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Mercury to develop data processing subsystem for U.S. satellite program

January 21, 2025

Mercury Systems, Inc. (NASDAQ: MRCY) has been awarded a $24.5 million contract to develop a data processing and storage subsystem for a U.S. Defense Department (DoD) satellite program.

Under a contract with an innovative space systems prime contractor, Mercury will deliver a number of these subsystems that leverage its commercial products and deep expertise in data recording, data processing, and subsystem integration for defense applications. The solution features Mercury’s SCFE6933 processing board that employs AMD Versal™ AI Core series FPGAs and the company’s new RH304T solid-state data recorder, a radiation-tolerant 3U device with 4.5 terabytes of capacity.

“We are proud to support this critical U.S. national security mission,” said Joe Plunkett, Vice President of Mercury’s Advanced Concepts Group, which was formed to drive innovative, next-generation technology solutions for customers. “The Mercury Processing Platform has an incredible breadth of capabilities that can be integrated in virtually limitless ways to enable mission-critical processing at the edge.”

“Mercury was chosen to develop this subsystem because of our unique model and approach to innovation, where commercial products can be leveraged to create new and valuable solutions,” said Roger Wells, Mercury’s Chief Operating Officer. “This success is owed in no small part to the more integrated organizational structure we put in place last year, which has unlocked Mercury’s potential and will fuel our growth in the years ahead.”

About Mercury Systems
Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has 23 locations worldwide.

Filed Under: Contracts & Commercial Deals, Defense Budgets & Procurement

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