SAN DIEGO, March 20, 2017 - Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that Yahsat has selected Kratos to support its expanding satellite fleet with command and control (C2), signal monitoring and data analysis solutions.
Kratos’ EPOCH® Integrated Product Suite (IPS) will provide C2 for Yahsat’s Al Yah 3 satellite, an HTS satellite with a global reach over three continents scheduled for launch this year; as well as for Yahsat’s existing Al Yah 1 and Al Yah 2 satellites, where it is replacing legacy systems. EPOCH IPS’ ability to simultaneously control multiple satellites from different manufacturers with a single consolidated system gives Yahsat a control platform that can scale to support any future fleet expansion.
Additionally, Kratos’ Monics® Carrier Monitoring System will provide advanced carrier monitoring and interference detection services to support Al Yah 3, which will provide multipurpose satellite solutions for broadband, broadcast, government and communications use across the Middle East, Africa, Europe, South America, Central and Southwest Asia.
EPOCH and Monics join Kratos’ Compass® Monitoring and Control (M&C) system, currently being used by Yahsat, to proactively monitor and manage their satellite network devices to reduce costly downtime.
According to Ross Barker, Executive Director - Satellite Operations, “EPOCH will facilitate integrating our existing and future satellites into a single monitoring and controlling platform, and Kratos’ data analysis capabilities will provide us with the tools to analyse telemetry data and run statistics using predictive analysis algorithms, thereby improving our operations.”
About Kratos Defense & Security Solutions
Kratos 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.
Yahsat provides multipurpose satellite solutions (government and commercial) for broadband, broadcast, government, and communications use across the Middle East, Africa, and Europe in addition to Central and South West Asia. Based in Abu Dhabi, UAE, and wholly owned by Mubadala Development Company, the investment vehicle of the Government of Abu Dhabi, Yahsat is the first company in the Middle East and Africa to offer multipurpose Ka-band satellite services including:
Yahsat’s first satellite Y1A was successfully launched in April 2011 and the company’s second satellite Y1B was successfully launched in April 2012. Yahsat announced its third satellite, Al Yah 3, planned for launch in 2017, extending their commercial Ka-band coverage to an additional 20 markets reaching 60% of Africa’s population and over 95% of Brazil’s population, marking the company’s first entry into Brazil. For more information visit www.yahsat.ae or www.mubadala.ae.
Notice Regarding Forward-Looking Statements
Certain 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.