Kratos Supports the Satellite Industry’s Digital Transformation with Sales of Virtual Ground System Products to More than 2...
June 07 2021 - 8:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
in the first quarter of 2021 it delivered products supporting the
satellite industry’s movement toward virtualized ground systems to
24 customers around the globe. These included products in Kratos’
quantum® and SpectralNet® lines, both of which are part of its
OpenSpace™ family of dynamic, virtual ground solutions.
Kratos’ OpenSpace quantum products offer
software versions of satellite ground system components which
traditionally have been implemented as hardware, such as modems and
front-end processors (FEP), needed to communicate with the
satellite or its payload. Kratos’ quantum products have been in use
by hundreds of satellite operators around the globe supporting tens
of thousands of satellite passes per month.
Kratos’ SpectralNet products provide the on-ramp
to modern virtual ground operations by reliably digitizing the
Radio Frequency (RF) signals from the satellite into an Internet
Protocol (IP) format that can be processed by digital systems
running in cloud, on-prem and hybrid environments.
OpenSpace quantum products (referred to as
Virtual Network Functions or VNFs) are not only less expensive than
the hardware they replace, they operate at lower cost and with
greater flexibility to adapt more rapidly to changing missions and
conditions. For example, where it can take weeks to deploy ground
system hardware, quantum VNFs 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.Sales of OpenSpace
quantum and OpenSpace SpectralNet products in Q1 were concluded
with satellite operators, manufacturers and service providers
including some of the world’s largest operators, New Space
companies, leading prime contractors for the U.S. government and
directly to government agencies.
According to Kratos Vice President of Product
Management, Greg Quiggle, “The OpenSpace quantum and OpenSpace
SpectralNet product lines are stepping stones for space companies
seeking to take advantage of digital transformation of their ground
systems to support new goals and opportunities. Our recently
introduced OpenSpace Platform takes the underlying technologies
developed for quantum and SpectralNet to another level, delivering
a fully integrated approach to ground operations.”
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.
About Kratos Defense & Security
SolutionsKratos 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. Kratos specializes 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
StatementsCertain 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 White858-812-7302
Direct
Investor
Information:877-934-4687investor@kratosdefense.com
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