Parker Hannifin announced it will design and implement advanced control systems for New York Yacht Club American Magic racing yachts and support the challenger’s pursuit of the 37th America’s Cup. As Official Control Systems Partner to American Magic, Parker will use its proven aerospace and industrial technologies for systems that enable precise control of the yacht’s lifting surfaces and wing – providing optimum performance that is critical at the elite level of competitive sailing. “Parker is thrilled to support American Magic once again, building on our achievements from the previous campaign and the trusted partnership we have developed together,” said Mark Czaja, Vice President – Chief Technology and Innovation Officer for Parker. “Their elite sailors will helm some of the fastest boats ever built, and we look forward to the challenge of bringing the America’s Cup back in 2024.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PH:
- Parker Becomes the Official Control Systems Partner to American Magic for the 2024 America’s Cup
- Parker-Hannifin price target raised to $525 from $475 at BofA
- Parker-Hannifin just downgraded at Wolfe Research, here’s why
- Parker-Hannifin management to meet with Oppenheimer
- Tesla initiated, Kellanova upgraded: Wall Street’s top analyst calls