Form: 3

Initial statement of beneficial ownership of securities

March 17, 1997

3: Initial statement of beneficial ownership of securities

Published on March 17, 1997





U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 3

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OMB Number: 3235-0104
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act
of 1934, Section 17(a) of the Public Utility Holding Company Act
of 1935 or Section 30(f) of the Investment Company Act of 1940


1. Name and Address of Reporting Person*
Last, First, Middle: Wagner, Laurence

Street: c/o EMCORE Corporation, 394 Elizabeth Avenue
City, State, Zip: Somerset, New Jersey 08873
2. Date of Event Requiring Statement (Month/Day/Year): 3/6/97

3. IRS or Social Security Number of Reporting Person
(Voluntary)

4. Issuer Name and Ticker or Trading Symbol: EMCORE
Corporation (EMKR)

5. Relationship of Reporting Person(s) to Issuer (Check all
applicable)

( ) Director ( ) 10% Owner
( x ) Officer (give title below)
( ) Other (specify below)

Vice President - Electronic Materials
6. If Amendment, Date of Original (Month/Day/Year)

7. Individual or Joint/Group Filing (Check Applicable Line)

( x ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person



* If the form is filed by more than one reporting person, see Instruction
5(b)(v).





TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED

1. Title of Security 2. Amount of Securities 3. Ownership Form: Direct (D)
(Instr. 4) Beneficially Owned or Indirect (I)
(Instr. 4) (Instr. 5)


(1)




TABLE I -- CONTINUED

1. Title of Security 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 5)


(1)



Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.




TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)

1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities
Security and Expiration Underlying Derivative Security
(Instr. 4) Date (Instr. 4)
(Month/Day/Year)

Date Expiration Amount or
Exercisable Date Number
Title of Shares


(1)

(2)



TABLE II -- CONTINUED

1. Title of Derivative 4. Conversion 5. Ownership 6. Nature of
Security or Form Indirect
(Instr. 4) Exercise of Derivative Beneficial
Price of Security: Ownership
Derivative Direct (D) or (Instr. 5)
Security Indirect (I)
(Instr. 5)


(1)

(2)



Explanation of Responses:


/s/ Laurence Wagner March 16, 1997
**Signature of Reporting Person Date

** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB number.