UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38263 ALTAIR ENGINEERING INC. (Exact name of registrant as specified in its charter) Delaware 38-2591828 (State or other jurisdiction of i ...

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 ...

KBR, Inc. (KBR) has inked a deal with Fortescue — a leading green energy, metals and technology company — to provide its K-GreeN technology for a Holmaneset green energy project in Norway.Per the deal, KBR’s Sustainable Technology Solutions business will provide a technology license, proprietary engineering design and FEED support services for the 675 metric ton per day grassroots green ammonia plant.KBR aims to be a significant contributor to the development of the green energy value chain and decarbonizat ...

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 ...