Kratos: Virtualized satellite ground station sales inflection point to come in 2024/2025

by Peter B. de Selding

LA PLATA, Maryland — Kratos Defense & Security Solutions Inc.’s space, satellite and cyber business reported a 23% increase in revenue for the three months ending Sept. 30, with a book-to-bill rate of 1.4 with the likelihood of more growth to come given the increase in satellite launches.

Kratos is pinning much of its space division’s near-term growth on market uptake of its OpenSpace virtualized ground network that replaces much ground station hardware with software.

In a Nov. 2 investor call, Kratos Chief Executive Eric M. DeMarco said OpenSpace is in . . .

To view the entire article, become a subscriber!

You may also like