Mercury Partners With CoreAVI To Provide Advanced Safety-Critical Computing Platforms - Mercury Sys (NASDAQ:MRCY)

Mercury Systems Inc MRCY teams up with CoreAVI to provide CoreAVI's safety-certified graphics, video, and GPU compute solutions to aerospace and defense customers.
This licensing agreement addresses the growing demand for safety-critical solutions and open standards platforms in the defense market.
Mercury to be the exclusive worldwide sales channel for combining CoreAVI's software and COTS hardware for the aerospace and defense markets, providing a single source for the safety-critical open standard platform.
Additionally, Mercury and CoreAVI also work together to develop and market safety-certified highly integrated artificial intelligence (AI) microelectronics technology for rugged, mission-critical enhanced situational awareness and connected autonomous systems.
Price Action: MRCY shares closed higher by 2.69% at $66.3 on Tuesday.