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.
