CHELMSFORD, Mass. – Feb. 23, 2017 – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), announced that it has launched the Mercury Mission Systems (MMS) product line to address the immediate needs for safety-critical solutions for mission computing, avionics and platform management in the defense and commercial aerospace markets. MMS products feature not only the highest level of design assurance but also a full set of supporting software that reduces integration time and effort. The product line includes solutions from the former Creative Electronic Systems, S.A. (“CES”) located in Geneva, Switzerland, acquired by Mercury Systems on November 4, 2016.
MMS products will reach a global customer base and provide immediate benefits while leveraging 35 years of aerospace experience designing subsystems deployed in applications certified up to the highest levels of design assurance, DAL-A, for both DO-254 and DO-178. These safety-qualified product and subsystems solutions include primary flight control units, flight test computers, mission computers, command and control processors, graphics and video processing, and avionics-certified Ethernet and I/O.
“The launch of the Mercury Mission Systems product line demonstrates our commitment to offer affordable, innovative mission computing and platform management solutions to a broad set of top-tier aerospace customers,” said Ian Dunn, Vice President and General Manager of Mercury’s Sensor and Mission Processing group. “Together, Mercury’s mission computing and sensor processing solutions will provide an unprecedented combination of safety-critical and secure processing.”
A key advantage that Mercury Mission Systems products bring to Mercury’s customers is a much deeper software stack for easier integration. Unlike other mission processor and platform management boards available in the embedded computing market that typically are provided with only a basic board support package (BSP), MMS products includes a DAL-certifiable bootloader, built-in test and health monitoring software specifically designed for each board, thereby reducing both integration time and overall deployment costs. Mercury Mission Systems also provides a rich set of equipment configuration software tools to help customers efficiently assemble complex multi-processor and multi-FPGA systems where a fast-loading mechanism and reliable version control of all software elements are required.
Mercury Systems – Innovation That Matters™
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and mission processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Chelmsford, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com.
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government’s interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company’s products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2016. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
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Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / [email protected]
Mercury Systems and Innovation That Matters are trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.