Concurrent Technologies Share News (CNC)

(Sharecast News) - Concurrent Technologies announced the launch of 'Apollo', a compact computer system designed for real-time processing in demanding environments, including military and aerospace applications, on Tuesday.

The AIM-traded firm said Apollo, weighing 3.6 kilograms, was designed for deployment in confined spaces and could be rapidly integrated into platforms such as medium-sized drones.

It said it incorporates time sensitive networking capabilities to deliver low-latency, predictable performance, supporting applications that require precise real-time responses.

The system combines technologies from Concurrent's two business units - the products division supplied a range of customisable single board computers, while the systems division designed the mission-critical chassis, meeting strict reliability standards and providing power, conduction cooling and adaptable input/output configurations.

"Through close collaboration with our customers, particularly in the US, we are confident that this system will fulfil a need that is currently not well serviced in the market," said chief revenue officer Brent Salgat.

"The modular design and configurable interfaces combined with the ease of deployment and use, offer a strong competitive advantage.

"We are encouraged by the early interest."

Concurrent said Apollo reflected the growing demand for 'edge' computing solutions that combine agility, processing power and rapid deployability in operational environments.

At 1321 BST, shares in Concurrent Technologies were up 4.61% at 193p.

Reporting by Josh White for Sharecast.com.