Three composites materials, Glare 2 fiber metal laminates, graphite/epoxy (Gr/Ep) and carbon/carbon (C/C) have been tested mechanically under quasi-static loading in uniaxial and bending modes using uniform and notched specimens. Acoustic emission (AE) technique was utilized in tracking the damage accumulation profile during loading up to fracture in terms of AE counts rate and cumulative. In addition wavelet transforms was used to process AE signals in order to obtain both frequencies and time information on the main failure mechanism and the sequential events during fracture process. This was supported by light and electron microscopies characterizations. The mechanical and acoustical responses were examined with respect to orientation and temperature effects for the Glare 2, exposure temperature effect for the Gr/Ep and porosity degree effect for the C/C. Manifestly, the AE results demonstrate different damage build-up profiles and point to a transition in failure micro-mechanisms with respect to the influence of each parameter (temperature, orientation, and density) on the specific composite tested. For the Gr/Ep, the wavelet transforms indicate the sequence of events in the fracture process, from fiber breaks followed by debonding and ending with matrix cracking. In some cases, it has been observed that the damage accumulation profile in terms of AE resembled the dependency of the crack density versus the strain predicted by a micro-mechanical damage model.