ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Merlin Awarded $105M Production Contract for USSOCOM Fixed-Wing Autonomy

With an initial focus on the automation of the C-130J platform, this contract will expand Merlin’s technology into USSOCOM’s broader aircraft fleet over the next five years

Merlin, a leading developer of safe autonomous flight technology for fixed-wing aircraft, today announced it has been awarded a $105M Indefinite Delivery Indefinite Quantity (IDIQ) contract by the United States Special Operations Command (USSOCOM) to begin working towards a production-ready reduced aircrew capability on Special Operations Forces (SOF) C-130J Super Hercules transport aircraft, the most-used cargo platform in the Department of Defense’s fleet. Utilizing Small Business Innovation Research (SBIR) authorities, this contract allows Merlin to rapidly bring to production its advanced automation systems onboard the C-130J with contracted scope for introduction into the broader SOF fixed wing fleet.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611723182/en/

Merlin Awarded $105M Production Contract for USSOCOM Fixed-Wing Autonomy (Photo: Business Wire)

Merlin Awarded $105M Production Contract for USSOCOM Fixed-Wing Autonomy (Photo: Business Wire)

Merlin’s advanced automation technology provides the ability for reduced aircrew capabilities, which is essential for the safety and scalability of the aviation industry. Following Merlin’s partnership with the United States Air Force (USAF), which was announced in July 2022, this contract award covers multiple phases including:

  • Design for integration onto the C-130J platform;
  • Integration and ground testing;
  • Test Readiness Review (TRR) and flight test;
  • Full takeoff to landing demonstration;
  • Maturation of advanced autonomy skills;
  • Additional integrations on SOF aircraft.

“The contract award marks a milestone in the collaboration between USSOCOM and Merlin, accelerating our ability to bring high levels of autonomy to a variety of fixed wing platforms to support the warfighter. In addition, the magnitude of the contract is an important proof point that USSOCOM continues to bring innovative capabilities out of testing and into production track programs,” said Matt George, co-founder and CEO, Merlin. “The forward-thinking approach to autonomy that USSOCOM has shown throughout the process of vetting Merlin for award is essential to a scalable industry and safe future. We look forward to expanding our partnership with this team as we continue to deliver operationally relevant capabilities.”

To learn more about Merlin’s work with the United States Department of Defense, or to join the Merlin team, please visit: https://merlinlabs.com/

About Merlin

Founded in 2018 and headquartered in Boston, with additional offices in Denver and flight test facilities in Mojave, CA and Kerikeri, New Zealand, Merlin is building a platform-adaptable advanced automation system to perpetuate a resilient air network. To learn more, visit www.merlinlabs.com or follow us on X @merlinaero.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.