Parsons Delivers Key Milestone for Innovative Directed Energy System

Rhea-AI Summary

Polaris Alpha, a Parsons Corporation company (NYSE: PSN), has completed a critical design review for a high-power microwave directed energy system aimed at maritime interdiction. This system will enable the acquisition, tracking, and disabling of adversary systems. The project is backed by an $11.6 million contract from the Naval Surface Technology & Innovation Consortium (NSTIC), focusing on safely disabling small boats during maritime missions. The system is designed for robust performance in challenging environments.

Positive

• Successful completion of critical design review for directed energy system.
• Project funded by a $11.6 million contract from NSTIC.
• Development of technology enhances maritime interdiction capabilities.

Negative

• None.

CENTREVILLE, Va., April 13, 2022 (GLOBE NEWSWIRE) -- Polaris Alpha® Advanced Systems, a Parsons Corporation (NYSE: PSN) company, successfully completed critical design review (CDR) at the end of February 2022 for an innovative high-power microwave directed energy system for maritime interdiction. The system is now ready for integration of the full prototype and will complete an operational utility assessment aboard an operational interdiction platform before full operations.

The company designed, and is developing, a mission-built system that uses high-power microwaves to acquire, target, track, and disable identified adversary systems. Work is being conducted on a five-year, $11.6 million single-award other transaction authority (OTA) contract by the Naval Surface Technology & Innovation Consortium (NSTIC) for an integrated, sensor cued high-power microwave directed energy system that safely disables non-compliant small boats during maritime missions with the Departments of Defense and Homeland Security.

“The system is purpose-designed to deliver enhanced directed energy capabilities in harsh above deck environments that are routine for interdiction vessels,” said James Lackey, senior vice president integration and production, mission solutions sector for Parsons. “We look forward to working with our customers to continue developing innovative technology suited to their mission needs and future requirements.”

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com, and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Forward-Looking Statements

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Media Contact:
Bryce McDevitt
+ 1 703.851.4425
bryce.mcdevitt@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
dave.spille@parsons.com

FAQ

What is the significance of the critical design review completed by Parsons (PSN)?

The critical design review indicates that Parsons has set the groundwork for developing its high-power microwave directed energy system, essential for maritime interdiction.

What is the value of the contract awarded to Polaris Alpha by NSTIC?

The contract awarded to Polaris Alpha is valued at $11.6 million for the development of their directed energy system.

How does the new directed energy system affect maritime operations?

The new directed energy system enables the secure disabling of non-compliant small boats, enhancing operational effectiveness for maritime missions.

When was the critical design review for the directed energy system completed?

The critical design review was completed at the end of February 2022.