Kratos & rafael establish prometheus energetics joint venture, a u.s.-based merchant supplier of solid rocket motors

San diego, feb. 26, 2025 (globe newswire) -- kratos defense & security solutions, inc. (nasdaq: ktos), a technology company in the defense, national security and global markets, and rafael advanced defense systems ltd., today announced an approximate 50/50 partnership for the establishment of a u.s.-based merchant supplier of solid rocket motors (srms) and other energetics. the new joint venture, named prometheus energetics (“prometheus”), is set to be headquartered on an approximate 500-acre site near the united states navy and army facility in crane, indiana.
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