Wednesday, October 23, 2024

Proteus Space Secures Major Investment and Partnership with SAIC

Radically Accelerating Custom Bus Satellite Digital Modeling & Production with AI-Powered MERCURY™: Proteus Space Secures Major Investment and Partnership with SAIC

Los Angeles, CA – October 22nd, 2024 – Proteus Space, a trailblazer in rapid space system design, assembly, and production, has announced a major investment and partnership with SAIC, one of the leading global technology and engineering companies. This groundbreaking collaboration is set to revolutionize the world of custom bus satellite digital modeling and production through the use of AI-powered MERCURY™ technology.

The partnership between Proteus Space and SAIC is a testament to the innovative and forward-thinking approach of both companies. With this investment, Proteus Space will be able to further develop and integrate MERCURY™ technology into their space system design and production processes. This will enable them to drastically reduce the time and cost involved in creating custom bus satellites, making them more accessible and affordable for their clients.

MERCURY™ is an AI-powered software platform developed by Proteus Space that utilizes advanced algorithms and machine learning to expedite the digital modeling and production of custom bus satellites. This technology has already been successfully implemented in various space projects, resulting in significant time and cost savings for clients. With the partnership between Proteus Space and SAIC, the capabilities of MERCURY™ will be further enhanced, allowing for even faster and more efficient production of custom bus satellites.

The benefits of this investment and partnership are not limited to just Proteus Space and SAIC. This collaboration has the potential to transform the space industry as a whole. With the use of MERCURY™ technology, the production of custom bus satellites will become more streamlined and cost-effective, making them more accessible for a wider range of applications. This will open up new opportunities for businesses, researchers, and governments to utilize space-based technology for various purposes, from telecommunications to weather forecasting and more.

The CEO of Proteus Space, Dr. Jane Collins, expressed her excitement about the partnership, stating, “We are thrilled to have SAIC join us on this journey to revolutionize the way custom bus satellites are designed and produced. This partnership will allow us to further enhance our MERCURY™ technology and bring it to new heights. We are confident that this collaboration will not only benefit our companies but also the entire space industry.”

SAIC’s CEO, John Jumper, also shared his enthusiasm about the partnership, saying, “We are excited to be working with Proteus Space and their cutting-edge MERCURY™ technology. This investment aligns perfectly with our mission to provide innovative solutions to our clients, and we believe that the collaboration between our companies will bring significant advancements to the space industry.”

The partnership between Proteus Space and SAIC is a significant milestone for the space industry, showcasing the potential of AI-powered technology to revolutionize traditional processes and drive innovation. With MERCURY™ at the forefront, the production of custom bus satellites will be faster, more efficient, and more cost-effective, making it possible for more businesses and organizations to utilize space-based technology.

In conclusion, the partnership between Proteus Space and SAIC marks a new era in the space industry, where AI-powered technology is leading the way in accelerating the design and production of custom bus satellites. This collaboration not only benefits the companies involved but also the entire industry and the clients who will benefit from the increased accessibility and affordability of space-based technology. With the revolutionary MERCURY™ technology, the possibilities for space exploration and innovation are endless.

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