For satelliteapplications, EMCORE offers high efficiency Gallium Arsenide (GaAs) solarcells, Covered Interconnect Cells (CICs) and panels. For terrestrialapplications, EMCORE is adapting its high-efficiency GaAs solar cells foruse in solar concentrator systems. For further information about EMCORE,visithttp://www.emcore.com.

About Northrop Grumman:

Northrop Grumman Corporation is a leading global security company whose120,000 employees provide innovative systems, products, and solutions inaerospace, electronics, information systems, shipbuilding and technicalservices to government and commercial customers worldwide.

Forward-looking statements:

The information provided herein may include forward-looking statementswithin the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. Such forward-looking statementsinclude, but are not limited to, any statement or implication that theproducts described in this press release that the contract described willbe successfully completed. Such forward-looking statements involve risksand uncertainties that, if realized, could materially impair the Company'sresults of operations, business, and financial condition. These risks anduncertainties include, but are not limited to,(a) the successful completionof all of Northrop Grumman's own satellite contracts and (b) factorsdiscussed from time to time in reports filed by the Company with theSecurities and Exchange Commission. The forward-looking statementscontained in this news release are made as of the date hereof and EMCOREdoes not assume any obligation to update the reasons why actual resultscould differ materially from those projected in the forward-lookingstatements.

Contact:

EMCORE Corporation
Silvia M. Gentile
Executive Offices
(505) 323-3417
info@emcore.com

TTC Group
Victor Allgeier
(646) 290-6400
vic@ttcominc.com