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Stock impact report

Leonardo DRS Inc. (DRS) Achieves First on-Orbit Test on Proprietary Technology [Yahoo! Finance]

Leonardo DRS, Inc. (DRS) 
Company Research Source: Yahoo! Finance
company confirmed the first on-orbit test of its revolutionary multi-channel, software-defined radio. It marks a significant milestone in validating the technology's ability to secure US military satellite data transport at the tactical edge. Michael Fitzsimmons/Shutterstock.com The eXtended Crypto Module3-Space (XCM3-Space) is designed for the next generation of crypto and multi-channel SDR capabilities. Therefore, it can address emerging cyber and electronic warfare threats to military satellite data transport. “Secure, flexible satellite data transport is the backbone of modern military operations,” said Larry Ezell, senior vice president and general manager of Leonardo DRS Airborne and Intelligence Systems. “Our investments in next-generation low Earth orbit SDR provide a decisive leap forward, overcoming the limitations of legacy systems that are rigid and difficult to update once deployed. Additionally, on December 8, the company entered into a memorandum of intent with Show less Read more
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