Proteus Space Secures Major Investment and Partnership with SAIC

Radically accelerating custom bus satellite digital modeling & production with AI-powered MERCURY™

Los Angeles, CA – October 22nd, 2024 – Proteus Space, a trailblazer in rapid space system design, assembly, and deployment, today announced a significant investment from SAIC, a technology integrator focused on serving the mission critical operations of government agencies.

In addition to the investment, Proteus and SAIC have entered a multiyear strategic partnership to enhance and scale the deployment of Proteus’ groundbreaking MERCURY™ platform. MERCURY™ is an AI-powered, Industry 4.0 digital/physical twin system that autonomously designs custom satellite buses tailored to specific payloads, thousands of times faster than humans.

This innovative platform leverages advanced technology to optimize satellite design, significantly reducing the time and cost associated with traditional methods. By automating the design process, MERCURY™ also ensures precision and accuracy, minimizing errors and rework. This results in a more efficient production cycle and faster deployment of satellites, ultimately providing customers with a competitive edge in the rapidly evolving space industry. The platform’s ability to rapidly iterate and adapt to changing requirements allows for unprecedented flexibility and responsiveness, making it an invaluable tool for both government and commercial clients.

“We’re excited to collaborate with SAIC, a leader in digital engineering and technology integration,” said David Kervin, CEO and co-founder of Proteus Space. “This partnership will accelerate our ability to deliver MERCURY™ to a broader range of government customers, offering a transformative solution for satellite design and production.”

The collaboration aims to develop high-fidelity, autonomous digital modeling capabilities for space systems, enabling rapid design, assembly, and deployment of custom satellite buses.

“Our investment in Proteus Space is driven by their visionary technology, which enhances SAIC’s impactful digital engineering services,” said Lauren Knausenberger, Chief Innovation Officer at SAIC. “We have entered into this innovative partnership to expedite the development of next-generation space solutions for our government clients and the commercial sector.”

“SAIC is committed to fostering advancements in the space domain and we believe the customized capability of Proteus’ MERCURY platform to reduce the time from satellite design to launch will serve the unique needs of our customers,” said David Ray, Executive Vice President of SAIC’s Space and Intelligence Business Group.

For more information about Proteus Space and our innovative space technologies, please visit https://www.proteus-space.com/

About Proteus Space
Proteus Space is at the forefront of revolutionizing custom satellite bus design and production with its autonomous Digital Engineering and Digital Twin system, MERCURY™. MERCURY™ enables rapid digital engineering, modeling, and twinning of custom satellites, significantly improving production speed and quality while eliminating errors and rework. This pioneering system allows customers to explore all mission-closing designs within the mission-closing trade-space, offering unprecedented flexibility throughout the satellite design lifecycle. MERCURY™ is the world’s first autonomous digital engineering system, ushering in a completely new era, empowering customers to change their mind without regret.

Contact:
Proteus Media Affairs
(310) 400-6357
media@proteus-space.com
https://www.proteus-space.com/