Kratos Partners With Kymeta To Advance Virtualized Ground Systems

• Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) and Kymeta entered a strategic partnership to jointly develop products and solutions that will enable modern, virtualized ground systems to better leverage the capabilities of the next-generation mobile satellite antennas. Deal terms not disclosed.
• Kymeta is a privately held satellite communications company based in Redmond, Washington.
• The partnership aims at advancing the ability of ground systems to support, leverage, manage and control electronically-steered and multi-purpose antennas to better support the capabilities of software-defined and multi-beam satellites.
• "Today's modem/antenna interface assumes an analog, static, one-for-one relationship at a time when the space layer has evolved to include highly dynamic multi-orbit networks and software-defined payloads," said Greg Quiggle, VP of Space Product Management at Kratos.
• The Digitally-Transformed Remote Terminal will combine a Kymeta ESA with a software-defined uCPE based on Kratos OpenSpace technology, all in a unified terminal package.
• Price Action: KTOS shares closed higher by 2.63% at 16.76 on Monday.