Microsemi (MSCC) To Boost Avionics With New Collaborations

Microsemi Corporation (NASDAQ:MSCC) announced yesterday that it has joined forces with Moog Controls Limited, a division of Moog Inc., Southampton University and University of Bristol to initiate a new project called NEMICA.

Details of the Project

NEMICA is a three year, 1 million pounds project dedicated toward the development of high temperature resistant control systems for next generation aircrafts. It will develop nanoelectromechanical (NEM) technology based reprogrammable memories and gate arrays that could resist long-term exposure to high temperatures.

The U.K. government technologyagency's "Innovate UK" program will partially fund this two-phased project.

Issues to be Resolved

Currently, it is not possible for system designers to place electronic control systems close to the point of measurement and control in a high temperature situation. To address this challenge, the NEMICA project will develop control systems that can operate at high temperatures.

In phase one, existing systems will be upgraded to operate at a temperature of 175 degrees Celsius. In phase two, resistance level will be stretched to 225 degress Cesius through NEM technology-based novel field programmable gate arrays developed by Southampton University and University of Bristol.

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Zacks Rank and Stocks to Consider

Currently, Microsemihas a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader technology sector include Stamps.com Inc. (NASDAQ:STMP) , Facebook, Inc. (NASDAQ:FB) and LinkedIn Corporation (NYSE:LNKD) , each sporting a Zacks Rank #1(Strong Buy).

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