KTOS Kratos Defense & Security Solutions Inc.

Kratos Valkyrie Demonstrates Affordable Runway Flexibility with Recent Take-Off and Flight Operations

Kratos Valkyrie Demonstrates Affordable Runway Flexibility with Recent Take-Off and Flight Operations

Kratos In Production, Low-Cost, High-Performance Jet Drones Can Accommodate Existing Runway Based Operations or be Deployed in Standard Shipping Containers and Rail Launched from Austere Locations

SAN DIEGO, July 02, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced the successful demonstration of the second of three Valkyrie launch methods: the Kratos Trolley Launch System (KTLS).

The KTLS enables the Valkyrie to take off from traditional runways or straight roads, without requiring Rocket Assist Take Off (RATO) or other acceleration producing devices. The KTLS is unpowered with take-off thrust provided solely by the aircraft jet engine. For KTLS take off, which is fully autonomous, the aircraft engine throttles up just like a conventional jet take off, and the combined system, Valkyrie and KTLS, accelerates down the runway. Ultimately, at lift-off speed, the aircraft flies up and away (separates) from the KTLS which then deploys drogue chutes and brakes to a stop on the runway while the aircraft proceeds to its flight mission. Video of the KTLS launch can be found here.



Kratos Valkyrie on KTLS Before Being Towed out to Runway for Takeoff

A photo accompanying this announcement is available at

For years, the Valkyrie has operated using the RATO method which enables the system to be operated from austere and unprepared locations without runways or similar traditional aircraft support elements. A primary benefit of both RATO and KTLS launch is that the aircraft payload and fuel load can be maximized and is not reduced by the weight, nor the storage volume required for conventional retractable gear. Significantly, the flyaway aircraft system cost is also not impacted by the cost of take-off / landing gear. For deployment of affordable mass, keeping cost out of the airborne systems is paramount.

The Kratos funded flight demonstration was conducted at the North Dakota GrandSky Range where Kratos can independently (from DoD ranges) operate its larger Collaborative Combat Aircraft class UAS like the Valkyrie.

Steve Fendley, President Kratos Unmanned Systems Division, said, “The availability of the GrandSky Range resources and the support from Senators Hoeven and Cramer and the North Dakota community at large has been an incredible enabler for our program. As we watch peer adversaries in both their preparations and active conflicts, and at the same time see the DoD budget impacts in our own nation, we have challenged ourselves at Kratos to solve today’s defense challenges with solutions that are realizable, near term achievable, and affordable. The perfect capability solution too late is really an abject failure; and we continually use this fact as a constraint on our approaches. We remain committed to developing and producing systems that are effective in the near term and deliver substantial effect/impact/utility per cost across the life cycle.”

The development, production, and demonstration of the internally funded KTLS epitomizes clever conceptualization, rigorous digital engineering and physical engineering, integration, testing, and rapid production-representative manufacturing that enables a unique and effective system offering and was made possible by Kratos’ 30 years of engineering experience with unmanned jet aircraft autonomous runway take off.



Valkyrie on KTLS Being Towed by Small Crossover Demonstrating Affordable Approach to Support Systems and Maximum Flexibility of Operations

A photo accompanying this announcement is available at

Eric DeMarco, President and CEO of Kratos, said, “The successful demonstration of our Valkyrie and KTLS system is another recent example of Kratos “listening” to the customer community and investing our own funds, enabling Kratos to rapidly develop, demonstrate and field relevant, low-cost systems. At Kratos, ‘better is the enemy of good enough, ready to go and flying today’, with our entire organization focused on delivering products, not some day hoped for, imagined images, power points or renditions, as we work with our government customer partners to rebuild the U.S. industrial base and support the warfighter.”

This Kratos-funded flight is the latest representative data point of the success of Kratos’ strategy to reinvigorate the U.S. defense industrial base with Kratos-funded, rapidly developed and fielded, relevant, low-cost systems by working closely with our government customer/partners. Beyond its low-cost, jet-powered unmanned aerial drone systems, including Valkyrie, Mako, Air Wolf, Athena, Apollo and others, Kratos continues to successfully execute this strategy with its Erinyes hypersonic test bed , its next generation TurboJet and TurboFan jet engines for drones, missiles, loitering and powered munitions, as well as Kratos OpenSpace.

About Kratos Defense & Security Solutions

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 .

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 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:

Claire Burghoff



Investor Information:

877-934-4687



EN
02/07/2024

Underlying

Reports on Kratos Defense & Security Solutions Inc.

 PRESS RELEASE

Kratos Awarded $116.7 Million Prime Contract from the U.S. Space Devel...

Kratos Awarded $116.7 Million Prime Contract from the U.S. Space Development Agency for Ground System to Support Advanced Fire Control Missions Kratos Led Team Will Design, Implement and Operate Ground Infrastructure Supporting Interoperability Across Multi-Vendor LEO Constellations Using its Kratos OpenSpace® Platform SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced today that it has been awarded a contract valued at a maximum of $116.7 million over...

 PRESS RELEASE

Kratos’ Zeus Rocket Motors Achieve 100% of First Flight Performance Ob...

Kratos’ Zeus Rocket Motors Achieve 100% of First Flight Performance Objectives New Zeus Motors are in Production and Ready for Use SAN DIEGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced that its Zeus 1 and Zeus 2 Solid Rocket Motors (SRMs) completed their first successful flight on October 24, 2024, from the NASA Wallops Flight Facility in Virginia. This milestone launch provides the qualifications necessary to transition the Zeus SRMs to test programs s...

 PRESS RELEASE

Kratos Reports Third Quarter 2024 Financial Results

Kratos Reports Third Quarter 2024 Financial Results `       Third Quarter 2024 Revenues of $275.9 Million Compared with Third Quarter 2023 Revenues of $274.6 Million Third Quarter 2024 Unmanned Systems Revenues of $64.2 Million Compared with Third Quarter 2023 Revenues of $56.7 Million Third Quarter 2024 Consolidated Book to Bill Ratio of 1.0 to 1 and Last Twelve Months Ended September 29, 2024 Consolidated Book to Bill Ratio of 1.1 to 1 Third Quarter 2024 Consolidated Bookings of $267.2 Million and Last Twelve Months Ended September 29, 2024 Consolidated Bookings of $1.240 Billion Affi...

 PRESS RELEASE

Kratos Defense & Security Solutions Schedules Third Quarter 2024 Earni...

Kratos Defense & Security Solutions Schedules Third Quarter 2024 Earnings Conference Call for Thursday, November 7th SAN DIEGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the third quarter 2024 after the close of market on Thursday, November 7th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern). The call will be ...

 PRESS RELEASE

Kratos Receives $45 Million Satellite System Related Contract Award

Kratos Receives $45 Million Satellite System Related Contract Award  SAN DIEGO, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced today that it has recently received a new, sole source, approximate $45 million single award contract related to a new satellite system. Work under this new satellite system contract award will be performed at secure Kratos engineering, production and integration facilities. Due to customer related, competitive and other conside...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch