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Mercury Systems Receives $4.7M Artificial Intelligence Processing Technology Order for Airborne Electro-Optic Application

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: GlobeNewswire
ANDOVER, Mass., April 08, 2020 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it received a $4.7 million order from a leading defense prime contractor to provide artificial intelligence (AI) processing technology for integration into an advanced airborne electro-optic system. The order was booked in the Company’s fiscal 2020 third quarter and is expected to be shipped over the next several quarters. “Mercury solutions are designed to be the most rugged, durable and highest performing available to meet the rigorous demands of military and commercial customers,” said Joe Plunkett, Mercury’s Vice President and General Manager for Mercury’s Sensor Processing group. “Our ability to provide datacenter-quality processing architecture in an embedded solution allows our customers to quickly extract critical information from electro-optical/infrared (EO/IR) imagery using th Show less Read more
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