Hypersonix and Kratos Sign Agreement to Develop and Fly DART AE Hypersonic DroneDevelopment and Collaboration Agreement • January 25th, 2022
Contract Type FiledJanuary 25th, 2022SAN DIEGO, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Hypersonix Launch Systems Ltd. and Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) have signed an agreement to launch the DART AE multi-mission hypersonic drone technology demonstrator. In the Hypersonix Kratos Team’s (the “Team”) submission to the Australian Department of Industry, Science, Energy and Resources Modern Manufacturing Initiative (MMI) Grants Program 2, the Team is planning for a launch and initial demonstration flight of the DART AE Hypersonic Drone System in 2023.