Core Insights - Prometheus Energetics has officially broken ground on a new solid rocket motor manufacturing campus in Indiana, marking a significant step in addressing the U.S. supply chain challenges in solid rocket motor production [1] - The new facility will span approximately 600 acres and is designed to support four production lines, with a capacity of up to 800 tons of domestic energetics manufacturing [1] - The establishment of this campus is a strategic move to enhance the U.S. defense industrial base and ensure reliable access to advanced energetics for U.S. and allied forces [1] Company Overview - Prometheus Energetics is a joint venture between Kratos Defense & Security Solutions and RAFAEL Advanced Defense Systems, focused on providing a resilient and scalable domestic supply of solid rocket motors [2] - Kratos has committed up to $175 million in capital for the establishment of Prometheus and its manufacturing campus, which includes investments in property, plant, equipment, and workforce development [1] - RAFAEL brings decades of expertise in energetics technologies, contributing to the production of systems like Iron Dome and David's Sling, while Kratos adds extensive U.S. production experience [1] Industry Context - The U.S. faces a growing gap in solid rocket motor production, which poses a national security vulnerability as demand for advanced munitions increases [1] - The Prometheus campus is part of a broader initiative to restore trusted domestic production capacity, critical for sustaining deterrence and operational readiness in defense [1] - The collaboration between Prometheus, ACMI, and local and federal stakeholders aims to align the campus development with workforce and infrastructure investments, enhancing the overall manufacturing ecosystem [1]
Prometheus Energetics Breaks Ground on New Solid Rocket Motor Manufacturing Campus in Indiana