Kratos Receives Approximate $50 Million, Single Award, Sole Source High Performance Jet Drone System Related IDIQ Contract

 

SAN DIEGO, 
Sept. 29, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its 
Kratos Unmanned Aerial Systems division (KUAS) has recently received an approximate 
$50 million, single award, sole source, high performance jet drone system related Indefinite Delivery, Indefinite Quantity (IDIQ) contract from a 
United States Government Agency.  KUAS is the industry leader in the rapid design, manufacture and delivery of affordable, high performance jet drone systems. Work under this contract award will be performed as funded task orders are issued by the customer at secure Kratos facilities and customer locations.  Due to customer related, competitive, security, and other considerations, no additional information will be provided.

Steve Fendley, President of KUAS, said, “The Kratos team did an outstanding job working in partnership with this critical customer, addressing their needs and requirements and successfully negotiating this single award, sole source IDIQ contract.  We expect this contract to be fully funded over the contract’s multi-year period of performance.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Receives $3.2 Million Contract Award for Next Generation Small Engine Development for National Security Program

 

SAN DIEGO, 
Sept. 28, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Turbine Technologies (KTT) Business has recently received an approximate 
$3.2 million contract award for the development of a Next Generation small engine for a National Security Program.  KTT is currently under contract and in development for several Next Generation turbojet, turbofan, and other engines for certain National Security priority areas, including unmanned aerial drone systems, cruise missiles, powered munitions and other platforms and systems.  Work under this recent contract award will be performed at a secure Kratos technical, engineering and development facility.  Due to customer, competitive and other considerations, no additional information is being provided related to this recent contract award.

Stacey Rock, President of KTT, said, “At Kratos, affordability is a technology, and KTT is focused on disrupting the small turbojet and turbofan class market area with a family of new, high performance, high power, affordable engines which address our customers’ rapidly expanding requirements.  We believe that Kratos’ digital engineering capabilities, which utilize an integrated digital approach with authoritative sources of system data and models across our entire organization’s functions and disciplines is a competitive differentiator for our Company and significant value contributor for our customers.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Receives $3.2 Million Contract Award for Next Generation Small Engine Development for National Security Program

 

SAN DIEGO, 
Sept. 28, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Turbine Technologies (KTT) Business has recently received an approximate 
$3.2 million contract award for the development of a Next Generation small engine for a National Security Program.  KTT is currently under contract and in development for several Next Generation turbojet, turbofan, and other engines for certain National Security priority areas, including unmanned aerial drone systems, cruise missiles, powered munitions and other platforms and systems.  Work under this recent contract award will be performed at a secure Kratos technical, engineering and development facility.  Due to customer, competitive and other considerations, no additional information is being provided related to this recent contract award.

Stacey Rock, President of KTT, said, “At Kratos, affordability is a technology, and KTT is focused on disrupting the small turbojet and turbofan class market area with a family of new, high performance, high power, affordable engines which address our customers’ rapidly expanding requirements.  We believe that Kratos’ digital engineering capabilities, which utilize an integrated digital approach with authoritative sources of system data and models across our entire organization’s functions and disciplines is a competitive differentiator for our Company and significant value contributor for our customers.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Receives $13.2 Million in C5ISR System Product Awards

 

SAN DIEGO, 
Sept. 27, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance and Reconnaissance (C5ISR) Business recently received approximately 
$13.2 million in program awards, including for a large 
U.S. National Security Program.  Kratos C5ISR business provides specialized manufacturing, products and solutions for critical National Security priorities and programs, including Nuclear Deterrence, Missile Defense, Radar, High Power Directed Energy, Unmanned Aerial Drone System, Space and Satellite Communication and CBRNE.  Work under these recent contract awards will be performed at secure Kratos manufacturing and customer facilities.  Due to customer, competitive, security related and other considerations, no additional information will be provided related to these recent contract awards.

Tom Mills, President of Kratos C5ISR Division, said, “Our entire organization is focused on providing the highest quality products, systems and solutions in support of United States National Security, the Warfighter and their Mission, delivering on schedule and on budget.  We are honored to have been chosen to support these priority National Security programs.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Receives $13.2 Million in C5ISR System Product Awards Kratos announced that its Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance and Reconnaissance (C5ISR) Business recently received approximately $13.2 million in program awards Research, News & Market Data on Kratos

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Kratos Receives $13.2 Million in C5ISR System Product Awards

 

SAN DIEGO, 
Sept. 27, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance and Reconnaissance (C5ISR) Business recently received approximately 
$13.2 million in program awards, including for a large 
U.S. National Security Program.  Kratos C5ISR business provides specialized manufacturing, products and solutions for critical National Security priorities and programs, including Nuclear Deterrence, Missile Defense, Radar, High Power Directed Energy, Unmanned Aerial Drone System, Space and Satellite Communication and CBRNE.  Work under these recent contract awards will be performed at secure Kratos manufacturing and customer facilities.  Due to customer, competitive, security related and other considerations, no additional information will be provided related to these recent contract awards.

Tom Mills, President of Kratos C5ISR Division, said, “Our entire organization is focused on providing the highest quality products, systems and solutions in support of United States National Security, the Warfighter and their Mission, delivering on schedule and on budget.  We are honored to have been chosen to support these priority National Security programs.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Delivers First Order to Northrop Grumman for U.S. Army’s Tactical Intelligence Targeting Access Node (TITAN) Prototype Program

 

Kratos’ OpenSpace products will provide virtualized processing to support the TITAN space-ground system

SAN DIEGO, 
Sept. 20, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today they have successfully delivered the first set of products to support the 
U.S. Army Tactical Intelligence Targeting Access Node (TITAN) space-ground system prototype, which is being developed by  Northrop Grumman. The purpose of the TITAN system will be to provide near-real time data to commanders at all levels for timely targeting solutions.  Northrop Grumman was selected by the Defense Innovation Unit and the 
U.S. Army Tactical Exploitation of National Capabilities (TENCAP) office to develop prototype Space to Ground TITAN systems.

As part of this effort, Kratos’ OpenSpace quantum and SpectralNet products will provide virtualized downlink processing for the TITAN space-ground prototypes. Kratos was selected to the Northrop Grumman TITAN team due to the OpenSpace products’ ability to virtualize uplink/downlink processing while meeting Space, Weight, and Power (SWAP) requirements. The Kratos products will enable the demodulation of downlinks from multiple commercial satellite systems.

quantum and SpectralNet products are part of Kratos’ OpenSpace solutions family. quantum products are software replacements for traditional hardware components, such as modems, that operate at lower cost and with greater scalability to adapt more rapidly to changing missions and conditions. For example, where it can take weeks to deploy traditional ground system hardware, quantum products can be deployed and configured to support different missions in just hours. Kratos’ OpenSpace Platform, the most advanced line in the OpenSpace family, can go even further, enabling satellite operators to deploy, configure and adapt entire networks in just minutes using its orchestrated software-defined network (SDN) architecture. OpenSpace SpectralNet products digitize the satellite’s Radio Frequency (RF) signals, acting as the on-ramp to digital transformation of ground systems.

“OpenSpace technology is leading efforts across the satellite industry, both among commercial and government operators, to capitalize on the ability of virtualization and modern networking techniques to realize digital transformation goals,” said  Frank Backes, Kratos’ Senior Vice President of Federal Space Solutions. “TITAN is the newest application of OpenSpace in the 
DoD that can better support the timely tactical needs of the warfighter.”

In addition, Kratos will provide engineering and manufacturing of the modified tactical shelter and related subsystem hardware for the TITAN prototypes. Kratos’ FMTV-mounted ground station platform will house and protect mission critical TITAN system components. One of Kratos’ core strengths is providing custom mobility platforms that feature power and thermal management systems, rack-ready C5ISR equipment integration, and Electromagnetic Interference (EMI) shielding up to High Altitude Electromagnetic Pulse (HEMP) level requirements.

For more information on Kratos’ OpenSpace family of dynamic ground solutions including OpenSpace quantum and SpectralNet products, as well as the OpenSpace Platform, visit https://www.KratosDefense.com/OpenSpace. For more information on Kratos ground support hardware, visit www.KratosDefense.com/C5ISR.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Delivers First Order to Northrop Grumman for U.S. Army’s Tactical Intelligence Targeting Access Node (TITAN) Prototype Program

 

Kratos’ OpenSpace products will provide virtualized processing to support the TITAN space-ground system

SAN DIEGO, 
Sept. 20, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today they have successfully delivered the first set of products to support the 
U.S. Army Tactical Intelligence Targeting Access Node (TITAN) space-ground system prototype, which is being developed by  Northrop Grumman. The purpose of the TITAN system will be to provide near-real time data to commanders at all levels for timely targeting solutions.  Northrop Grumman was selected by the Defense Innovation Unit and the 
U.S. Army Tactical Exploitation of National Capabilities (TENCAP) office to develop prototype Space to Ground TITAN systems.

As part of this effort, Kratos’ OpenSpace quantum and SpectralNet products will provide virtualized downlink processing for the TITAN space-ground prototypes. Kratos was selected to the Northrop Grumman TITAN team due to the OpenSpace products’ ability to virtualize uplink/downlink processing while meeting Space, Weight, and Power (SWAP) requirements. The Kratos products will enable the demodulation of downlinks from multiple commercial satellite systems.

quantum and SpectralNet products are part of Kratos’ OpenSpace solutions family. quantum products are software replacements for traditional hardware components, such as modems, that operate at lower cost and with greater scalability to adapt more rapidly to changing missions and conditions. For example, where it can take weeks to deploy traditional ground system hardware, quantum products can be deployed and configured to support different missions in just hours. Kratos’ OpenSpace Platform, the most advanced line in the OpenSpace family, can go even further, enabling satellite operators to deploy, configure and adapt entire networks in just minutes using its orchestrated software-defined network (SDN) architecture. OpenSpace SpectralNet products digitize the satellite’s Radio Frequency (RF) signals, acting as the on-ramp to digital transformation of ground systems.

“OpenSpace technology is leading efforts across the satellite industry, both among commercial and government operators, to capitalize on the ability of virtualization and modern networking techniques to realize digital transformation goals,” said  Frank Backes, Kratos’ Senior Vice President of Federal Space Solutions. “TITAN is the newest application of OpenSpace in the 
DoD that can better support the timely tactical needs of the warfighter.”

In addition, Kratos will provide engineering and manufacturing of the modified tactical shelter and related subsystem hardware for the TITAN prototypes. Kratos’ FMTV-mounted ground station platform will house and protect mission critical TITAN system components. One of Kratos’ core strengths is providing custom mobility platforms that feature power and thermal management systems, rack-ready C5ISR equipment integration, and Electromagnetic Interference (EMI) shielding up to High Altitude Electromagnetic Pulse (HEMP) level requirements.

For more information on Kratos’ OpenSpace family of dynamic ground solutions including OpenSpace quantum and SpectralNet products, as well as the OpenSpace Platform, visit https://www.KratosDefense.com/OpenSpace. For more information on Kratos ground support hardware, visit www.KratosDefense.com/C5ISR.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

	Image Credit: Inspiration4 Photos (Flickr)

The Most Effective Artificial Intelligence Will Never Exist in the Cloud

 

As SpaceX sends amateur astronauts into orbit and a related company struggles to get its EVs autopilot perfect, we can understand the increased need for edge computing. Or, as some would call edge, “AI on the fly,” the challenge of bringing artificial intelligence as close to the need for output or intervention as possible. The reality of AI computing is, the speed of WiFi, radio waves, and even light are not instant; bringing the decision-making computer as close to the outcome as possible allows for more successful outcomes.

Artificial intelligence (AI) applications include language processing, military decision making, robotic control, face recognition, aviation, hands-free driving, and a long list including much that has not yet been thought of. Many of the mentioned applications are now confined to data centers with a geographic address and significant storage. For many applications, AI decisions are best if onsite or at the “edge” close to the user situation that benefits from the support. Communication out to a network would slow down the response. This is what edge computing provides, onsite decisions with minimal delay in live situations.

Breaking the Climate Controlled Ceiling

Bringing AI closer to the situation with systems that are transportable and durable enough to survive the elements outside of a controlled environment is critical to AI advances. The technological considerations are massive, they include computational ability, durability, heat survival, dampness, size, weight, and power consumption.

A company meeting this challenge is One Stop Systems (OSS). They’ve developed high-end GPU-level processing with massive solid-state storage and minimal network delay. One of the “onboard” challenges being met by their products includes making computations using the surge in information from new sensors and data capture technology. These lead to even more raw information and a growing number of situations with inputs that must be resolved quickly. In real-life situations, there is no time for complex combinations of data to be sent to the Cloud to help with an imminent situation like a vehicle collision or a sudden combat event. Simply, edge computing technology is the future of AI technology – without it, the effectiveness of AI stalls at some point.

 

Virtual Road Show Series – Thursday, September 16 @ 1pm EDT Join One Stop Systems CEO David Raun and CFO John Morrison for this exclusive corporate presentation, followed by a Q & A session moderated by Joe Gomes, Noble’s senior research analyst, featuring questions taken from the audience. Registration is free and open to all investors, at any level. Registration is fast and free.  |  View All Upcoming Road Shows

 

Growth Trend of Edge Computing

In 2018, only 10% of generated data was created and processed on board or at the edge. By 2025, it is expected to grow to 75%. Processing simply must be on location to meet the growing needs. Transporting information to an outside server environment unnecessarily could be considered reckless. Transportable AI that has the computational bandwidth and strength is the future of non-human decision-making. Beyond environmental durability, upcoming systems would also have to provide cybersecurity at a level that isn’t possible with Cloud or server solutions (meet FIPS 140-2).

Take-Away

The guts of a machine that takes four amateur astronauts into space, or the onboard computer in a car that avoids an accident after the driver falls to sleep will be the unsung heroes in our amazing technological strides forward.  The companies behind the scenes, building out edge and other technologies that make these achievements possible are experiencing increased demand. Investors would be wise to pay attention to these underlying technologies and the providers.

At 1 pm ET today (Sept. 16)  One Stop Systems (OSS) will be live with a virtual roadshow available only through Channelchek. There is no cost to attend virtually and listen to the management presentation and submit questions. Edge computing is a very interesting and growing field; learn more by attending the virtual
event.

 

Suggested Reading:

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Sources:

https://www.wolfssl.com/license/fips/?gclid=Cj0KCQjw1ouKBhC5ARIsAHXNMI9M0RmWkamdiEsaGUqbm4x_KnqJZPdgpaSyWjD3GiDG1YIz_fJKTVMaAiBhEALw_wcB

https://onestopsystems.com/blogs/whitepapers/transportable-ai-brings-high-performance-high-bandwidth-decision-making-to-the-edge

 

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Kratos Receives $338 Million Sole Source Contract Award for Target Drones from U.S. Air Force

 

SAN DIEGO, 
Sept. 13, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that 
Kratos Unmanned Aerial Systems has been awarded a 
$338,071,466 Firm Fixed-Price, Cost-Plus-Fixed-Fee, and Time-and-Material contract for BQM-167A Air Force Subscale Aerial Target (AFSAT) lots 17-21 production, out-of-warranty-repairs (OWR), and contractor logistics support (CLS). Work will be performed at a Kratos manufacturing facility. At the time of award funds in the amount of 
$30,499,362 were obligated. Air Force Life Cycle Management Center, 
Eglin Air Force Base, 
Florida, is the contracting activity.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “This five-year contract represents a milestone in our target system business and reduces the administrative burden on both the USAF and Kratos by enabling multiple years of target delivery and support to be combined into a single contract – smart and efficient business. It also enables Kratos and the USAF to place even more focus on our ultimate mission, which is high performance threat representation for training and defensive system development. We have shared a great partnership and team approach with the USAF throughout our nearly 20 years of working together on target systems. We are excited that our system maturity warrants and enables the long-term contract, and proud that the USAF has this confidence in our target systems and personnel.”

Eric DeMarco, President and CEO of Kratos Defense and Security Solutions, said, “Our entire organization is focused on providing affordable, disruptive and technology-leading products and systems to support Unites States National Security. We anticipate the award of multiple strategic contracts during the second half of this year.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 30, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

	Image Credit: John Krauss (Flickr)

SpaceX’s Inspiration4 Mission Will Send 4 People with Minimal Training into Orbit – and Bring Space Tourism Closer to Reality

 

Why Inspiration4 is Different

The biggest difference between Inspiration4 and the flights performed earlier this year is the destination.

Blue Origin and Virgin Galactic took – and in the future, will take – their passengers on suborbital launches. Their vehicles only go high enough to reach the beginning of space before returning to the ground a few minutes later. SpaceX’s Falcon 9 rocket and crew Dragon vehicle, however, are powerful enough to take the Inspiration4 crew all the way into orbit, where they will circle the Earth for three days.

The four-person crew is also quite different from the other launches. Led by Isaacman, the mission features a somewhat diverse group of people. One crew member, Sian Proctor, won a contest among people who use Isaacman’s online payment company. Another unique aspect of the mission is that one of its goals is to raise awareness of and funds for St. Jude Children’s Research Hospital. As such, Isaacman selected Hayley Arceneaux, a physician’s assistant at St. Jude and childhood cancer survivor, to participate in the launch. The final member, Christopher Sembroski, won his seat when his friend was chosen in a charity raffle for St. Jude and offered his seat to Sembroski.

Because none of the four participants has any prior formal astronaut training, the flight has been called the first “all civilian” space mission. While the rocket and crew capsule are both fully automated – no one on board will need to control any part of the launch or landing – the four members still needed to go through much more training than the people on the suborbital flights. In less than six months, the crew has undergone hours of simulator training, lessons in flying a jet aircraft and spent time in a centrifuge to prepare them for the G-forces of launch.

Social outreach has also been an important aspect of the mission. While Bezos’ and Branson’s flights brought on criticism of billionaire playboys in space, Inspiration4 has tried – with mixed results – to make space tourism more relatable. The crew recently appeared on the cover of Time magazine and is the subject of an ongoing Netflix documentary.

There have also been other fundraising events for St. Jude, including a 4-mile virtual run and the planned auction of beer hops that will be flown on the mission.

 

The Inspiration4 mission is a step toward giving more people access to views like this – the aurora borealis seen from the International Space Station. NASA

 

The Future of Space Tourism?

Sending a crew of amateur astronauts into orbit is a significant step in the development of space tourism. However, despite the more inclusive feel of the mission, there are still serious barriers to overcome before average people can go to space.

For one, the cost remains quite high. Though three of the four are not rich, Isaacman is a billionaire and paid an estimated $200 million to fund the trip. The need to train for a mission like this also means that prospective passengers must be able to devote significant amounts of time to prepare – time that many ordinary people don’t have.

Finally, space remains a dangerous place, and there will never be a way to fully remove the danger of launching people – whether untrained civilians or seasoned professional astronauts – into space.

 

This article was republished with permission from   The Conversation, a news site dedicated to sharing ideas from academic experts. It represents the research-based findings and thoughts of  Wendy Whitman Cobb Professor of Strategy and Security Studies, US Air Force School of Advanced Air and Space Studies.

 

Suggested Reading:

Space as a Lucrative Investment Space

Capitalizing on the New Space Race

Do Only Good, Guiding Purpose of Doge Manifesto

Why are the Feds Investigating Tesla’s Autopilot?

 

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Kratos Receives $338 Million Sole Source Contract Award for Target Drones from U.S. Air Force

 

SAN DIEGO, 
Sept. 13, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that 
Kratos Unmanned Aerial Systems has been awarded a 
$338,071,466 Firm Fixed-Price, Cost-Plus-Fixed-Fee, and Time-and-Material contract for BQM-167A Air Force Subscale Aerial Target (AFSAT) lots 17-21 production, out-of-warranty-repairs (OWR), and contractor logistics support (CLS). Work will be performed at a Kratos manufacturing facility. At the time of award funds in the amount of 
$30,499,362 were obligated. Air Force Life Cycle Management Center, 
Eglin Air Force Base, 
Florida, is the contracting activity.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “This five-year contract represents a milestone in our target system business and reduces the administrative burden on both the USAF and Kratos by enabling multiple years of target delivery and support to be combined into a single contract – smart and efficient business. It also enables Kratos and the USAF to place even more focus on our ultimate mission, which is high performance threat representation for training and defensive system development. We have shared a great partnership and team approach with the USAF throughout our nearly 20 years of working together on target systems. We are excited that our system maturity warrants and enables the long-term contract, and proud that the USAF has this confidence in our target systems and personnel.”

Eric DeMarco, President and CEO of Kratos Defense and Security Solutions, said, “Our entire organization is focused on providing affordable, disruptive and technology-leading products and systems to support Unites States National Security. We anticipate the award of multiple strategic contracts during the second half of this year.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 30, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

Kratos Awarded $2.8 Million to Prototype Infrastructure Hardware and Software for Unified Data Library (UDL) to Support U.S. DoD

 

Solution would allow space-related situational awareness data to be quickly accessible to commanders

SAN DIEGO, 
Sept. 10, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that the Space Systems Command (SSC) awarded the company 
$2.8 million in funding to develop a prototype that automatically delivers space-related Situational Awareness (SA) data to the 
Unified Data Library (UDL). The UDL is a joint initiative of the 
Air Force Research Laboratory and the Space Force’s Space Systems Command. The cloud-based platform hosts space situational awareness data from dozens of commercial, academic and government organizations and provides a digital “storefront” for users of the data.

Today, 
DoD satellite operators utilize disparate tools, networks and data sources at varying classification levels to attempt to build a picture of the Radio Frequency (RF) environment. Kratos’ award includes developing hardware and software infrastructure that can deliver SA data to the UDL for display and analysis. This virtualized infrastructure would be a unifying tool across entities, providing the Government’s Common Operating Environment (COE) access to near-real time SATCOM spectral data, including RF signal environment factors such as Electro Magnetic Interference (EMI) alerts, and signal geolocation data at appropriate security levels.

“An infrastructure that gives immediate access to the space-related SA data the UDL provides will be critical,” commented  Frank Backes, Senior Vice President, Kratos Space Federal. “Future adversaries may interfere with large numbers of commercial SATCOM links. The UDL and RF sensor networks will help identify and address those interferers with data coming from a variety of sources including Kratos’ own global sensor network.”

One of the sources of data to the UDL, Kratos operates a global sensor network that supplies to UDL, composed of worldwide RF monitoring sites with steerable sensors and antennas covering L, S, C, X, and Ku bands. Kratos’ state-of-the-art technology for high-speed, accurate signal measurement enables advanced analytics for Space Domain Awareness (SDA). Kratos’ 24/7/365 
Network Operations Center (NOC) is the central hub for monitoring and integrating raw RF data from its global sensor network. Advanced capabilities developed by Kratos have been integrated into all levels of the infrastructure, from custom algorithms employed in the sensor network, to industry-leading commercial applications used in the NOC for data monitoring, correlation and geolocation, as well as specially developed analytics that provide real meaning behind the raw data. A portfolio of services offered to government and commercial customers include satellite position and maneuver detection, signal characterization, interference detection, attribution, and mitigation and signal geolocation.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com 

Source: Kratos Defense & Security Solutions, Inc.