- Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) and Kymeta entered a strategic partnership to jointly develop products and solutions that will enable modern, virtualized ground systems to better leverage the capabilities of the next-generation mobile satellite antennas. Deat terms not disclosed.
- Kymeta is a privately held satellite communications company based in Redmond, Washington.
- The partnership aims at advancing the ability of ground systems to support, leverage, manage and control electronically-steered and multi-purpose antennas to better support the capabilities of software-defined and multi-beam satellites.
- “Today’s modem/antenna interface assumes an analog, static, one-for-one relationship at a time when the space layer has evolved to include highly dynamic multi-orbit networks and software-defined payloads,” said Greg Quiggle, VP of Space Product Management at Kratos.
- The Digitally-Transformed Remote Terminal will combine a Kymeta ESA with a software-defined uCPE based on Kratos OpenSpace technology, all in a unified terminal package.
- Price Action: KTOS shares closed higher by 2.63% at 16.76 on Monday.
Louisiana-Pacific Surpasses Q3 Estimates, Announces $500M Buyback
Louisiana-Pacific Corp (NYSE:LPX) reported third-quarter FY21 net sales growth of 53% year-over-year to $1.219 billion, beating the consensus of $1.11 billion.…
