NASDAQ OMX

Kratos to Unveil Newest High Performance Class of Military Unmanned Aerial System Technology at 2017 Paris Air Show

Dela

Low-Cost, High-Performance Craft Represent Next Generation of Military Drones

SAN DIEGO, June 13, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, today announced the company will officially unveil a new class of unmanned aerial systems that represent the future of air combat at the 2017 Paris Air Show. Kratos is at the forefront of unmanned aerial systems with its ability to rapidly design, develop, demonstrate and deliver affordable high-performance jet powered drones.

Photos accompanying this announcement are available at 
http://www.globenewswire.com/NewsRoom/AttachmentNg/7d1c48b9-07d0-4ae1-9704-646f51a30f32 http://www.globenewswire.com/NewsRoom/AttachmentNg/96fb3aca-7dfe-470c-b662-436d7edd7286 http://www.globenewswire.com/NewsRoom/AttachmentNg/0a6629dc-e064-47b2-bb14-7909905913db http://www.globenewswire.com/NewsRoom/AttachmentNg/caf99365-ca62-415f-a9d3-205b812d0014

At the show, Kratos will be presenting the XQ-222 Valkyrie and UTAP-22 Mako drones that provide fighter-like performance and are designed to function as wingmen to manned aircraft in contested airspace.

The Valkyrie and the Mako represent the next generation of UAVs. They are highly maneuverable, stealthy, able to fly at near supersonic speeds, and can carry and deploy weapons or surveillance systems. The larger Valkyrie, measuring in at roughly 30 feet in length, has an impressive range of more than 3,000 nautical miles.

Most important, Kratos' UAVs are aligned with emerging military strategies because they are reusable and lower priced -- in the $2 million to $3 million range. This makes it cost efficient to deploy them in numbers that can effectively support manned aircraft or operate independently in combat.

The Valkyrie was recently announced by the Air Force Research Labs (AFRL) at a presentation on its Low Cost Attritable Aircraft Technology (LCAAT) program at Wright Patterson Air Force Base. 

"If you team up a bunch of these aircraft with an F-35 or an F-22, or some of our surveillance assets, you'd basically be able to cover more space at a lower cost point," Bill Baron, AFRL LCAAT project manager, told the Dayton Daily News at the May 9 event. "In a lot of cases, we don't have enough airplanes and as you look to the future, most likely our fleet sizes are going to continue to be more limited so this is a way to provide a force multiplier."

The Valkyrie has been in development since July 2016, when the U.S. Air Force awarded Kratos a contract to develop the LCAAT. After a less-than-two-year design and development effort, the Valkyrie is scheduled for its first flight in spring of 2018. The Mako is already operational and is scheduled for follow-on test flights, where it will carry sensors and be teamed with manned aircraft, in June, July and August of this year.

"The Mako and Valkyrie represent an entirely new category of UAVs," said Eric Demarco, Kratos CEO. "Thanks to our target drone expertise and our in-house research and development team, we have been able to combine high performance with low cost in fully functioning aircraft. And we did it in less than two years, not decades."

The Paris Air Show is the largest aerospace event in the world and will be held June 19-25. Kratos will be hosting visitors at booth # 3 A118.

About Kratos 
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense and combat systems. For more information, go to www.kratosdefense.com

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Press Contact: 
Jon Schmid 
619-200-7257 
JSchmid@CookandSchmid.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kratos Defense & Security Solutions, Inc. via Globenewswire

Om

NASDAQ OMX
NASDAQ OMX



Följ NASDAQ OMX

Skriv in din e-postadress så får du ett mejl när vi har något nytt att berätta.

Senaste pressmeddelandena från NASDAQ OMX

CP Kelco Appoints Didier Viala as New President16.10.2017 15:00Pressmeddelande

ATLANTA, Oct. 16, 2017 (GLOBE NEWSWIRE) -- CP Kelco, a leading global producer of specialty hydrocolloid solutions, announced today that Didier Viala has been appointed President, effective October 1, 2017. Viala replaces Donald Rubright, who served as CP Kelco President since 2006 and will retire at the end of 2017. Viala has also joined the CP Kelco Board of Directors. "As a market leader supplying high-quality hydrocolloid products for a range of foods and beverages, consumer products and industrial applications, CP Kelco will continue to invest in capacity additions, new product and applications development, strategic raw material sourcing, quality and safety management, and sustainability initiatives to support our customers' innovation efforts and growth strategies," Viala said. Over the course of more than 25 years with CP Kelco and its predecessor companies, Viala held leadership roles across a broad spectrum of critical areas, including innovat

LogicBio Therapeutics to Present Preclinical Data at European Society of Gene & Cell Therapy 25th Anniversary Congress in Berlin16.10.2017 15:00Pressmeddelande

· Company co-founder Professor Adi Barzel, Ph.D., to present new proof-of-concept efficacy data CAMBRIDGE, Massachusetts, Oct. 16, 2017 (GLOBE NEWSWIRE) -- LogicBio Therapeutics, Inc., a gene-therapy company with a mission to develop cures for early-onset life-threatening diseases, announced today that its company co-founder, Dr. Adi Barzel, will present new data from its genome-editing platform during the 25th Annual European Society of Gene & Cell Therapy (ESGCT) Congress in two presentations this Wednesday in Berlin, Germany. The ESGCT will be held from October 17-20, 2017, at the bcc Berlin. Dr. Barzel will present data in multiple animal models of disease demonstrating the extended therapeutic potential of LogicBio's proprietary GeneRide(TM) platform technology. The GeneRide technology harnesses the natural power of homologous recombination to enable precise, site-specific in vivo genome editing to deliver therapeutic genetic material without th

Invitation to presentation of LeoVegas third quarter 201716.10.2017 14:35Pressmeddelande

LeoVegas interim report for the third quarter 2017 will be published at 08:00 CET on October 25, 2017. A webcast telephone conference will be held at 09:00 CET the same day, where Gustaf Hagman, CEO and President, and Viktor Fritzén, CFO, will present the results for the third quarter 2017. A possibility will be given to ask questions via the webcast and follow the presentation live. The webcast will be accessible at: https://edge.media-server.com/m6/p/4pk3b55e                   To participate in the conference call by phone, please call one of the following numbers: SE: +46 (0) 8 5352 6408 UK: +44 (0) 20 3427 1914 US: + 1646 254 3364 Confirmation code: 35 35 667          The webcast, which afterwards also will be

Inbjudan till presentation av LeoVegas kvartalsrapport för tredje kvartalet 201716.10.2017 14:35Pressmeddelande

LeoVegas kvartalsrapport för det tredje kvartalet 2017 kommer att publiceras klockan 08:00 den 25 oktober 2017. En webbsänd telefonkonferens kommer att hållas klockan 09:00 samma dag där Gustaf Hagman, VD och koncernchef samt Viktor Fritzén, CFO, presenterar resultatet för det tredje kvartalet 2017. Det kommer att finnas möjlighet att ställa frågor via webbsändningen där även presentationsmaterialet går att följa. Webbsändningen nås på adressen: https://edge.media-server.com/m6/p/4pk3b55e För att delta i telefonkonferensen via telefon, vänligen ring in på något av följande nummer: SE: +46 (0) 8 5352 6408 UK: +44 (0) 20 3427 1914 US: + 1646 254 3364 Bekräftelsekod: 35 35 667 Webbsändningen, som även kan ses i efterhand, och pres

Concurrent Enters Definitive Agreement to Sell Content Delivery & Storage Business to Vecima Networks for $29 Million16.10.2017 14:00Pressmeddelande

Proposed Transaction Expected to Result in Debt Free Balance Sheet with $67 Million in Pro Forma Working Capital ATLANTA, Oct. 16, 2017 (GLOBE NEWSWIRE) -- Concurrent Computer Corporation (NASDAQ:CCUR) has entered into a definitive agreement to sell all of the assets of its Content Delivery & Storage Business to Vecima Networks Inc. (TSX:VCM) for a base purchase price of $29 million, subject to adjustment for normalized net working capital.  Headquartered in Victoria, British Columbia, Vecima is a leading designer and manufacturer of innovative network technology solutions. The proposed transaction, which has been approved by the Board of Directors of both companies, is subject to various terms and conditions including stockholder approval from Concurrent. "Vecima believes that the rapid growth in IPTV delivery across both MVPD private CDNs and OTT providers will continue to accelerate.  Concurrent is a recognized leader in storing, protec

Telefonica Deploys ASSIA's GPON Expresse® Solution to optimize Fiber Broadband Performance16.10.2017 14:00Pressmeddelande

REDWOOD CITY, Calif., Oct. 16, 2017 (GLOBE NEWSWIRE) -- Adaptive Spectrum and Signal Alignment, Inc. (ASSIA®). ASSIA and Telefonica announce widespread deployment of ASSIA's GPON Expresse® software across countries in South America: Argentina, Brazil, Chile, Colombia and Peru. GPON Expresse manages gigabit optical broadband networks with diagnostics for improved network performance and service delivery to Telefonica's fiber-based subscribers. GPON Expresse adds to the suite of ASSIA software products currently deployed at Telefonica in Latin America: DSL Expresse® for diagnostics and optimization of high speed DSL networks, and ClearView® for precise network analysis and recommendations for customer care agents and field technicians.  With the GPON Expresse deployment, Telefonica can now benefit from ClearView support across both copper and fiber networks.  By also incorporating ClearView support for Wi-Fi, operators can have complete end-to-end management across their ac

I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.

Besök vårt pressrum