Kratos Receives $33.6 Million Contract to Provide Power Conversion System for NASA’s Historic SR-1 Freedom Nuclear-Powered Spacecraft

manilatimes.net · 2026-10-28

Targeted for Launch in 2028, Freedom Will Be the First U.S. Nuclear Fission Reactor-Powered Interplanetary Spacecraft

TickrTrends take: Kratos Defense & Security Solutions has secured a 33 million dollar contract to supply critical power conversion technology for NASA's SR-1 Freedom nuclear-powered spacecraft program. This award represents meaningful revenue diversification for the industrial defense contractor into advanced space infrastructure, an area with substantial long-term government funding commitments. Given TickrTrends' current undervalued assessment, investors should monitor whether this contract catalyzes broader adoption of Kratos systems within NASA's expanding deep-space initiatives, as such expansion could materially support the company's valuation multiple over time.

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