Form: 8-K

Current report filing

February 10, 2021

Exhibit 99.2

 

A&D – Navigation Market Commercial Grade (e.g., industrial robots) Tactical Grade (e.g., platform stabilization) Navigation Grade (e.g., unmanned vehicles) Strategic Grade (e.g., nuclear weapons) $410M $820M $928M $941M Many Suppliers Few Competitors Two Primary Competitors Highly Specialized $3B+ Global Inertial Navigation Market in 2019 (a) (a) Source: Yole High End Inertial Sensors Market Research Report 2020 EMCORE’s Total Addressable Market (TAM) is $1.7B Tactical Grade Market Segment QMEMS provides performance for a lower cost and with a smaller size than competing platforms – while also excelling in harsh environments Common applications include platform stabilization (tanks, ships), torpedo guidance, flight control systems, and oil & gas drilling Tactical and Navigation grades EMCORE’s FOG technology enables our customers to achieve superior performance while maintaining traditional FOG pricing and form factors Common applications include unmanned vehicles, missile targeting, submarine sensors, and dismounted soldier systems (geo - compassing/north - finding) EMCORE is an Established QMEMS Market Leader and an Emerging Independent FOG Supplier