Welcome to our dedicated page for Mercury Systems news (Ticker: MRCY), a resource for investors and traders seeking the latest updates and insights on Mercury Systems stock.
Mercury Systems Inc. develops secure open-architecture processing technology for aerospace and defense missions. The company’s Mercury Processing Platform spans signal processing, mission computing, sensor processing, command and control, communications, solid-state data recording, and edge processing applications used by defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace customers.
Recurring Mercury Systems news covers quarterly results, bookings, backlog, cash flow, and program demand, along with contract awards tied to space, strategic weapons, satellite, and electronic warfare applications. Company updates also include production capacity actions, specialized manufacturing capabilities such as the SolderMask acquisition, and product activity around radiation-hardened or radiation-tolerant storage and processing subsystems, RF modules, ARES radar environment simulators, and mPOD jammer training pods.
Mercury Systems Inc. (NASDAQ: MRCY) will participate in the Jefferies Virtual Industrials Conference on Aug. 3-4, 2021. A presentation providing an overview of the company’s business is scheduled for Aug. 4 at 10:00 a.m. ET. The event will be webcast live and accessible via Mercury’s investor website, with a replay available for 30 days. Headquartered in Andover, Mass., Mercury specializes in secure technologies for aerospace and defense, emphasizing its commitment to delivering Innovation That Matters.
Mercury Systems, Inc. (NASDAQ: MRCY) announced a partnership with CoreAVI to provide safety-certified graphics and GPU compute solutions for aerospace and defense markets. This exclusive agreement addresses the rising demand for safety-critical technologies and supports open standards. The collaboration aims to enhance mission-critical applications by integrating CoreAVI’s software with Mercury’s mission computing solutions. Both companies will also develop advanced AI technology to improve situational awareness and support autonomous systems. This partnership reinforces Mercury's commitment to innovation and safety in avionics.
Mercury Systems has launched a new line of safety-certifiable 3U OpenVPX™ SOSA-aligned avionics modules aimed at reducing integration costs and risks in avionics applications. These modules support advanced workloads like artificial intelligence and augmented reality, facilitating faster certification processes. Highlights include the SBC3515-S module, the first Intel® Core™ i7 single board computer with up to 40x better performance than traditional boards. The collaboration with Intel enhances system reliability, reducing development time and costs.
Mercury Systems Inc. (NASDAQ: MRCY) will release its fourth quarter and fiscal year 2021 financial results on August 3, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss the results and provide outlook updates. The company is recognized for its secure technologies in aerospace and defense sectors. Forward-looking statements in the press release highlight risks such as funding uncertainties, market conditions, and technological changes. Investors are advised that actual results could differ from projected outcomes due to these risks.
Mercury Systems has delivered over 1,000 NanoSWITCH rugged network switches to Oshkosh Defense for the Joint Light Tactical Vehicle (JLTV) program. This delivery signifies a major milestone in Mercury's 40-year history of providing secure and reliable subsystems for defense. The NanoSWITCH enhances Ethernet switching capabilities and ensures compliance with VICTORY standards for interoperability. The commitment to compact and lightweight solutions supports long-term defense programs, reflecting Mercury's role in the aerospace and defense sectors.
Mercury Systems has unveiled its groundbreaking EnsembleSeries HDS6705 blade server, a 6U OpenVPX™ embedded computing solution designed for aerospace and defense applications. This server provides high-performance processing with built-in security, powered by Second Generation Intel Xeon Scalable processors. It is expected to be available in Q2 CY2022, alongside the LDS6708 single board computer, which emphasizes enhanced physical security and lower power requirements. Both products are aimed at delivering innovative technology solutions while safeguarding mission-critical data.
Mercury Systems announced that its facilities in Cypress, CA and West Caldwell, NJ have been awarded the 2021 James S. Cogswell Outstanding Industrial Security Achievement Award by the U.S. Defense Counterintelligence and Security Agency (DCSA). This brings the total number of Cogswell awards received by the company to six. The award honors facilities demonstrating industrial security excellence, with less than 1% of the 13,000 cleared facilities nationwide receiving this recognition. The company aims to enhance trusted technologies for aerospace and defense sectors.
Mercury Systems Inc. (NASDAQ: MRCY) has launched the RH3480, the highest-density commercial solid-state data recorder (SSDR) designed for radiation-intensive applications. This compact and rugged SSDR is tailored for low-earth orbit satellites, aircraft, and scientific missions, featuring horizontal error correction and industrial-grade flash memory to ensure long-term data integrity. Mercury has a strong track record, delivering over 20,000 space-qualified devices without failures. The RH3480 aims to meet the burgeoning need for efficient data storage and transmission in advanced satellite technologies.
Mercury Systems, Inc. (NASDAQ: MRCY) announced the acquisition of Pentek Technologies and Pentek Systems for $65 million, expected to enhance its software-defined radio and data acquisition offerings. This acquisition aims to deepen Mercury's market presence in radar and electronic warfare fields and is forecasted to add approximately $20 million in revenue for the fiscal year ending July 1, 2022. The deal is expected to be immediately accretive to adjusted EPS, aligning with Mercury's strategy for low-risk content expansion and increased total addressable market.
Mercury Systems Inc. (NASDAQ: MRCY) will present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 8:00 a.m. CDT. The event will be held in Andover, Massachusetts, where Mercury leads in secure mission-critical technologies for aerospace and defense.
The presentation will be available via a live webcast on Mercury's investor website, with a replay accessible for 90 days after the event. Mercury Systems focuses on delivering trusted open architecture solutions for challenging environments.