Innovative Partnership Between Kratos and hiSky Enhances IoT Solutions

Kratos and hiSky Forge Strategic Alliance to Boost IoT Services

In a groundbreaking partnership, Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has joined forces with hiSky, a prominent player in satellite communication technology. This collaboration is set to revolutionize Industrial Internet of Things (IoT) connectivity, offering a robust solution for both commercial and governmental clients worldwide. By melding Kratos’ innovative OpenSpace platform with hiSky’s Smartellite technology, the two companies aim to create a more agile and dynamic communication landscape.

Transforming the IoT Landscape

The global market for IoT solutions is experiencing rapid growth, projected to soar from $277 billion to $606 billion in the coming years. The vital role of satellite connectivity cannot be understated, especially in remote or challenging environments where traditional networks fall short. This partnership is a response to increasing demand for flexibility and scalability in communication systems, allowing for the efficient delivery of services where they are needed most.

Both Kratos and hiSky understand that leveraging a cloud-enabled architecture will facilitate the swift deployment of IoT services. By utilizing Kratos’ OpenSpace, which operates as a fully orchestrated and software-defined ground system, IoT providers will be able to significantly reduce their operational costs and enhance service flexibility.

hiSky’s Pioneering Solutions

hiSky has made a name for itself with its Smartellite terminals, which provide enterprises with a straightforward answer for satellite IoT applications. These easy-to-deploy systems connect seamlessly with traditional hardware hubs, but the partnership with Kratos will transform this model. By fully virtualizing the hiSky hub within the OpenSpace platform, users will benefit from a service that runs effectively on mainstream public clouds.

Greg Quiggle, Senior Vice President of Product Management at Kratos, emphasized the advantage of this collaboration, noting that it will empower clients to provide scalable IoT solutions at a significantly lower cost compared to traditional systems. This aligns perfectly with the industry's shift towards greater digital transformation.

Unprecedented Flexibility in Service Delivery

Shahar Kravitz, co-founder and CEO of hiSky, expressed enthusiasm about the impending advancements, stating that satellite operators will gain unprecedented flexibility. This partnership allows for the quick activation of new carriers at enabled teleports simply with the push of a button. The elimination of the need for new hardware streamlines operations, setting a new standard for speed, scalability, and redundancy.

About Kratos OpenSpace

Kratos’ OpenSpace platform is at the forefront of modernizing satellite ground systems. By transforming legacy systems into more dynamic entities capable of adapting to customer needs, OpenSpace is reshaping the satellite communication landscape. This first-of-its-kind platform enhances satellite operations and integrates seamlessly with global communications infrastructure.

About hiSky

Founded in 2015, hiSky has quickly established itself as a leader in satellite technology. The company offers innovative and reliable connectivity for government and industrial IoT applications, demonstrating a commitment to tackling crucial connectivity challenges across various sectors. It markets a cost-effective, adaptable product that has set it apart in the fiercely competitive satellite communication domain.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) specializes in providing top-tier technology, products, and software to defense and security sectors. Known for its innovative approach, Kratos works diligently to reduce costs and delivery timeframes, ensuring they meet the critical needs of customers across the globe. Kratos stands out as a transformative force within the industry, known for its expertise in developing solutions that pave the way for rapid and reliable manufacturing processes.

Frequently Asked Questions

What services will the Kratos and hiSky partnership provide?

The partnership will offer enhanced IoT connectivity solutions using satellite networks, focusing on scalable and cost-effective services.

How will the OpenSpace platform improve IoT services?

OpenSpace will enable virtualized operations, delivering IoT services more efficiently and at reduced costs compared to traditional hardware-based systems.

What is the significance of this partnership for satellite operators?

This collaboration allows satellite operators to deploy services quickly, enhancing flexibility without significant hardware investments.

What industries can benefit from the solutions provided by Kratos and hiSky?

Industries including government, agriculture, transportation, and disaster management can all leverage these advanced satellite connectivity solutions.

What is the mission of Kratos Defense & Security Solutions?

Kratos aims to provide innovative and cost-effective solutions for defense and security needs while advancing technologies that meet evolving market demands.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.