Research News and Market Data on KTOS
November 10, 2026
Long-term Gateway agreement supports Kratos’ first offshore mission in 2027 and multiple planned launches in subsequent years
Gateway™ offshore launch platform
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6bce8d6c-8a04-4d2e-bad7-c7d636371732
SAN DIEGO, Nov. 10, 2026 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in defense, national security, and global markets, today announced a long-term agreement with Seagate Space for use of the company’s initial Gateway™ offshore launch platform. The agreement supports Kratos’ planned first mission from the platform in 2027, with multiple additional launches anticipated in subsequent years.
The partnership aligns Kratos’ mission of being first to market and proven record of delivering real, mission-relevant products and systems, including hypersonic test and other vehicles, rocket systems, propulsion technologies, target vehicles, and launch services, with Seagate Space’s modular, mobile offshore platform infrastructure. The Gateway series vessels are designed to provide flexible sea-based platforms to complement traditional land-based launch sites and test ranges.
The announcement coincides with Seagate Space’s execution of its first Gateway platform construction contract, advancing into physical construction and toward future operational readiness.
“Kratos’ agreement with Seagate Space creates an important new pathway for supporting our customers’ evolving launch and test requirements,” said Dave Carter, President of Kratos Defense & Rocket Support Services. “We are focused on delivering affordable, responsive, and mission-critical solutions. Gateway has the potential to provide our customers with additional launch flexibility, expanded operating locations, and responsive access to mission-relevant test environments.”
Seagate Space’s Gateway platform is being developed as a modular and mobile offshore system to support government and commercial launch, testing, and recovery missions. Its maritime mobility can provide mission planners with added flexibility in launch geometry, range access, and scheduling while reducing dependence on fixed terrestrial infrastructure.
Kratos plans to use the Gateway platform initially in support of defense-related launch and target missions. The companies expect their collaboration to establish a foundation for expanded offshore mission operations as demand grows for hypersonic testing, ballistic-missile targets, responsive launch capabilities, and other national security relevant missions.
“From the beginning, our vision has been to make access to space as open as the ocean itself,” said Sean Fortener, President, Chief Operating Officer and Co-Founder of Seagate Space. “Partnering with Kratos and moving our first Gateway platform into construction represents a major step towards making that vision a reality. Kratos brings real mission requirements and decades of defense experience, and Seagate Space is bringing the maritime infrastructure to support them. With our first build contract signed, we are putting steel behind the vision and moving closer to delivering a capability the industry needs.”
Kratos has internally invested in rapidly developing and fielding affordable systems for demanding national security missions. Kratos’ approach is based on the belief that affordability is a technology: designing proven, leading-edge products and systems from the outset for rapid production, operational deployment, and scalable manufacturing.
“Kratos is committed to being first to market with affordable, relevant, mission-focused technology and systems that address the urgent requirements of the United States and its allies,” said Eric DeMarco, Kratos President and CEO. “This partnership with Seagate Space supports our mission and strategy, by creating an additional option for our customers to conduct critical launch and test missions. Sea-based launch infrastructure can provide flexibility, responsiveness, and operational choice—capabilities increasingly important to national security missions.”
The companies will continue to advance Gateway through construction, integration, and operational-readiness activities in preparation for Kratos’ first planned mission in 2027.
About Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com and follow Kratos on LinkedIn and X.
About Seagate Space
Seagate Space is space’s maritime partner: reinventing offshore launch, optimizing recovery, and innovating for emerging logistics needs. The company’s cutting-edge designs enable rapid, cost-effective development of offshore launch assets that can operate without the constraints of traditional land-based ranges. Seagate Space is a spARK Labs by ARK Invest member company headquarter in the St. Petersburg, Florida. Learn more at seagatespace.com and follow us on LinkedIn.
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 28, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
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