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Altair Technology Now Available to More Than 3,500 Teams in the FIRST® Robotics Competition Kit of Parts

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Altair (Nasdaq: ALTR) expands its relationship with FIRST, providing more than 3,500 high school teams with free access to leading technology like Altair® RapidMiner® and Altair® Inspire™. The collaboration aims to enhance students' technical skills and support a diverse community, aligning with FIRST's goal of preparing young people for the future through robotics programs. Altair's commitment to students and technology is highlighted, emphasizing the convergence of simulation, data, and digital twins in engineering as critical to students' future and professional development.
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All competing teams now have free access to Altair technology, including leading tools like Altair® RapidMiner® and Altair® Inspire™

TROY, Mich., Dec. 5, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), has expanded its relationship with FIRST® (For Inspiration and Recognition of Science and Technology) and Altair technology is now available to all teams in FIRST® Robotics Competition Kit of Parts. More than 3,500 high school teams competing in the 2024 season of FIRST Robotics Competition will have free access to Altair's leading technology, including premier solutions like Altair® RapidMiner® and Altair® Inspire™. Altair's collaboration with FIRST will bolster students' technical skills and support a diverse community of students by building citizenship, self-esteem, and leadership through hands-on experiences and project-based learning.

"Furthering our collaboration with FIRST is a perfect example of Altair's commitment to students and the role they have on technology, both today and in the future," said James R. Scapa, founder and chief executive officer, Altair. "Altair and FIRST share the same core values, and we are incredibly proud to team up with an organization that has such a lasting positive impact on tens of thousands of students around the world every year."

"The FIRST community is excited to extend its relationship with Altair, and we know their tools, technology, and support will help FIRST deliver on its organizational vision," said Chris Moore, FIRST chief executive officer. "Our goal is for all students to have the STEAM skills they need to succeed."

Access to Altair's technology will give students the chance to become Altair Real-World Ready™ with best-in-class industry-grade tools before they start their professional career. Students can utilize Altair's design, simulation, and data solutions to build better robots faster. By using Altair technologies, students will understand why the coming together – or convergence – of simulation, data, and digital twins in engineering, including principles like rapid prototyping, AI, topology optimization, will be critical to their future and professional development.

FIRST is a global non-profit public charity corporation founded in 1989 with the goal of preparing young people for the future through a suite of inclusive, team-based robotics programs for ages 4-18. The FIRST Robotics Competition program debuted in 1992 and operates in more than 26 countries and regions worldwide with participants in grades 8 - 12. Overall, FIRST has reached more than 2.5 million student participants around the world since its inception.

To learn more about Altair's collaboration with FIRST and the technology now available to all FIRST teams, visit https://web.altair.com/first-robotics. To learn more about FIRST and the FIRST Robotics Competition, visit https://www.firstinspires.org/.

About Altair

Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit https://www.altair.com/.

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Altair Corporate                                                 Altair Investor Relations
Bridget Hagan                                                   Monica Gould, The Blueshirt Group
+1.216.769.2658                                               +1 212.871.3927
bhagan@altair.com                                           ir@altair.com

Altair Europe/The Middle East/Africa
Charlotte Hartmann
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emea-newsroom@altair.com

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SOURCE Altair

FAQ

What is Altair's ticker symbol?

Altair's ticker symbol is ALTR on the Nasdaq stock exchange.

What technology is Altair providing to FIRST teams?

Altair is providing leading technology like Altair® RapidMiner® and Altair® Inspire™ to more than 3,500 high school teams in the FIRST Robotics Competition Kit of Parts.

What is the goal of FIRST?

FIRST aims to prepare young people for the future through inclusive, team-based robotics programs for ages 4-18, with a focus on STEAM skills.

How many student participants has FIRST reached?

FIRST has reached more than 2.5 million student participants around the world since its inception in 1989.

What is Altair's commitment to students and technology?

Altair's commitment to students and technology is highlighted through the collaboration with FIRST, aiming to enhance students' technical skills and support a diverse community.

What is the significance of Altair's technology for students?

Altair's technology will give students the chance to become Altair Real-World Ready™ with best-in-class industry-grade tools before they start their professional career, emphasizing the convergence of simulation, data, and digital twins in engineering as critical to students' future and professional development.

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altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. privately held with more than 2,500 employees, altair has more than 45 offices in 24 countries throughout north america, south america, europe and asia/pacific. with a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defense, and consumer products verticals. altair also has a growing client presence in the life sciences, financial services and energy markets.