Leading environmental technology company Envirosuite Limited (‘Envirosuite’ or ‘the Company’) is pleased to update the market on its recent win with NASA to be part of the consortium for the X-59 Community Response Testing project.
Envirosuite’s participation in the project is an indefinite-delivery/indefinite-quantity contract, with an eight-year period of performance. The first phase of the project runs to the end of 2023 and focuses on preparing systems, technology and processes for large-scale testing, with a minimum value of approximately $750k to Envirosuite.
Envirosuite has been contracted to provide a software platform that will collect, process and visualize data from NASA’s low-sonic boom flight tests. This will enable NASA and members of the testing team to review the low sonic booms produced by aircraft together with the community response, in real time.
Envirosuite has been engaged by the consortium led by HMMH. NASA is designing and building the X-59 research aircraft – a piloted, single-seat supersonic X-plane – with technology that it hopes will reduce the loudness of a sonic boom to that of a gentle thump. NASA’s aeronautical innovators are leading a team across government and industry to collect data that could allow supersonic flight over land, dramatically reducing travel time within the United States or to anywhere in the world.
CEO Jason Cooper comments “We’re privileged to have been selected as part of the consortium for this exciting and cutting-edge project with HMMH and NASA. This project represents new opportunities in the innovative area of aerospace, along with the future of Aviation. Our experienced team look forward to being part of this and bringing the X-59 Quiet Supersonic Technology aircraft to the skies.”
This contract has been included in the Q1 FY22 sales update with approximately $100k in ARR and $750k in project revenue.
Envirosuite (ASX:EVS) is a global leader in environmental intelligence and is a trusted partner to the world’s leading industry operators in aviation, mining & industrial, waste and water.
Envirosuite is an ASX All Technology Index company and ranked 12th in Deloitte’s Technology Fast 50 winners for 2020.
Envirosuite’s proprietary software combines leading-edge science and innovative technology with industry expertise to produce predictable and actionable insights, allowing customers to optimise their operations, whilst remaining compliant and managing their environmental impact.
By harnessing the power of environmental intelligence, Envirosuite helps industries grow sustainably and communities to thrive.www.envirosuite.com
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.