Kratos and HawkEye 360 Announce Collaboration to Advance Spectrum Detection, Characterization, and Geolocation Services
May 08 2017 - 7:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, and HawkEye 360,
announced today a memorandum of understanding (MOU) to explore the
potential of expanding Kratos’ industry-leading carrier monitoring,
interference detection and geolocation offerings with HawkEye 360’s
planned space-based RF detection and geolocation services.
Under the MOU the companies will explore
opportunities to augment Kratos’ terrestrial-based sensor network
capabilities with HawkEye 360’s planned space-based RF detection
and geolocation services. The combination of space and
terrestrial sensors will benefit a wide array of customers by
increasing the speed and accuracy of data analysis for industries
as varied as broadcasting, transportation, military, public sector,
manufacturing, and emergency response.
“The ability to infuse our terrestrial-based
sensor data with HawkEye 360’s space-based RF monitoring data will
broaden our data sources, and enhance the precision and performance
of the analytics and insight services we provide to customers,”
said Greg Caicedo, Kratos Vice President.
Included in Kratos’ portfolio of
enterprise-grade ground segment products and solutions is its
unique global RF network that helps commercial and government
satellite operators assure satellite and payload performance with
carrier monitoring, interference detection, geolocation and data
analytic services. Kratos is expanding its infrastructure with
seven new worldwide monitoring sites—including HTS spot beam and
VSAT monitoring— hosting more than 60 antennas and providing
visibility to over 50 satellites, 100 beams and 200
transponders.
HawkEye 360 plans to build a system in low Earth
orbit using constellations of satellites, the first launch of which
is scheduled for early 2018, with the complete RF
survey/geolocation constellation scheduled to be on orbit by 2020.
HawkEye 360’s system will monitor RF spectrum usage to help
identify areas of interference, better understand spectrum
deployment, and avoid negative impact to operations. The system
could also help to detect and locate activated emergency beacons to
improve response times in life-threatening situations.
“By harnessing the power of geospatial data
analysis and turning it into actionable information, HawkEye 360
and Kratos can give customers the tools needed to make critical
decisions,” said John Serafini, Chief Executive Officer of HawkEye
360. “The collaboration we’ve formed with Kratos is an example of
the power and value that lies in teaming up with other companies in
the “New Space” industry to provide enhanced services that benefit
customers and providers. It is the growth of the future in this
industry.”
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions, Inc.
(Nasdaq:KTOS) is a mid-tier government contractor at the forefront
of the Department of Defense’s Third Offset Strategy. Kratos
is a leading technology, intellectual property and proprietary
product and solution company focused on the United States and its
allies’ national security. Kratos is the industry leader in
high performance unmanned aerial drone target systems used to test
weapon systems and to train the warfighter, and is a provider of
high performance unmanned combat aerial systems for force
multiplication and amplification. Kratos is also an industry
leader in satellite communications, microwave electronics, cyber
security/warfare, missile defense and combat systems. Kratos
has primarily an engineering and technically oriented work force of
approximately 2,900. Substantially all of Kratos' work is performed
on a military base, in a secure facility or at a critical
infrastructure location. Kratos' primary end customers are National
Security related agencies. News and information are available at
www.KratosDefense.com
About HawkEye 360HawkEye 360 is
developing a constellation of small satellites in low Earth orbit
(LEO) to generate reports on wireless signals that can be used to
track and monitor global transportation networks, assist with
emergencies, as well as other data analytics services. The company
seeks to provide highly accurate maritime situational awareness,
collecting information about vessels to create a wealth of current
and historical data useful for commercial planning and monitoring,
as well as emergency response. Similar data will be available for
airborne and land-based transportation and logistics industries.
More information about the company can be found
at www.he360.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
25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other
filings made with the SEC by Kratos.
Press Contact: Kratos
Yolanda White
858-812-7302 Direct
Press Contact: HawkEye 360
Christine Dunn
ArcPoint Strategic Communications
617-314-6441 x101
Investor Information:
877-934-4687
investor@kratosdefense.com
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