Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) and TTTech
(www.tttech.com) announced today that they are teaming to supply
next-generation mission-critical flight computers to a leading
international aerospace and unmanned aerial vehicle (UAV)
manufacturer. The flight computers require a Design Assurance Level
of A (DAL-A), the highest level of flight-safety certification for
platform missions within civilian airspace.
Mercury’s BuiltSECURE™ configurable, flight-safety certifiable
ecosystem includes mezzanine sites for design maneuverability and
multiple OpenVPX compute zones enabling processing solutions with
different levels of safety certification to converge into a single
subsystem. TTTech’s highly integrated flight-safety-certifiable
deterministic Ethernet TTE-End System is packaged as an open
systems compliant PMC mezzanine for ease of integration. Both
Mercury’s and TTTech’s certifiable building blocks have Future
Airborne Capability Environment (FACE) compliance.
Mercury processing solutions with BuiltSAFE™ capabilities bring
the highest level of flight-safety assurance to aerospace and
defense applications. The proven, reusable DAL-certified artifacts
for mission computing, avionics, networking and datalink
communications processing save time and cost while decreasing
risk.
“Mercury’s and TTTech’s combined flight-safety-certifiable
processing solutions enabled us to create exceptional value for our
customer by solving more of their engineering and flight
certification challenges,” said Ike Song, Mercury’s Vice President
and General Manager for Mercury Mission Systems. “By leveraging
open system architectures, our customer was able to access a more
sophisticated and comprehensive mission-critical processing
solution with lower program and technical risk.”
TTTech’s TTE-End System A664 Pro board delivers deterministic
Ethernet and uniquely integrates IEEE 802.3 Ethernet,
rate-constrained ARINC 664 p7 and time-triggered SAE AS6802 into
one physical infrastructure. The TTE-End System is certifiable to
civil aerospace standards including RTCA DO-254/DO-178C DAL A and
DO-160G.
“Mercury’s and TTTech’s open systems, top-down approach to
building in flight-safety compatibility enabled our customer’s
schedule and development budget to shrink,” said Christian Fidi,
TTTech’s Director Product Management, Sales and Marketing. “All the
processing and networking capabilities required for this
comprehensive, mission-critical processing solution was quickly
architected using pre-engineered, open systems building blocks and
is wholly ready for flight-safety certification.”
Mercury’s and TTTech’s flight-safety experts have extensive
European Aviation Safety Agency (EASA) and Federal Aviation
Administration (FAA) experience enabling them to produce advanced
mission-critical processing solutions, requiring the highest levels
of flight certification quickly, in a low-risk environment.
For more information, visit mrcy.com/missioncomputing or contact
Mercury at (866) 627-6951 or info@mrcy.com.
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 and follow us on
Twitter.
About TTTech GroupThe TTTech Group comprises
the globally oriented high-tech companies TTTech Computertechnik
AG, TTTech Auto AG and TTControl GmbH. The companies offer products
and services based on highly innovative software technology
combined with a deep understanding of digital transformation in key
verticals. With real-time networking platforms and safety controls,
TTTech solutions improve the safety and reliability of electronic
systems in the industrial and transportation sectors.
The TTTech Group portfolio helps to make automated driving and
the Internet of Things a reality. TTTech Group builds on 20 years’
technology leadership with extensive experience in collaborating
with market leaders. TTTech is the innovator of Deterministic
Ethernet and a driving force behind the IEEE TSN standard and SAE
Time-Triggered Ethernet standard.
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.
Mercury Systems is a trademark and Innovation That Matters is a
registered trademark of Mercury Systems, Inc. Other product and
company names mentioned may be trademarks and/or registered
trademarks of their respective holders.
Media
Contacts: |
|
Robert McGrail,
Director of Corporate Communications |
Marco Lehner, Marketing
Communications |
Mercury Systems,
Inc. |
TTTech Computertechnik
AG |
+1 978-967-1366 /
rmcgrail@mrcy.com |
+43 1 585 34 34-473 /
pr@tttech.com |
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