Mercury Systems Receives $3.8M RF Microelectronics Order for Airborne Electronic Warfare Application

Funding Rounds

Summary

Mercurys comprehensive portfolio of commercial RF and microwave solutions include high-performance components, integrated multi-function modules, and pre-integrated subsystems ruggedized for the harsh operating environments typically encountered by military forces.With advanced design and simulation tools, the Company has a proven record of commercializing highly differentiated RF and microwave innovations in the smallest and most rugged form factors required for defense applications."In addition to providing affordable, long-term supply of these critical RF subsystems, we continue to make significant investments to commercialize electronic warfare solutions addressing tomorrows threat environment."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 Companys plans for growth and improvement in profitability and cash flow.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 Companys 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. Governments interpretation of, federal export control or procurement rules and regulations, market acceptance of the Companys 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.

$ Funding

$
Amount $3.8M Total raised
Date March 2, 2018 Announcement date
Investors Notified, Mercury Systems Lead investors
Company - Funded company

Classifications

industries
Aerospace
applications
Web and Content Management

AskAI Classifications

Labels
Embedded Software Developer Tools Defense Technology

Linked Companies

INXPO
$5M to $10M
Mercury Systems
$500M to $1B