Kratos Participates in North Dakota’s Innovation Day, Showcases Autonomous Truck-Mounted Attenuator

SAN DIEGO, Oct. 09, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, participated in North Dakota’s Innovation Day on Autonomous Systems Policy.

At the event at Grand Farm in Horace, ND, Kratos showcased its Autonomous Truck-Mounted Attenuator (ATMA), a driverless version of the mobile crash barriers utilized for road construction and highway maintenance vehicles, shielding workers and equipment ahead from errant drivers entering the work zone. In January 2020, North Dakota Department of Transportation (NDDOT) was one of ten states to receive a Federal Highway Administration Accelerated Innovation Deployment (AID) grant for the acceleration, implementation, and adoption of innovation in highway transportation systems. North Dakota used this funding to support the deployment of an ATMA pilot program—becoming the sixth state to adopt the life-saving technology.

In the United States, there are more than 12 crash-related fatalities every week in the road work zone. By removing the human from the most dangerous assignment in mobile highway operations, Kratos’ AMTA has the potential to save nearly 700 lives annually.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “Kratos is committed to advancing affordable unmanned technologies that keep Americans safe—from unmanned jet drones that increase America’s readiness for the future of aircraft-based warfare to unmanned Autonomous Truck-Mounted Attenuators that save lives on America’s roadways. We are proud to be partnering with North Dakota on its ATMA pilot program, and we look forward to expanding use of this life-saving technology across the country.”

NDDOT Director Bill Panos said, “First and foremost, this technology is one more tool that we have available to enhance the safety of work zones in our state and potentially save lives. The NDDOT is committed to its Vision Zero initiative, and our goal is to eliminate fatalities and serious injuries caused by motor vehicle crashes.”

Kratos Unmanned Systems’ ATMAs have driven more than 2,000 miles since launch in 2017 and, in addition to North Dakota, are currently deployed in California, Colorado, Florida, Minnesota, Missouri, and Tennessee, as well as the United Kingdom.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit www.KratosDefense.com.

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 29, 2019, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/80847447-613e-4a0c-bab3-731f548d05bc

Kratos' Autonomous Truck-Mounted Attenuator (ATMA)

Kratos' Autonomous Truck-Mounted Attenuator (ATMA)
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