Altair Announces First Quarter 2024 Financial Results Altair Achieves Record Software Revenue and Total Revenue for the First Quarter TROY, Mich. – May 2, 2024 – Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today released its financial results for the first quarter ended March 31, 2024. "Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue," said James Scapa, founder, chairman and chief ex ...

In a bid to enhance its strong analytics and data science team with deep data warehousing expertise, Altair Engineering Inc. (ALTR) has acquired Cambridge Semantics.Cambridge Semantics is a modern data fabric provider and creator of one of the industry's leading analytical graph databases. Its graph-powered data fabric technology simplifies the creation of comprehensive enterprise knowledge graphs by integrating the complex web of structured and unstructured enterprise data into one place.Cambridge Semantic ...

Acquisition expands Altair's data analytics and AI offeringsTROY, Mich., April 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational intelligence, acquired Cambridge Semantics, a modern data fabric provider and creator of one of the industry's leading analytical graph databases. Cambridge Semantics' graph-powered data fabric technology accelerates the creation of comprehensive enterprise knowledge graphs, integrating the complex web of structured and unstructured enterprise data to ...

KBR, Inc. (KBR) has inked a landmark alliance with GeoLith SAS, securing exclusive global rights to deploy Li-Capt, a cutting-edge Direct Lithium Extraction technology. This innovative approach enables emission-free extraction of lithium from underutilized sources such as geothermal and oil well brines.With Li-Capt, KBR augments its suite of battery material technologies, including PureLiSM, to offer clients a comprehensive solution for producing battery-grade lithium carbonate or lithium hydroxide monohydr ...

KBR, Inc. (KBR) has landed lucrative contracts exceeding $450 million to provide advanced systems engineering support and services to the U.S. government. These agreements encompass an array of technical provisions spanning systems engineering, acquisition support, and cutting-edge expertise in data science and communications security infrastructure. Notably, KBR will leverage digital engineering to enhance acquisition efficiency and bolster secure communications and information technology systems.With an e ...

Key topics will include democratizing AI, supercharging data-driven manufacturing, and moreTROY, Mich., April 10, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will demonstrate the power of artificial intelligence (AI)-powered engineering at Hannover Messe 2024, taking place April 22-26 in Hanover, Germany. In a market saturated with traditional simulation offerings, Altair's AI-powered engineering stands above the rest thanks to unparalleled technology that demo ...

KBR, Inc. (KBR) , a renowned name in the hydrogen market, clinched an engineering services contract with First State Hydrogen, Inc. The contract aims to bolster the feasibility and development of the inaugural clean hydrogen production facility in the U.S. mid-Atlantic region.Under this agreement, KBR will provide engineering services crucial for evaluating the feasibility of establishing a clean hydrogen production plant. This facility, powered by electrolysis and driven by renewable energy sources, aligns ...

"Google Cloud's Partner Awards celebrate the transformative impact and value that partners have delivered for customers, through inclusion initiatives," said Kevin Ichhpurani, corporate vice president, Global Ecosystem and Channels at Google Cloud. "We're proud to announce Altair as a 2024 Google Cloud Partner Award winner and recognize their achievements as diversity enriches our teams and communities." "Altair is honored to win this prestigious award from Google Cloud – it's a true testament to our tirele ...

Investors interested in stocks from the Engineering - R and D Services sector have probably already heard of Babcock International Group PLC (BCKIY) and Altair Engineering (ALTR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on ...

KBR, Inc.’s (KBR) Purifier ammonia technology is ready to assist Wuhuan Engineering Co. Ltd. in the expansion of El Nasr Company’s Intermediate Chemicals' (NCIC) fertilizer complex in Egypt.With its solid project execution efforts, KBR will offer the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant.KBR’s technicians will help El Nasr Company to grow in the fertilizer sector with the help of its leading Purifier ammonia technolo ...