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Charles River Analytics Continues Efforts in Market-based Optimization with the Missile Defense Agency - Charles River Analytics, a developer of intelligent systems solutions, announces a follow-on contract with the Missile Defense Agency (MDA) - CRA.com
Charles River Analytics Continues Efforts in Market-based Optimization with the Missile Defense Agency

 

PRZOOM - /newswire/ - Cambridge, MA, United States, 2013/11/01 - Charles River Analytics, a developer of intelligent systems solutions, announces a follow-on contract with the Missile Defense Agency (MDA) - CRA.com.

   
 
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In Resource Allocation using Market-Based Optimization, known as RAMBO, Charles River uses economic theory and game theory in a process called market-based optimization to allocate sensors in missile defense.

“The military uses sensors to track missile fire and determine whether it is friendly or hostile,” explained Dan Schrage, a scientist at Charles River. “RAMBO aims to ensure sure that all the sensors are looking in the right place at the right time so incoming missiles can be detected, classified, and tracked. It provides a system that ensures an optimal allocation of sensors and resources.”

RAMBO builds on several contracts Charles River has developed focused on market-based optimization through contracts with the MDA. Sensor Network Optimization using Multi-Agent Negotiation (SNOMAN) and Arbitrage Look-ahead Agents for Market-based Optimization (ALAMO) optimally allocate sensors in real-time to protect against threats in the battlespace. In the Simulation Optimization Engine (SIMON), Charles River developed a strategic planning decision-support tool that automates exploration of possible decision options through a combination of simulation and optimization.

About Charles River Analytics

Since 1983, Charles River Analytics (cra.com) has been applying computational intelligence technologies to develop mission-relevant tools and solutions to transform our customers' data into knowledge that drives accurate assessment and robust decision-making. Charles River continues to grow its technology, customer base, and strategic alliances through research and development programs for the DoD and the Intelligence Community, addressing a broad spectrum of mission areas and functional domains, including: sensor and image processing, situation assessment and decision aiding, human systems integration, and cyber analytics. These efforts have resulted in a series of successful products that support continued growth in our core R&D contracting business, as well as the commercial sector. Charles River became an employee-owned company in 2012, to set the stage for the next-generation of innovation, service, and growth.

 
 
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Charles River Analytics Continues Efforts in Market-based Optimization with the Missile Defense Agency

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Charles River Analytics, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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