8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

September 5, 2007

Date of Report (Date of earliest event reported)

EMCORE CORPORATION

Exact Name of Registrant as Specified in its Charter

New Jersey	0-22175	22-2746503
State of Incorporation	Commission File Number	IRS Employer Identification Number

10420 Research Road, SE, Albuquerque, New Mexico  87123

Address of principal executive offices, including zip code

(505) 332-5000

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 Regulation FD Disclosure.

EMCORE Corporation (the "Registrant") attended the Roth Capital Conference and the S.G. Cowan Conference in New York City, NY on September 5-6, 2007.  A copy of EMCORE's presentation is attached as Exhibit 99.1 to this Current Report.

The information in this Current Report, including Exhibit 99.1 hereto, shall not be incorporated by reference into any filing of the Registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. Furthermore, the information in this Current Report, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number	Description
99.1	EMCORE presentation for the Roth Capital Conference and the S.G. Cowan Conference in New York City, NY on September 5-6, 2007.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	EMCORE CORPORATION
Dated: September 5, 2007	By:	/s/ Keith Kosco
	Name:	Keith Kosco
	Title:	General Counsel and Corporate Secretary

Exhibit Index

Exhibit Number	Description
99.1	EMCORE presentation for the Roth Capital Conference and the S.G. Cowan Conference in New York City, NY on September 5-6, 2007.

EX-99.1

September 5 2007

EMCORE Corporation

Roth Capital Growth Conference 

New York City, September 5, 2007

Reuben F. Richards, Jr.  Chief Executive Officer

Hong Hou, President and Chief Operating Officer

1

The information provided herein may include forward-looking statements within the meaning of Section  27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, (a) the Company’s unaudited results for the third quarter and fiscal year 2007, (b) statements related to the Company’s voluntary review of its historic stock option granting practices, including statements concerning the determination of accounting adjustments and related tax and financial consequences in connection with the Special Committee’s recommendations, and (c) the timing of filing of reports with the Securities and Exchange Commission. of predicting quarterly and year end financial results, (b) the finalization and audit of the Company’s unaudited results of fiscal year 2006 and the first 2 quarters of fiscal year 2007, (c) the effects of the Company’s voluntary review of its historic stock option granting practices, including (i) risks and uncertainties relating to developments in regulatory and legal guidance regarding stock option grants and accounting for such grants, (ii) the possibility that the Company will not be able to file additional reports with the Securities and Exchange Commission in a timely manner, (iii) the possibility that the Company in consultation with the Company's independent public accountants or the SEC, may determine that additional stock-based compensation expenses and other additional expenses be recorded in connection with affected option grants (iv) the Company may incur negative tax consequences arising out of the stock option review, (v) the possible delisting of the Company’s stock from the Nasdaq National Market pursuant to Nasdaq Marketplace Rule 4310(c)(14), (vi) the timing and outcome of the Nasdaq appeal hearing, (vii) the impact of any actions that may be required or taken as a result of such review or the Nasdaq hearing and review process, (viii) risk of litigation arising out of or related to the Company’s stock option grants or a restatement of the Company’s financial statements, and (d) factors discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof and EMCORE does not assume any obligation to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

“Safe Harbor” Statement

September 5, 2007

2

September 5, 2007

3

EFO

Ortel

Ortel

EFO

Microwave/RF

Transmitters/Receivers

FTTP PON TxRx

Parallel  Optics,

4 & 12x TxRx

LX4, CX4 TxRx

For 10G Ethernet

CATV Transmitters/

Receivers

Hybrid Fiber Coaxial (HFC) Network

Telecom Network

Ortel

OC-192 TxRx

SFF Tunable
DWDM XFP

EFO

EMCORE’s Components &

Subsystems in Networks & Premises

September 5, 2007

4

September 5, 2007

5

Source: Comcast

Comcast CapEx Budget

-- 24% Increase in 07 from 06

September 5, 2007

6

Broadband (CATV, FTTP, Video

Transport) Business Strategy

§

Acquired five companies to position ourselves as a major player in  Broadband Components and Systems

§

Consolidated technology, IP, product portfolio & CATV customer base

§

Positioned as “Arms Merchant” to MSO and Telecom build-out

§

Multi-service operators (MSO’s) are accelerating CATV infrastructure upgrade in order to offer premium triple-play services

•

High-definition TV (HDTV), digital video and Video on Demand (VOD)

•

High-speed internet

•

Voice over IP (VoIP)

§

Emerging supplier of FTTP components

•

Expanded design wins within B-PON and G-PON customer base

•

Established China-based manufacturing facility to reduce cost and increase capacity

•

Vertically integrated: chip-to-subsystem

§

Penetrated into the high growth video transport and IPTV markets

§

Strong demand within CATV market

§

MSOs build networks to offer commercial services

§

Comcast and Time Warner upgrading the legacy Adelphia networks

§

Strong overseas market demand in Eastern Europe, Russia, India, China is driving the growth of CATV equipment manufacturers

September 5, 2007

7

September 5, 2007

8

September 5, 2007

9

Source: Cisco Systems

10GbE Share estimated

to increase from 5% in
2006 to 45% in 2011

Demand for 10G Ethernet Increases

September 5, 2007

10

Growth Drivers for EMCORE

Datacom/Telecom Business

Product Lines

§

Leading Supplier of 10Gb/s Ethernet Components and Transceivers

§

10Gb/s VCSEL/PIN  TOSA/ROSA components for SR applications

§

Supplying Xenpak LX4/CX4 and X2 CX4, sampling SFP+ SRL, LRM, & LR transceivers

§

Demand from the major customer is coming back after recent “Lean Manufacturing”

§

Broadest Portfolio of Parallel Optics Transceivers

§

4x single data rate (SDR) and double data rate (DDR) optical media conventors

§

12x SDR (2.5Gb/sx12) to a broad customer base for switching/routing

§

12x DDR (5.0Gb/sx12) for switching /supercomputer /backplane interconnects

§

Opportunities in Telecom and Infiniband Areas

§

Telecom: 300-pin SFF fully C-band tunable transponders, XFP DWDM 80km TxRxs

§

Infiniband: QSFP, SDR and DDR OMC transceivers, active cables

Platforms

§

State-of-the-art VCSEL/PD Component Fab and PON Packaged Components

§

VCSEL/PD die 1-10Gb/s, single to 2D arrays, and recently developed hermetic chips

§

Packaged components for DFB TO’s for GPON and GEPON, APD-TIA TO’s

§

LX4 Platform and Infrastructure for 40 Gb/s Product Solution

§

Push to become a standard and building prototype samples

September 5, 2007

11

Silicon Response Range Limit

Multi-junction Solar Cells

§

Emcore’s Technology Employs Three Compound Semiconductor Junctions in Series

§

Each Junction Has a Different Bandgap

•

Top – 1.9 eV

•

Middle – 1.4 eV

•

Bottom – 0.7 eV

§

Three Junctions of Different Bandgaps Makes Better Use of Energy Available in the Solar Spectrum

§

Bandgap Engineering Available in III-V Multi-junction Solar Cells Offer a Path to Still Higher Performance

September 5, 2007

12

EMCORE Space Photovoltaics Business

§

EPV division formed in 1998 in Albuquerque, NM

§

Facility ready in October 1998, and 1^st  volume solar cell shipment in December 1999

§

Currently shipping 28.5% efficient solar cells in volume; 31% efficient IMM solar cells demonstrated

§

Outstanding on-orbit performance and reliability history

§

Emcore’s entry into the space market effectively eliminated the use of Silicon solar cells in high power GEO satellites

§

Mid 1990’s, 80% of satellite power was generated by Silicon

§

Today over 80% of new satellites are powered by multi-junction solar cells

EMCORE Space Photovoltaics Products

Solar Cells

Solar Panels

EMCORE Photovoltaics Division

September 5, 2007

13

Growth Drivers of Space Solar

Major Customers

§Space Systems/Loral, Lockheed Martin, Northrop-Grumman Space, Boeing, EADS 
   Astrium, General Dynamics

Market Drivers

§Commercial Satellites: Growing demand for commercial programs; 33 commercial
   GEO awards in 2006 (highest since 2001)

§Industry is at the leading edge of a replacement cycle as many of the satellites
   launched in the early 1990’s reach the end of their useful life

§As one of two viable suppliers, EMCORE offers the best performance in the industry
   with outstanding space heritage and a strong reliability record

§Government/Defense Programs: EMCORE is a leading engineering and
   manufacturing service company for government/defense programs

§Technology leader: Record high-efficiency solar cells for space applications (32%
   with IMM design)

§Solution oriented: EMCORE provides enabling solutions to mission critical programs

Backlog

§Backlog exceeding $70M 

§One of the government programs was terminated recently.

September 5, 2007

14

Source:  Merrill Lynch

Solar Module Market

§

2006 market for solar modules was approximately 2.2GW and >$8B worldwide

§

Growth forecasted at ~24% CAGR. The market size will be 7GW and $18B by 2010

§

Growth drivers:

§

Increased demand and cost of power

§

Government incentives

§

Reduced cost of solar power

§

Environmental concerns and political pressure

§

Germany and Japan accounted for 80% of total demand in 2005

§

US and Spain are likely to be the fastest growing markets over the next several years

September 5, 2007

15

u

Solar Module Technologies

§

Crystalline Si: Conversion efficiency of 12-20% at module level

§

   Predominant technology

Most versatile for all applications 

§

Si shortage (at least until late of 2008)

Relatively high price: ~$3.5/W

Easy to scale up in production 

§

Low efficiency of surface area/land use 

Environmental concerns with some materials (Cadmium Telluride)

§

Concentrator Photovoltaics (CPV): efficiency of 25-30% at module level

§

Most efficient land use – more power generated per area

Less equipment and material requirement for production scale up

Suitable for commercial, agricultural, and power utility applications

More efficient for direct illumination than difused light

§

u

Pros:

u

u

 Cons:

u

 Pros:

 u

u

u

 Cons:

u

u

 

More cost effective ~$2.5/W

Pros:

u

u

 Thin Film: Conversion efficiency of 5-7% at module level

§

§

 Most Effective~ $2/W

 Cons:

u

u

More efficient for direct illumination than diffused light

September 5, 2007

16

Solar Flux

Lens

Solar Cell

Receiver

1x

1,000x

Utilizes advanced solar cells to provide most cost effective solution

7x 5” Silicon cells

Produce Equal Power As

1x 1 cm² triple

junction CPV

Terrestrial Application of Triple

Junction Technology

§

EMCORE’s triple junction solar cell technology is being adapted for terrestrial power generation

§

Lens concentrates solar flux to 500–1,000 times normal irradiance

§

Conversion efficiency improves under concentrated illumination

§

36% cell efficiency in production

§

40% cell will be introduced in 2007

September 5, 2007

17

Year of Production

Emcore  Terrestrial  Solar  Cells -  
History & Roadmap

Emcore  Terrestrial  Solar  Cells -  
History & Roadmap

Emcore Solar Cell Technology - 

Performance at 500x

2005

2006

2008

33.0%

Concentrator 

Triple

Junction

(CTJ)

36.0%

2nd Generation

Concentrator

Triple

Junction

(CTJ  )

43.0%

Inverted 

Meta-Morphic

IMM

40.0%

3rd Generation

Concentrator 

Triple 

Junction

(CTJ  )

45.0%

2nd 

Generation

(IMM  )

2010

30%

32.5%

35%

37.5%

40%

42.5%

45%

2007

2

 2

 3

September 5, 2007

18

§Concentrator Solar Cells

§39% efficient (under 1000x) cells achieved

§37% efficient CPV cells in production

§Provide standard and custom form factors to over
   15 customers

§Recent order of $24M from GGE

§Supply agreement ($100M over 5 years)

§CPV Receivers

§Standard design and package

§CPV Modules

§Internal design and applications

§CPV System

§Supply agreement with World Water and Solar
   technologies ($100M over 3 years)

§New partnership under development

EMCORE Terrestrial PV Products 

September 5, 2007

19

September 5, 2007

20

Growth Drivers of EMCORE

Terrestrial PV Business

§

EMCORE is the technology leader in multi-junction concentrator solar cells

§

36% efficient CPV cells in production

§

Aggressive roadmap to 45% efficiency by 2010

§

EMCORE is supporting numerous system developers with a broad range of custom CPV components

§

Backlog of over 20MW

§

Agreement for $100M supply over 7 years

§

EMCORE is pursuing an early market entry into CPV systems

§

Gen 1 system operating “on sun” for 5 months

§

Gen 2 to enter production in Fall of 2007

§

Demand is lined up with a supply agreement and strategic partners

§

Current annual capacity greater than 50MW

§

Well positioned to be a major player, with significant advantage in system performance and cost basis

§

Costs will be continuously reduced through system optimization and solar cell efficiency improvement

September 5, 2007

21

Recent Progresses

§Made great progress on CPV solar cell performance - record 39%
   efficiency under 1000x concentration

§CPV technology is gaining market acceptance as evidenced by the recent
   $24M order of CPV solar cells

§Closed three design centers and relocated key talents to main locations

§will not lose any capability and product offering

§will reduce the cost by ~$7M per year

§Closure of Somerset and Sunnyvale sites before end of the year will
  recognize additional ~$2.5M savings

§EMCORE China is up and running to accept multiple production transfer
   from the US operations

September 5, 2007

22

FY08 Revenue Drivers (continued operations only)

§Emerging business from terrestrial solar (ESP) systems in 2008

§Strong space solar business: ~25% YoY growth

§Strong CATV and video business: ~30% YoY growth

§Recovery of 10G business and revenues
    from new markets (telecom & Infiniband)

Revenue History and Projection
from Current Businesses

$115 
+40%

($ in millions)

$32

$50

$82 

+64%

$143

+24%

$167

+17%  

FY02

FY04

FY03

FY05

FY06

FY07

Projection

$210-230

+26- 38%  

FY08

Forecast

September 5, 2007

23

September 5 2007

EMCORE Corporation

Roth Capital Growth Conference 

New York City, September 5, 2007

Reuben F. Richards, Jr.  Chief Executive Officer

Hong Hou, President and Chief Operating Officer

September 5, 2007

24