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Kratos Defense Shares Rise 9% On OpenSpace Platform Deployment With SSC Space
RTTNews· 2026-03-02 16:41
Core Viewpoint - Kratos Defense & Security Solutions, Inc. (KTOS) shares increased by 8.52% to $93.51 following the announcement of its OpenSpace Platform being deployed in SSC Space Go, a new small satellite data service [1] Group 1: Stock Performance - The stock is currently trading at $93.51, up from a previous close of $86.18, with an opening price of $92.42 and a trading range between $89.03 and $97.10 during the session on Nasdaq [2] - Trading volume reached 7.19 million shares, more than double the average volume of 3.46 million shares [2] - The stock has a 52-week trading range of $25.32 to $134.00 [3] Group 2: Product and Service Details - SSC Space Go utilizes Kratos' OpenSpace virtualization and orchestration capabilities to enable high-throughput, real-time data delivery for small satellites in Low Earth Orbit [2]
SSC Space Deploys Kratos' OpenSpace® Platform in its New Service for LEO Missions: SSC Space Go
Globenewswire· 2026-03-02 13:00
Core Insights - Kratos Defense & Security Solutions, Inc. has announced the deployment of its OpenSpace Platform as a key component of SSC Space Go, a new service aimed at providing seamless data access for small satellites in Low Earth Orbit (LEO) [1][2] Company Overview - Kratos Defense & Security Solutions focuses on technology, products, systems, and software for defense, national security, and commercial markets, emphasizing affordability and rapid development of solutions [4][7] - The company is recognized as an innovative change agent in the industry, aiming to reduce costs and risks while being first to market with effective solutions [4][7] Product Details - The OpenSpace Platform is the only commercially available, fully orchestrated satellite ground system designed to support multiple missions, eliminating the need for manual integration of disparate ground system functions [2][3] - OpenSpace includes three product lines: digitizers for converting satellite RF signals, quantum products as virtual versions of traditional hardware, and the OpenSpace Platform itself [3] - The platform supports various applications, including Earth Observation and Remote Sensing, and allows satellite operators to implement digital operations tailored to their mission goals [3] Service Features - OpenSpace enables SSC Space Go to provide high-quality service by leveraging virtualization and orchestration capabilities, which enhance service delivery and support modern mission requirements [2] - Key features of the OpenSpace Platform include interoperability with a wide range of satellites, automatic reconfiguration for satellite passes, rapid scaling based on mission demand, and real-time high-volume data downlinking [5][6]
SSC Space Deploys Kratos’ OpenSpace® Platform in its New Service for LEO Missions: SSC Space Go
Globenewswire· 2026-03-02 13:00
Core Insights - Kratos Defense & Security Solutions has announced the deployment of its OpenSpace Platform as a key component of SSC Space Go, a new service aimed at providing seamless access to Earth Observation data for small satellites in Low Earth Orbit [1][2] Company Overview - Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology company focused on defense, national security, and commercial markets, emphasizing rapid development and deployment of solutions to meet mission-critical needs [4] - SSC Space, formerly known as Swedish Space Corporation, is a global provider of advanced space services with over 50 years of experience, offering expertise in satellite communications, spacecraft operations, and launch services [8] Product Features - The OpenSpace Platform is the only commercially available, fully orchestrated satellite ground system designed to support multiple missions, eliminating the need for manual integration of disparate ground system functions [2][3] - OpenSpace enables high-quality service delivery by providing virtualization and orchestration capabilities, which enhance service delivery speed and support modern mission requirements [2] - The platform includes features such as automatic reconfiguration for satellite passes, high-throughput wideband downlink, and real-time data downlinking [5][6] Strategic Importance - The partnership with SSC Space highlights the scalability and flexibility of OpenSpace, which is crucial for the growth strategy of SSC Space, allowing for the introduction of new network functions and revenue opportunities [2][3] - The fully software-defined architecture of OpenSpace positions partners like SSC Space to adapt and evolve their networks, capturing new opportunities in a dynamic and interoperable industry landscape [2]
Kratos Awarded $25 Million Task Order for U.S. Space Force's Evolved Strategic SATCOM
Globenewswire· 2025-06-11 12:00
Core Viewpoint - Kratos Defense & Security Solutions, Inc. has been awarded a $25 million task order under the CCS-C Sustainment and Resiliency contract with the U.S. Space Force to enhance ground system capabilities for the Evolved Strategic Satellite Communications system, which is crucial for the Nuclear Command, Control, and Communications mission [1][3]. Group 1: Task Order Details - The task order will establish the CCS-C infrastructure to support out-of-band ESS telemetry, tracking, and command capabilities [2]. - It aims to create necessary infrastructure for linking ground system solutions for operations and develop a roadmap for ESS Mission Unique Software and CCS-C micro-services [2]. - The contract has a performance period of 34 months, starting from March 14, 2025, to November 30, 2027 [3]. Group 2: Contract and Financials - The C-SAR contract has a maximum value of $579 million for various task orders related to operations, sustainment, and enhancements [3]. - The task order is part of a single-award indefinite delivery/indefinite quantity (IDIQ) contract awarded to Kratos on November 15, 2023 [3]. Group 3: CCS-C System Overview - The CCS-C system provides secure and integrated communications for Military SATCOM requirements, including various satellite systems like DSCS, Milstar, WGS, and AEHF [4]. - The CCS-C system is expected to play a significant role in out-of-band command and control for the ESS constellation [4]. Group 4: Technological Innovations - The implementation of Kratos' OpenSpace Platform is a key infrastructure change associated with the task order, allowing the Space Force to select necessary capabilities as missions evolve [5]. - The OpenSpace family of solutions aims to transform satellite ground systems into more dynamic components of the space network, consisting of three product lines: OpenSpace SpectralNet, OpenSpace quantum products, and the OpenSpace Platform [6].