Tag: artificial intelligence
Precise Systems Advances to Part 2 of xTech AI Grand Challenge, Secures $10,000 Prize
Lexington Park, MD – March 19, 2025 – Precise Systems is proud to announce that it has been selected to advance to Part 2: Testing in the prestigious xTech AI Grand Challenge, a competition led by the U.S. Army to accelerate innovation in artificial intelligence technologies. As part of this achievement, Precise has been awarded a $10,000 cash prize for its outstanding concept submission.
The xTech AI Grand Challenge is designed to identify and support groundbreaking AI solutions with the potential to enhance national security and defense capabilities. Advancing to the testing phase places Precise among a select group of innovators moving forward in the competition.
“We are honored to be recognized in this highly competitive challenge,” said Scott Pfister, President and Chief Executive Officer of Precise Systems. “At Precise Systems, we are committed to pioneering AI-driven solutions that drive mission success, and this opportunity allows us to further refine and demonstrate our capabilities.”
In the coming weeks, Precise Systems will participate in the testing round, where its technology will be evaluated based on rigorous performance criteria. The team will also receive feedback from evaluators to enhance and optimize its approach for future stages of the competition.
Precise Systems remains dedicated to pushing the boundaries of AI innovation and looks forward to continuing its journey in the xTech AI Grand Challenge. The company is excited to collaborate with industry experts, government stakeholders, and fellow competitors to advance AI solutions that support national defense initiatives.
About Precise Systems:
As a solutions-based company, Precise Systems is focused on innovation in support of the warfighters and aligning our expertise to deliver the highest quality of service. Powered by our highly skilled workforces, we provide expert consultation on network and weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs with solutions in Digital Transformation, Advanced Engineering, Physical Sciences Research, Platform Lifecycle Support, Electronic Warfare, Interactive Training & Simulation, and Foreign Military Sales. Since our establishment, we have demonstrated and perfected our ability to manage the customer’s needs, no matter how complex – offering exceptional service and the Precise solution.
Precise Systems Team Honored as Finalist in Defense Innovation AI Challenge
Lexington Park, MD – On December 11, 2024, the Charleston Defense Contractors Association (CDCA) partnered with the Naval Information Warfare Center (NIWC) Atlantic Palmetto Tech Bridge (PTB) in collaboration with Program Executive Office (PEO) for Manpower, Logistics and Business Solutions (MLB) and the NAVSEA Warfare Centers (NSWC) CRANE to host the Innovation Pitch Jam at the Eastern Defense Summit.
The Summit’s Innovation Pitch Jam showcased cutting-edge advancements from eighteen defense companies across four government-hosted prize challenges. Hosted at the Charleston Area Convention Center in North Charleston, SC, the event fostered collaboration and spotlighted innovations poised to shape the future of national defense.
Precise Systems was honored to have been chosen as a finalist in the Artificial Intelligence Portfolio Optimization category at the 2024 Innovation Pitch Jam. Representing the team’s expertise were Mike Schulte, Chris Huang, Alex Leonard, and Laura Mastracco. The Team briefed on the topic of AI-Driven Model Based Systems Engineering (MBSE).
Our AI empowered solution, Blade Force Insight, leveraged MBSE model data to inform decision makers as to the long-term support and sustainability recommendations. The goal of Blade Force Insight is shorten acquisition timelines, reduce program costs, and ensure systems reliability and sustainability objectives are achieved.
As one of the largest defense events on the East Coast, the Eastern Defense Summit brought together over 2,000 leaders from government, military, academia, and industry. This year’s theme, “Collaborating on actionable solutions for our nation’s pacing threats,” underscored the urgency of addressing critical challenges with groundbreaking ideas. Congratulations to the Precise Team in placing as a finalist in the Innovation Challenge.
About Precise Systems:
As a solutions-based company, Precise Systems is focused on innovation in support of the warfighters and aligning our expertise to deliver the highest quality of service. Powered by our highly skilled workforces, we provide expert consultation on network and weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs with solutions in Digital Transformation, Advanced Engineering, Physical Sciences Research, Platform Lifecycle Support, Electronic Warfare, Interactive Training & Simulation, and Foreign Military Sales. Since our establishment, we have demonstrated and perfected our ability to manage the customer’s needs, no matter how complex – offering exceptional service and the Precise solution.