), an original equipment manufacturer (OEM) of a broad range of
high-reliability and analog/mixed signal integrated circuits,
announced that it provided space solutions in the epic journey of
Curiosity's landing on the red soil of Mars.
On August 6, 2012, NASA successfully landed a robotic space
probe mission to Mars that started its journey on November 26,
2011. The reason for sending the robot to Mars was to gather
information about its habitability, climate and geology, as well as
the collection of data for a manned mission to Mars. The robot
contains many critical components for the mission's success.
Microsemi supported the critical mission by providing some of
the crucial components on Curiosity that were used in its launch
systems, avionics, telemetry, navigation, drive control, mission
computers, cameras and other instruments.
Microsemi has been an active participant in U.S. space programs
as it provided semiconductor solutions to the first Atlas rocket
launched more than five decades ago. The successful landing of
Curiosity also marks the credibility, reliability and innovative
prowess of the company.
Also as per research by RNCOS, a research and consultancy firm,
the global aerospace segment is expected to grow at a CAGR of 2.5%
during 2012-2015 and is estimated to reach $ 460.0 billion by
Over the past five decades, Microsemi's has remained at the
forefront of innovations supporting space exploration (among other
segments). This has given rise to a comprehensive product portfolio
comprising a wide range of high-performance, high-reliability radio
frequency (RF) and power components, analog and RF integrated
circuits (ICs), standard and customizable system-on-chip solutions
(SoCs/cSoCs), and mixed-signal and radiation-tolerant field
programmable gate arrays (FPGAs).
Microsemi's revenue in the third quarter of 2012 was $259.2
million, up 4.0% sequentially and 19.6% year over year. Thedefense
& security market generated 28% of sales, increasing 2.0%
sequentially and aerospace generated 21% of revenue, increasing
5.0% sequentially. The defense, aerospace and medical markets
largely consume Microsemi's high reliability chips, while the other
markets use its analog/mixed signal products.
Currently, Microsemi Corporation has a Zacks Rank of #3,
implying a short-term 'Hold' recommendation.
MICROSEMI CORP (MSCC): Free Stock Analysis
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