Mercury Systems Ships First Space-Qualified Commercial Solid State Drives for Low Earth Orbit Satellite Application
January 23 2019 - 4:15PM
Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced the
first prototype shipments of the Company’s 3U TRRUST-Stor™ VPX RT
space-qualified secure solid-state drives (SSD) to two leading
suppliers of low Earth orbit (LEO) satellites. Designed to operate
reliably in high radiation environments, this device is the first
commercial SSD leveraging VITA 78 SpaceVPX™ standards to reduce
customer cost and mitigate program risk. In addition to commercial
satellite applications, this device is ideally suited for
high-altitude aircraft, airborne weapons and mission-critical
ground computing systems.
“Customer demand for commercial radiation-tolerant SSD devices
for LEO satellites has far surpassed our expectations as we
continue to gain share in this dynamic market,” said Iain Mackie,
Vice President and General Manager of Mercury's Microelectronics
Secure Solutions group. "I am immensely proud of the employees of
our Phoenix Advanced Microelectronics Center who have successfully
demonstrated that Mercury’s innovative next-generation business
model unlocks value for satellite designers and manufacturers
around the globe."
At the heart of the SSD is Mercury’s proprietary NAND controller
with BuiltSECURE™ error correcting code (ECC) algorithms. These ECC
algorithms mitigate radiation-induced byte errors, thereby enabling
sustainable reliability and fault tolerance that are not available
with competing storage solutions. As Mercury maintains 100%
authority over the controller and its implementation, this device
is readily customizable for non-traditional use cases when deemed
critical to a customer’s program.
Honored with a Platinum award in the category of Trusted
Computing in the 2018 Military & Aerospace Electronics
Innovators Awards program, Mercury’s TRRUST-Stor VPX RT device
provides long-term data integrity. Engineered into an open
standards platform, customers can seamlessly integrate this device
into the SpaceVPX ecosystem of processing boards and chassis
without sacrificing affordability. As the need for
radiation-tolerant devices for LEO satellites proliferates, system
development around the SpaceVPX open standard architecture will be
integral in supporting the growth of the space market.
Mercury’s dedication to all aspects of industrial security
extends far beyond product design and into the cadence of its daily
operations. The Company’s entire portfolio of advanced digital
microelectronic solutions are designed and manufactured in a
Defense Microelectronics Activity (DMEA)-accredited facility for
design, packaging, test and broker services. Several of Mercury’s
facilities have been recognized for excellence by receiving a
Superior rating from the Defense Security Service (DSS).
Flight units are scheduled to ship in the first half of calendar
year 2019. To secure a device for your program, for
application assistance or additional product information, customers
can visit http://www.mrcy.com/Rad-Tolerant-SSD or contact Mercury
at Secure.SSD@mrcy.com or (866) 627-6951.
Mercury Systems – Innovation That
Matters®Mercury Systems is a leading commercial provider
of secure sensor and safety-critical processing subsystems.
Optimized for customer and mission success, Mercury's solutions
power a wide variety of critical defense and intelligence programs.
Headquartered in Andover, 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 StatementThis 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 fiscal 2019 business performance and
beyond and the Company's plans for growth and improvement in
profitability and cash flow. 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 any U.S. Federal government
shutdown or extended continuing resolution, 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 contractor 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 cyber-security regulations and
requirements, changes in tax rates or tax regulations, 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, 2018. 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.
Contact:Robert McGrail, Director of Corporate and Investor
CommunicationsMercury Systems, Inc.+1 978-967-1366 /
rmcgrail@mrcy.com
Mercury Systems, TRRUST-Stor and BuiltSECURE are trademarks and
Innovation That Matters is a registered trademark of Mercury
Systems, Inc. SpaceVPX is a trademark of VITA. Other product and
company names mentioned may be trademarks and/or registered
trademarks of their respective holders.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/9835ed97-904e-4909-b649-9d7564209ffd
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