SAN DIEGO, June 7, 2021 (GLOBE NEWSWIRE) – Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading provider of national security solutions, announced today that in the first quarter of 2021, it delivered products supporting the satellite industry’s movement to virtualized terrestrial systems for 24 customers worldwide. These include products in the Kratos’ quantum® and SpectralNet® lines, both of which are part of the OpenSpace ™ family of dynamic virtual terrestrial solutions.
Kratos OpenSpace’s quantum products offer software versions of satellite terrestrial system components traditionally used as hardware, such as modems and front-end processors (FEPs), needed to communicate with the satellite or its payload. Kratos quantum products are used by hundreds of satellite operators around the world, supporting tens of thousands of satellite passages per month.
Kratos SpectralNet products provide connection to modern virtual ground operations by reliably digitizing the radio frequency (RF) signals from the satellite in Internet Protocol (IP) format, which can be processed by digital systems operating in the cloud, pre-hybrid environments.
Quantum OpenSpace products (called virtual network functions or VNFs) are not only cheaper than replacement hardware, they run at a lower cost and are more flexible to adapt more quickly to changing missions and conditions. For example, when it may take weeks to deploy system ground equipment, quantum VNFs can be deployed and configured to support various missions in just hours. Kratos’ OpenSpace Platform, the most advanced line in the OpenSpace family, can go even further by allowing satellite operators to deploy, configure and adapt entire networks in minutes, using its orchestrated software-defined network architecture (SDN).
Sales of OpenSpace quantum and OpenSpace SpectralNet products in the first quarter were concluded with satellite operators, manufacturers and service providers, including some of the world’s largest operators, New Space companies, leading contractors for the US government and directly to government agencies.
According to Kratos Vice President of Product Management Greg Quigel, “The OpenSpace and OpenSpace SpectralNet quantum lines are a stepping stone for space companies seeking to take advantage of the digital transformation of their ground-based systems to support new goals and opportunities. Our recently launched OpenSpace platform takes the core technologies developed for quantum and SpectralNet to another level, providing a fully integrated approach to ground operations. “
For more information on the Kratos family of dynamic terrestrial solutions, including OpenSpace quantum and SpectralNet products, as well as the OpenSpace platform, visit https://www.kratosdefense.com/openspace.
On the protection and defense solutions of Kratos
Kratos Defense & Security Solutions, Inc. (NASDAQ:SOMEONE) develops and directs transformative, accessible technologies, platforms and systems for customers, allies and commercial enterprises related to US national security. Kratos is changing the way breakthrough technologies for these industries are rapidly being marketed through proven approaches supported by trade and venture capital, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cybersecurity / warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems, and the development of next-generation turbojet and turbo engines. For more information go to www.KratosDefense.com.
Notice on future prospects
Some statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Reform Act 1995. These forward-looking statements are based on the current beliefs, expectations and assumptions of Kratos management and are subject to significant risks and uncertainties. Investors are warned not to rely unnecessarily on such forward-looking statements. All such forward-looking statements speak only as of the date on which 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 could lead to significant differences in actual results from what may be expressed or implied in these forward-looking statements. . For further discussion of the risks and uncertainties that could give rise to different factual results than those expressed in these forward-looking statements, as well as the risks to Kratos’ business as a whole, see the risk disclosure in the annual report on Form 10. – Kratos K for the year ended 27 December 2020 and in subsequent reports on forms 10-Q and 8-K and other declarations made to the SEC by Kratos.
Press contact:
Yolanda White
858-812-7302 Directly
Investor information:
877-934-4687
investor@kratosdefense.com
