Mercury Systems Announces Defense Industry's First Space-Qualified Commercial Solid-State Drive
March 08 2018 - 4:15PM
Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com) announced the
start of customer engagements for its new TRRUST-Stor™ VPX RT
family of space-qualified radiation-tolerant secure solid-state
drives (SSD) featuring BuiltSECURE™ technology. As the first
commercial SSD precision-engineered for the harshest possible
operating environments, the Company's new product line leverages
OpenVPX™ standards to reduce customers' design cycles and mitigate
program risk. In addition to commercial satellite applications, the
new device can also be adapted for other applications in
radiation-intense environments, including high-altitude aircraft,
airborne weapons, and mission-critical ground computing systems.
Conventional storage devices for space applications are designed
with legacy architectures limiting data transfer rates to less than
1 GB per second. These architectures also fail to include error
correction algorithms to counter the effects of ionizing radiation
damage to the flash memory storage elements, thereby compromising
data integrity. These space-grade storage solutions lock system
architects into a costly custom backplane solution, thereby
removing the benefits of interoperability and cost savings enabled
by open standard architectures.
Mercury's new space-grade storage device surmounts these
limitations using its portfolio of advanced BuiltSECURE error
correction algorithms paired with large geometry industrial-grade
Single-Level Cell (SLC) NAND flash memory. Designed for fault
tolerance with up to six failed NAND devices, the Company's new
device offers long-term data integrity for applications where
device repair or replacement is cost-prohibitive. Recognizing that
no two mission requirements are identical, customers can tailor
power consumption against performance requirements for each unique
mission. Mercury's new storage product is designed for seamless
integration with the OpenVPX ecosystem of processing boards and
chassis.
"Having supplied commercial RF and microwave devices for more
than 30 years for space applications, we are now leveraging the
power of Mercury's next-generation business model to deliver the
first commercial SSD ruggedized for space environments," said Iain
Mackie, Vice President and General Manager of Mercury's
Microelectronics Secure Solutions group. "Our innovative
fault-tolerant design protects our customers' high-value investment
using our deep domain expertise in secure solid-state drive design
and manufacturing."
Mercury's resolute commitment to 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. Mercury's dedication to
excellence in all aspects of industrial security has been
recognized with several of its facilities having received a
Superior rating from the Defense Security Service (DSS).
Mercury's application engineering team routinely provides
innovation that matters for the most complex application
environments. For application assistance, additional product
information or purchase inquiries, customers can visit
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 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 fiscal 2018 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 control or procurement rules and regulations, market
acceptance of the Company's products, shortages in components,
production delays 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, 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, 2017. 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
CommunicationsMercury Systems, Inc.+1 978-967-1366 /
rmcgrail@mrcy.com
Mercury Systems, Innovation That Matters, TRRUST-Stor, and
BuiltSECURE are trademarks of Mercury Systems, Inc. OpenVPX 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/21e2e5ca-4ee7-4e0e-acda-a2de1e27100d
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