Lynx Software Technologies Announces Acquisition of Core Avionics & Industrial
Transaction positions Lynx to access the rapidly growing software enablement market for graphics processing units, which is expected to exceed $20...
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Lynx Software Technologies : October 29, 2024 3:00:00 AM PDT
Lynx to tap into a $10 billion market opportunity by 2030 with Managed Services, Software Composition Analysis tools, and Virtual Target Infrastructure
SAN JOSE, Calif., Oct. 16, 2024 – Lynx Software Technologies, Inc. (“Lynx”), a leader in foundational, open-architecture software solutions for the Mission-Critical Edge, today announced its expanded solution portfolio to support aerospace and defense (A&D) customers in developing, deploying and managing Linux-based mission-critical edge systems.
The market for Linux-based mission-critical software in aerospace and defense sectors is expected to grow at a compound annual growth rate (CAGR) of approximately 13% to 15% over the next several years. However, customers face multiple challenges, leading to average project delays of 30%, a 20% increase in integration costs and substantial expenses of up to $1 million per day for security and vulnerability management.
Lynx aims to reduce these customer challenges by integrating technologies and services resulting from its acquisitions of Timesys Corporation and Thompson Software Solutions. The Lynx Linux portfolio includes software composition analysis, managed services, virtual target infrastructure, and more to manage vulnerabilities, meet evolving compliance standards, and reduce risks and costs during development.
Software Composition Analysis
MOSA.ic SCA with Vigiles On-Premises is a comprehensive software composition analysis (SCA) and software bill of materials (SBOM), specifically designed for embedded systems in the aerospace and defense industry. This new offering provides defense organizations and contractors with a powerful, automated tool to manage vulnerabilities, ensure compliance and reduce security risks in their software supply chain.
Key features and benefits of LYNX MOSA.ic SCA with Vigiles On-Premises include:
About Lynx Software Technologies
Lynx Software Technologies, an OceanSound Partners portfolio company, is on a mission to improve the economics of developing, deploying, and maintaining high-assurance Mission Critical Edge platforms with modular software solutions based on open standards. Our proven technology leadership, extensive system certification expertise, and commitment to open standards have consistently saved our customers millions of dollars in development costs while delivering desired system performance, security, and reliability on schedule. Lynx is committed to enabling customers to build and manage orchestrated, cloud-connected platforms that harness a broad array of modern technologies and unique design methodologies to enable accurate, deterministic decisions at the Mission Critical Edge without compromising safety or cybersecurity requirements. For more information about Lynx’s achievements with Linux for Aerospace and Defense please visit: lynx.com/embedded-systems-blog/rtos-linux-aerospace-defense.
For Lynx
Stephanie Dallman
+1 (616) 581-0117
sdallman@lynx.com
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Transaction positions Lynx to access the rapidly growing software enablement market for graphics processing units, which is expected to exceed $20...
Lynx to tap into a $10 billion market opportunity by 2030 with Managed Services, Software Composition Analysis tools, and Virtual Target...
Strategic collaboration formed to deliver cost-effective, high-performance A&D systems while streamlining time-to-market SAN JOSE, Calif., Oct. 16,...