Access Equity Research

News

Virtual & In-person Roadshows / Conferences

Channelchek Premium. Access more at no cost. 

The site "channelcheck" is opened on the phone

Join the Channelchek Investor Community to access equity research, video content, events, and much more. All at no cost. 

Access to Exclusive Content. FREE for Registered Users Only. 

Click “Log In” to agree to Channelchek.com <a href="#">Terms of Use</a> and acknowledge that Channelchek.com <a href="#">Privacy Policy</a> applies to you.

Welcome to the Channelchek Investor Community

Informed investors make more money. And it’s all about timing. Get it when it happens.

Inbox Intel from Channelchek.

Consumer sentiment in the United States showed a modest rebound in February, reaching its highest level since last August, according to the University of Michigan’s Index of Consumer Sentiment. The reading came in at 57.3, up 1.6 points from January, surpassing economists’ expectations of a decline to 55. While this represents an encouraging short-term improvement, sentiment remains significantly below last year’s highs, reflecting ongoing concerns about inflation, job security, and long-term economic stability.



Compared with February 2025, when sentiment stood at 64.7, the index is down 11.4%, and roughly 20% below the peak levels recorded last year. Joanne Hsu, director of surveys of consumers at the University of Michigan, emphasized that “recent monthly increases have been small — well under the margin of error — and the overall level of sentiment remains very low from a historical perspective.” According to Hsu, Americans continue to worry about the erosion of personal finances due to high prices and the elevated risk of job loss.



The February report highlights mixed signals from the labor market. Jobless claims came in higher than expected this week, suggesting some near-term labor market pressures. Yet, data from Challenger, Gray &amp; Christmas show that December job cuts were at their lowest level since 2023. Official jobs data from the Bureau of Labor Statistics (BLS) is scheduled for release on February 11, after delays caused by a partial government shutdown, which had postponed the initial report.



Inflation expectations also showed improvement in February. Survey respondents now anticipate a 3.5% increase in prices over the next year, down from 4% previously. This is the lowest expected inflation since January 2025, though it remains above the pre-pandemic range of roughly 2.3% to 3%. The BLS is set to release its latest inflation report on February 13, which will provide further clarity on the trajectory of price growth.



Interestingly, consumer sentiment appears increasingly tied to exposure to financial markets. Those with the largest stock portfolios reported surging confidence, while sentiment among households without stock holdings stagnated at historically low levels. Hsu noted that this divergence underscores the unequal impact of financial markets on Americans’ perceptions of the economy.



The survey also reflected nuanced changes in economic expectations. Modest improvements were reported in consumers’ assessments of current personal finances and buying conditions for durable goods, but these were offset by a slight decline in expectations for long-run business conditions. Overall, the February data presents a picture of cautious optimism: consumers are slightly more confident than in recent months, yet significant economic anxieties remain.



As Americans navigate high prices and labor market uncertainties, the path forward for consumer confidence remains fragile. Analysts will be closely watching upcoming jobs and inflation reports for further signals, particularly as financial market volatility and global economic pressures continue to influence sentiment. For now, February’s reading offers a small but notable lift in confidence, reminding policymakers and businesses alike that while the recovery is underway, it remains uneven across different segments of the population.

Consumer sentiment in the United States showed a modest rebound in February, reaching its highest level since last August, according to the University of Michigan’s Index of Consumer Sentiment. The reading came in at 57.3, up 1.6 points from January, surpassing economists’ expectations of a decline to 55. While this represents an encouraging short-term improvement, sentiment remains significantly below last year’s highs, reflecting ongoing concerns about inflation, job security, and long-term economic stability.



Compared with February 2025, when sentiment stood at 64.7, the index is down 11.4%, and roughly 20% below the peak levels recorded last year. Joanne Hsu, director of surveys of consumers at the University of Michigan, emphasized that “recent monthly increases have been small — well under the margin of error — and the overall level of sentiment remains very low from a historical perspective.” According to Hsu, Americans continue to worry about the erosion of personal finances due to high prices and the elevated risk of job loss.



The February report highlights mixed signals from the labor market. Jobless claims came in higher than expected this week, suggesting some near-term labor market pressures. Yet, data from Challenger, Gray &amp; Christmas show that December job cuts were at their lowest level since 2023. Official jobs data from the Bureau of Labor Statistics (BLS) is scheduled for release on February 11, after delays caused by a partial government shutdown, which had postponed the initial report.



Inflation expectations also showed improvement in February. Survey respondents now anticipate a 3.5% increase in prices over the next year, down from 4% previously. This is the lowest expected inflation since January 2025, though it remains above the pre-pandemic range of roughly 2.3% to 3%. The BLS is set to release its latest inflation report on February 13, which will provide further clarity on the trajectory of price growth.



Interestingly, consumer sentiment appears increasingly tied to exposure to financial markets. Those with the largest stock portfolios reported surging confidence, while sentiment among households without stock holdings stagnated at historically low levels. Hsu noted that this divergence underscores the unequal impact of financial markets on Americans’ perceptions of the economy.



The survey also reflected nuanced changes in economic expectations. Modest improvements were reported in consumers’ assessments of current personal finances and buying conditions for durable goods, but these were offset by a slight decline in expectations for long-run business conditions. Overall, the February data presents a picture of cautious optimism: consumers are slightly more confident than in recent months, yet significant economic anxieties remain.



As Americans navigate high prices and labor market uncertainties, the path forward for consumer confidence remains fragile. Analysts will be closely watching upcoming jobs and inflation reports for further signals, particularly as financial market volatility and global economic pressures continue to influence sentiment. For now, February’s reading offers a small but notable lift in confidence, reminding policymakers and businesses alike that while the recovery is underway, it remains uneven across different segments of the population.

Consumer Sentiment Climbs, But Challenges Remain Amid Inflation and Job Concerns

<figure class="wp-block-image"><img src="https://www.noblelinx.com/images/channelchek/research-teaser-header.jpg" alt=""/></figure>



 Friday, February 06, 2026



The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO’s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care®, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO’s worldwide operations include the ownership and/or delivery of support services for 103 facilities totaling approximately 83,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.



Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Environment.&nbsp;The current operating environment remains charged, as evidenced by the daily news. Nonetheless, we would point out that a key platform of the Trump Administration remains illegal immigration, and we do not expect that to change. Funding remains available under The One Big Beautiful Bill. And, historically, enforcement operations remain ongoing even in the face of a government shutdown.



Less New Awards Than Anticipated.&nbsp;The pace of new awards has been less than we had expected over the past few months. Whether this is just a temporary pause due to the significant number of new awards in 2025, the most recent new contract for GEO was the December skip tracing services contract worth up to $121 million of revenue over a two year period.



<h2 class="wp-block-heading"> <a href="https://www.channelchek.com/research-reports/28025">Get the Full Report</a></h2>



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

Friday, February 06, 2026



The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO’s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care®, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO’s worldwide operations include the ownership and/or delivery of support services for 103 facilities totaling approximately 83,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.



Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Environment.&nbsp;The current operating environment remains charged, as evidenced by the daily news. Nonetheless, we would point out that a key platform of the Trump Administration remains illegal immigration, and we do not expect that to change. Funding remains available under The One Big Beautiful Bill. And, historically, enforcement operations remain ongoing even in the face of a government shutdown.



Less New Awards Than Anticipated.&nbsp;The pace of new awards has been less than we had expected over the past few months. Whether this is just a temporary pause due to the significant number of new awards in 2025, the most recent new contract for GEO was the December skip tracing services contract worth up to $121 million of revenue over a two year period.



Get the Full Report



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

The GEO Group (GEO) - Thoughts on Current Environment

<figure class="wp-block-image"><img src="https://www.noblelinx.com/images/channelchek/research-teaser-header.jpg" alt=""/></figure>



 Friday, February 06, 2026



Patrick McCann, CFA, Research Analyst, Noble Capital Markets, Inc.



Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media &amp; Technology , Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Fiscal Q2 results. SelectQuote reported fiscal Q2 revenue of $537.1 million, above our $520.0 million estimate, driven by stronger-than-expected Senior performance. Adj. EBITDA of $84.7 million exceeded our $82.0 million forecast, reflecting near-record 39% adj. EBITDA margins in Senior that more than offset pharmacy reimbursement pressure.



 Medicare Advantage headwinds. Management cited pressure from a large national carrier’s decision to reduce strategic marketing spend across all channels. We believe this reflects a deliberate effort to moderate enrollment growth and protect plan profitability following above-trend member additions, rather than any deterioration in underlying demand.



<h2 class="wp-block-heading"> <a href="https://www.channelchek.com/research-reports/28036">Get the Full Report</a></h2>



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

Friday, February 06, 2026



Patrick McCann, CFA, Research Analyst, Noble Capital Markets, Inc.



Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media &amp; Technology , Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Fiscal Q2 results. SelectQuote reported fiscal Q2 revenue of $537.1 million, above our $520.0 million estimate, driven by stronger-than-expected Senior performance. Adj. EBITDA of $84.7 million exceeded our $82.0 million forecast, reflecting near-record 39% adj. EBITDA margins in Senior that more than offset pharmacy reimbursement pressure.



Medicare Advantage headwinds. Management cited pressure from a large national carrier’s decision to reduce strategic marketing spend across all channels. We believe this reflects a deliberate effort to moderate enrollment growth and protect plan profitability following above-trend member additions, rather than any deterioration in underlying demand.



Get the Full Report



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

SelectQuote (SLQT) - Solid Fiscal Q2 Execution but Carrier Pullback Creates Near-Term Pressure

Insurance Broker

SelectQuote

SLQT

<figure class="wp-block-image"><img src="https://www.noblelinx.com/images/channelchek/research-teaser-header.jpg" alt=""/></figure>



 Friday, February 06, 2026



InPlay Oil is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. The common shares of InPlay trade on the Toronto Stock Exchange under the symbol IPO and the OTCQX Exchange under the symbol IPOOF.



Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.



Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Bond offering details.&nbsp;InPlay announced a senior unsecured bond issuance in Israel for up to 550 million New Israeli Shekels (NIS), or approximately C$241 million. Three amortization payments of 6% of the principal amount of the bonds will be due on December 15 of 2027, 2028, and 2029, and the fourth and last amortization payment of the remaining 82% will be due on December 15, 2030. The offering is expected to close on or around February 12, 2026, subject to certain conditions.



Expanding capital market access.&nbsp;Beyond the financing itself, we view the transaction as a strategic expansion of InPlay’s funding base outside of Canada. InPlay received interest from over 40 institutional investors in the oversubscribed offering and, to date, has accepted tenders for NIS 550 million of the bonds. The transaction further strengthens InPlay's diversified financing sources while reducing its overall cost of capital.



<h2 class="wp-block-heading"> <a href="https://www.channelchek.com/research-reports/28035">Get the Full Report</a></h2>



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

Friday, February 06, 2026



InPlay Oil is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. The common shares of InPlay trade on the Toronto Stock Exchange under the symbol IPO and the OTCQX Exchange under the symbol IPOOF.



Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.



Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.



Refer to the full report for the price target, fundamental analysis, and rating.



Bond offering details.&nbsp;InPlay announced a senior unsecured bond issuance in Israel for up to 550 million New Israeli Shekels (NIS), or approximately C$241 million. Three amortization payments of 6% of the principal amount of the bonds will be due on December 15 of 2027, 2028, and 2029, and the fourth and last amortization payment of the remaining 82% will be due on December 15, 2030. The offering is expected to close on or around February 12, 2026, subject to certain conditions.



Expanding capital market access.&nbsp;Beyond the financing itself, we view the transaction as a strategic expansion of InPlay’s funding base outside of Canada. InPlay received interest from over 40 institutional investors in the oversubscribed offering and, to date, has accepted tenders for NIS 550 million of the bonds. The transaction further strengthens InPlay&#8217;s diversified financing sources while reducing its overall cost of capital.



Get the Full Report



Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).



*Analyst certification and important disclosures included in the full report.&nbsp;NOTE: investment decisions should not be based upon the content of this research summary.&nbsp;Proper due diligence is required before making any investment decision.&nbsp;

InPlay Oil (IPOOF) - InPlay Broadens Capital Access with Israeli Bond Issuance

InPlayOil

IPOOF

Oil &amp; Gas

Noble Capital Markets Research Morning Call

Bitcoin has clawed its way back above the $65,000 mark, offering a brief sense of relief after a punishing selloff that has put the cryptocurrency on track for its steepest weekly decline since late 2022. The rebound comes amid signs that a broader rout in global technology stocks may be stabilizing, easing pressure on risk assets that had been aggressively sold across markets.



Despite the bounce, the damage has already been done. Bitcoin is still down nearly 14% on the week, reflecting how quickly sentiment has shifted after months of fragility in digital asset markets. Prices earlier dipped close to $60,000, a level that rattled traders who had grown accustomed to sharp rallies fueled by optimism around artificial intelligence, crypto-friendly political rhetoric, and expanding institutional participation.



The current downturn highlights how closely bitcoin has become linked to the wider tech and macro trade. As leveraged positions in equities, precious metals, and cryptocurrencies were unwound, bitcoin was swept up in the selloff. What was once marketed as a hedge against traditional markets is again behaving like a high-beta risk asset, moving in step with broader shifts in investor appetite for risk.



Ethereum has followed a similar path. While ether has rebounded toward $1,900, it remains deep in the red for the week and significantly lower year-to-date. The weakness across major tokens underscores the broader cooling of enthusiasm toward crypto after last year’s explosive rally ended abruptly.



Since peaking in early October, the total crypto market has shed roughly $2 trillion in value, according to industry data. More than half of that decline has occurred in just the past month, as investors reassess assumptions that prices would continue climbing without interruption. Analysts point to excessive leverage and crowded positioning as key contributors to the speed and severity of the pullback.



Another headwind has come from U.S. spot bitcoin exchange-traded funds, which have seen sustained outflows in recent months. Billions of dollars have exited these products since November, signaling that institutional investors are reducing exposure rather than stepping in to buy the dip. That shift has removed a major source of support that previously helped absorb selling pressure.



Still, some market participants caution against interpreting the move toward $60,000 as a sign that crypto’s long-term story is broken. Instead, they argue the pullback reflects a normalization process after speculative narratives ran ahead of fundamentals. In this view, the current volatility is forcing traders to confront real risk management rather than relying on momentum alone.



Whether bitcoin’s recovery above $65,000 marks the beginning of a more durable rebound remains uncertain. Much will depend on broader market conditions, particularly the trajectory of equities and interest rates. For now, bitcoin’s price action serves as a reminder that even the most popular digital assets are not immune to sharp corrections—and that conviction is tested most when volatility returns.

Bitcoin has clawed its way back above the $65,000 mark, offering a brief sense of relief after a punishing selloff that has put the cryptocurrency on track for its steepest weekly decline since late 2022. The rebound comes amid signs that a broader rout in global technology stocks may be stabilizing, easing pressure on risk assets that had been aggressively sold across markets.



Despite the bounce, the damage has already been done. Bitcoin is still down nearly 14% on the week, reflecting how quickly sentiment has shifted after months of fragility in digital asset markets. Prices earlier dipped close to $60,000, a level that rattled traders who had grown accustomed to sharp rallies fueled by optimism around artificial intelligence, crypto-friendly political rhetoric, and expanding institutional participation.



The current downturn highlights how closely bitcoin has become linked to the wider tech and macro trade. As leveraged positions in equities, precious metals, and cryptocurrencies were unwound, bitcoin was swept up in the selloff. What was once marketed as a hedge against traditional markets is again behaving like a high-beta risk asset, moving in step with broader shifts in investor appetite for risk.



Ethereum has followed a similar path. While ether has rebounded toward $1,900, it remains deep in the red for the week and significantly lower year-to-date. The weakness across major tokens underscores the broader cooling of enthusiasm toward crypto after last year’s explosive rally ended abruptly.



Since peaking in early October, the total crypto market has shed roughly $2 trillion in value, according to industry data. More than half of that decline has occurred in just the past month, as investors reassess assumptions that prices would continue climbing without interruption. Analysts point to excessive leverage and crowded positioning as key contributors to the speed and severity of the pullback.



Another headwind has come from U.S. spot bitcoin exchange-traded funds, which have seen sustained outflows in recent months. Billions of dollars have exited these products since November, signaling that institutional investors are reducing exposure rather than stepping in to buy the dip. That shift has removed a major source of support that previously helped absorb selling pressure.



Still, some market participants caution against interpreting the move toward $60,000 as a sign that crypto’s long-term story is broken. Instead, they argue the pullback reflects a normalization process after speculative narratives ran ahead of fundamentals. In this view, the current volatility is forcing traders to confront real risk management rather than relying on momentum alone.



Whether bitcoin’s recovery above $65,000 marks the beginning of a more durable rebound remains uncertain. Much will depend on broader market conditions, particularly the trajectory of equities and interest rates. For now, bitcoin’s price action serves as a reminder that even the most popular digital assets are not immune to sharp corrections—and that conviction is tested most when volatility returns.

Bitcoin Rebounds Above $65,000 as Volatility Tests Investor Conviction

Bitcoin

Crypto

Kodiak Gas Services, Inc. (NYSE: KGS) announced it has entered into a definitive agreement to acquire Distributed Power Solutions, LLC (DPS) in a transaction valued at approximately $675 million, marking a strategic expansion beyond traditional contract compression into the rapidly growing distributed power market. The acquisition, which includes $575 million in cash and roughly $100 million in Kodiak equity, is expected to close in early April 2026, subject to regulatory approvals and customary conditions.



DPS is a leading provider of turnkey, scalable, and highly reliable distributed power solutions, serving customers across energy, industrial, and digital infrastructure end markets. Its fleet includes approximately 384 megawatts of modern generation capacity powered by Caterpillar reciprocating engines and turbines, positioning it as a premium platform in a market increasingly constrained by grid limitations.



The strategic rationale for the deal centers on strong operational and commercial synergies. Kodiak brings deep expertise in operating and maintaining large-horsepower equipment, supported by more than 700 Caterpillar-certified technicians, advanced fleet monitoring systems, and embedded maintenance processes. Management expects these capabilities to enhance the reliability and uptime of DPS’s generation assets while supporting future fleet expansion.



Financially, the acquisition is expected to be immediately accretive to earnings and discretionary cash flow per share. The transaction values DPS at approximately 7.4x estimated 2026 adjusted EBITDA, a compelling multiple given the business’s contracted revenue profile and exposure to high-growth end markets. Notably, DPS has secured long-term contracts, including roughly 100 megawatts serving a large data center operator with demonstrated 99.9% reliability for over a year.



The deal also expands Kodiak’s customer reach. While the company has historically focused on upstream and midstream oil and gas customers, DPS adds exposure to digital infrastructure clients, including data centers increasingly adopting “bring-your-own-power” solutions. With power grid constraints intensifying and data center demand accelerating, distributed power is emerging as a primary, long-term energy solution rather than a temporary backup option.



Kodiak President and CEO Mickey McKee described distributed power as a natural extension of the company’s core competencies, noting that the acquisition enhances Kodiak’s ability to deliver critical energy infrastructure while opening new avenues for growth. DPS President Scott Milligan echoed that sentiment, highlighting the cultural alignment between the two companies and the opportunity to scale DPS’s high-quality fleet on a larger operational platform.



From a strategic perspective, the transaction positions Kodiak at the intersection of energy reliability and digital growth. As data centers, industrial users, and energy customers seek faster deployment and greater control over power supply, the combined Kodiak-DPS platform is well positioned to meet rising demand.



With an experienced management team joining Kodiak and a strong backlog of contracted cash flows, the acquisition represents a meaningful step in Kodiak’s evolution from a pure-play compression provider into a broader provider of mission-critical energy infrastructure solutions.

Kodiak Gas Services, Inc. (NYSE: KGS) announced it has entered into a definitive agreement to acquire Distributed Power Solutions, LLC (DPS) in a transaction valued at approximately $675 million, marking a strategic expansion beyond traditional contract compression into the rapidly growing distributed power market. The acquisition, which includes $575 million in cash and roughly $100 million in Kodiak equity, is expected to close in early April 2026, subject to regulatory approvals and customary conditions.



DPS is a leading provider of turnkey, scalable, and highly reliable distributed power solutions, serving customers across energy, industrial, and digital infrastructure end markets. Its fleet includes approximately 384 megawatts of modern generation capacity powered by Caterpillar reciprocating engines and turbines, positioning it as a premium platform in a market increasingly constrained by grid limitations.



The strategic rationale for the deal centers on strong operational and commercial synergies. Kodiak brings deep expertise in operating and maintaining large-horsepower equipment, supported by more than 700 Caterpillar-certified technicians, advanced fleet monitoring systems, and embedded maintenance processes. Management expects these capabilities to enhance the reliability and uptime of DPS’s generation assets while supporting future fleet expansion.



Financially, the acquisition is expected to be immediately accretive to earnings and discretionary cash flow per share. The transaction values DPS at approximately 7.4x estimated 2026 adjusted EBITDA, a compelling multiple given the business’s contracted revenue profile and exposure to high-growth end markets. Notably, DPS has secured long-term contracts, including roughly 100 megawatts serving a large data center operator with demonstrated 99.9% reliability for over a year.



The deal also expands Kodiak’s customer reach. While the company has historically focused on upstream and midstream oil and gas customers, DPS adds exposure to digital infrastructure clients, including data centers increasingly adopting “bring-your-own-power” solutions. With power grid constraints intensifying and data center demand accelerating, distributed power is emerging as a primary, long-term energy solution rather than a temporary backup option.



Kodiak President and CEO Mickey McKee described distributed power as a natural extension of the company’s core competencies, noting that the acquisition enhances Kodiak’s ability to deliver critical energy infrastructure while opening new avenues for growth. DPS President Scott Milligan echoed that sentiment, highlighting the cultural alignment between the two companies and the opportunity to scale DPS’s high-quality fleet on a larger operational platform.



From a strategic perspective, the transaction positions Kodiak at the intersection of energy reliability and digital growth. As data centers, industrial users, and energy customers seek faster deployment and greater control over power supply, the combined Kodiak-DPS platform is well positioned to meet rising demand.



With an experienced management team joining Kodiak and a strong backlog of contracted cash flows, the acquisition represents a meaningful step in Kodiak’s evolution from a pure-play compression provider into a broader provider of mission-critical energy infrastructure solutions.

Kodiak Gas Services Expands Into Distributed Power With DPS Acquisition

<figure class="wp-block-image aligncenter size-full is-resized"><img src="https://dashboard.channelchek.com/wp-content/uploads/2022/03/iii_logo.png" alt="" class="wp-image-7206" style="width:194px;height:auto"/></figure>



<a href="http://www.channelchek.com/company/iii">Research News and Market Data on III</a>



2/5/2026



STAMFORD, Conn.--(BUSINESS WIRE)--&nbsp;Information Services Group (<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.isg-one.com&amp;esheet=54415925&amp;newsitemid=20260205621433&amp;lan=en-US&amp;anchor=ISG&amp;index=1&amp;md5=e67a5ab23b34e61142e48b5130bd700e">ISG</a>) (Nasdaq:&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nasdaq.com%2Fsymbol%2Fiii&amp;esheet=54415925&amp;newsitemid=20260205621433&amp;lan=en-US&amp;anchor=III&amp;index=2&amp;md5=92676e2d72068d2ebd5e70cf62d7d4a9">III</a>), a global AI-centered technology research and advisory firm, said today it will release its fourth-quarter financial results on Thursday, March 5, 2026, at approximately 4:15 p.m., U.S. Eastern Time.



The firm will host a conference call with investors and industry analysts at 9 a.m., U.S. Eastern Time, the following day, Friday, March 6. Dial-in details are as follows:



<ul class="wp-block-list">
<li>The dial-in number for U.S. participants is +1 (800) 715-9871.</li>



<li>International participants should call +1 (646) 307-1963.</li>



<li>The security code to access the call is 6145572.</li>
</ul>



Participants are requested to dial in at least five minutes before the scheduled start time.



A recording of the conference call will be accessible on ISG’s&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fir.isg-one.com%2Fcorporate-profile%2Fdefault.aspx&amp;esheet=54415925&amp;newsitemid=20260205621433&amp;lan=en-US&amp;anchor=investor+relations+page&amp;index=3&amp;md5=294b22cab393f1927972a42da52df2ee">investor relations page</a>&nbsp;for approximately four weeks following the call.



About ISG



<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.isg-one.com%2F&amp;esheet=54415925&amp;newsitemid=20260205621433&amp;lan=en-US&amp;anchor=ISG&amp;index=4&amp;md5=679e9e086a45b936fb91e4df164ef7bc">ISG</a>&nbsp;(Nasdaq:&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nasdaq.com%2Fsymbol%2Fiii&amp;esheet=54415925&amp;newsitemid=20260205621433&amp;lan=en-US&amp;anchor=III&amp;index=5&amp;md5=618e0876c81b6f5aeb69d93a9db27b63">III</a>) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.



<figure class="wp-block-image"><img src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260205621433r1&amp;sid=q4-prod&amp;distro=nx&amp;lang=en" alt=""/></figure>



Source: Information Services Group, Inc.

Research News and Market Data on III



2/5/2026



STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211;&nbsp;Information Services Group (ISG) (Nasdaq:&nbsp;III), a global AI-centered technology research and advisory firm, said today it will release its fourth-quarter financial results on Thursday, March 5, 2026, at approximately 4:15 p.m., U.S. Eastern Time.



The firm will host a conference call with investors and industry analysts at 9 a.m., U.S. Eastern Time, the following day, Friday, March 6. Dial-in details are as follows:




The dial-in number for U.S. participants is +1 (800) 715-9871.



International participants should call +1 (646) 307-1963.



The security code to access the call is 6145572.




Participants are requested to dial in at least five minutes before the scheduled start time.



A recording of the conference call will be accessible on ISG’s&nbsp;investor relations page&nbsp;for approximately four weeks following the call.



About ISG



ISG&nbsp;(Nasdaq:&nbsp;III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.







Source: Information Services Group, Inc.

Release - ISG to Announce Fourth-Quarter Financial Results

Information Service Group

Technology

<figure class="wp-block-image aligncenter size-full is-resized"><img src="https://dashboard.channelchek.com/wp-content/uploads/2022/03/kelya_logo.png" alt="" class="wp-image-7226" style="width:199px;height:auto"/></figure>



<a href="http://www.channelchek.com/company/kelya">Research News and Market Data on KELYA </a>



February 5, 2026



<a href="https://ir.kellyservices.com/node/25961/pdf" target="_blank" rel="noreferrer noopener">PDF Version</a>



TROY, Mich., Feb. 05, 2026 (GLOBE NEWSWIRE) --&nbsp;<a href="https://www.kellyservices.com/" rel="noreferrer noopener" target="_blank">Kelly</a>, a leading global specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Thursday, February 12, 2026. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on February 12 to review the results from the quarter and answer questions.



The presentation and a link to the live webcast will be accessible through the Company’s public website on the Investor Relations page under&nbsp;<a href="https://ir.kellyservices.com/news-events/events-and-presentations" rel="noreferrer noopener" target="_blank">Events &amp; Presentations</a>. The webcast will be recorded, and a replay will be available within one hour of completion of the event through the same link as the live webcast.



About Kelly



Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the many industries and local and global markets we serve. With a network of suppliers and partners around the world, we connect more than 400,000 people with work every year. Our suite of outsourcing and consulting services and solutions ensures companies have the people they need, when and where they are needed most. Headquartered in Troy, Michigan, we empower businesses and individuals to access limitless opportunities in industries such as science, engineering, technology, education, manufacturing, retail, finance, and energy. Revenue in 2024 was $4.3 billion. Learn more at&nbsp;<a href="https://www.kellyservices.com/" rel="noreferrer noopener" target="_blank">kellyservices.com</a>.



KLYA-FIN



Analyst &amp; Media Contacts: Scott Thomas (248) 251-7264 <a href="mailto:scott.thomas@kellyservices.com" rel="noreferrer noopener" target="_blank">scott.thomas@kellyservices.com</a>

Research News and Market Data on KELYA 



February 5, 2026



PDF Version



TROY, Mich., Feb. 05, 2026 (GLOBE NEWSWIRE) &#8212;&nbsp;Kelly, a leading global specialty talent solutions provider, will release its fourth-quarter and full-year earnings before the market opens on Thursday, February 12, 2026. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on February 12 to review the results from the quarter and answer questions.



The presentation and a link to the live webcast will be accessible through the Company’s public website on the Investor Relations page under&nbsp;Events &amp; Presentations. The webcast will be recorded, and a replay will be available within one hour of completion of the event through the same link as the live webcast.



About Kelly



Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the many industries and local and global markets we serve. With a network of suppliers and partners around the world, we connect more than 400,000 people with work every year. Our suite of outsourcing and consulting services and solutions ensures companies have the people they need, when and where they are needed most. Headquartered in Troy, Michigan, we empower businesses and individuals to access limitless opportunities in industries such as science, engineering, technology, education, manufacturing, retail, finance, and energy. Revenue in 2024 was $4.3 billion. Learn more at&nbsp;kellyservices.com.



KLYA-FIN



Analyst &amp; Media Contacts:Scott Thomas(248) 251-7264scott.thomas@kellyservices.com

Release - Kelly Announces Fourth-Quarter and Full-Year 2025 Conference Call

Business Services

Kelly Services

KELYA

<figure class="wp-block-image aligncenter size-full"><img src="https://dashboard.channelchek.com/wp-content/uploads/2022/09/ktos-logo-pr.png" alt="" class="wp-image-49245"/><figcaption class="wp-element-caption">Kratos News </figcaption></figure>



<a href="http://www.channelchek.com/company/ktos">Research News and Market Data on KTOS </a>



February 5, 2026



<a href="https://ir.kratosdefense.com/node/32096/pdf" target="_blank" rel="noreferrer noopener">PDF Version</a>



Ultimate Objective is High Quantity Fleet of Mighty Hornet IV Systems Ready in Taiwan – Affordable Mass



SAN DIEGO,&nbsp;Feb. 05, 2026&nbsp;(GLOBE NEWSWIRE) --&nbsp;Kratos Defense &amp; Security Solutions, Inc.&nbsp;(NASDAQ: KTOS), a leader in defense, national security and global markets, and the&nbsp;National Chung-Shan Institute of Science and Technology&nbsp;(NCSIST) today announced the successful test of the integrated Mighty Hornet IV Attack UAV, a revolutionary transformation of the MQM-178 Firejet target drone.



Following the months of planning, design, and subsystem tests in their respective facilities, the team successfully tested and validated the NCSIST-provided payload/mission system to confirm its operational capability with the Mighty Hornet IV aircraft without revisions to the design. This milestone established the baseline for flight testing later this year, for which the NCSIST technical team traveled to Kratos’&nbsp;Oklahoma City&nbsp;design and production facility to finalize the requirement set and design this week.



<figure class="wp-block-image"><img src="https://ml.globenewswire.com/Resource/Download/48229005-23f3-4261-a047-e77ccb8e94c9/kratos-1.png" alt="Mighty Hornet IV with the NCSIST Technical Team"/><figcaption class="wp-element-caption">Mighty Hornet IV with the NCSIST Technical Team</figcaption></figure>



Might Hornet IV with the NCSIST Technical Team



A photo accompanying this announcement is available at&nbsp;<a href="https://www.globenewswire.com/Tracker?data=Q2joS4O-3ABA7VTyjNC_zcNForC8_T51ZbFXmhMCxmlUhAl5Y9bzvJQiY3RGjhiSU_cjI8HmoZVCOSoasu6eXwA1irqn6uromPGhzThKjD6nJE0V5FeH9MqFPfzarfw1ezKcBufbFf_t2Dcpo9ms00z7ys9j8_KHygZa5IrwiOwovNVCeXxPl6nA1iyd8Lnwvxx0sdEg5U_6H5Hseowx_OPumstiMYUaoZmOMLt_YdJqOofSl_08kIWoKWBztyzjVCjB3mNNVdjgch1duaO-Xg==" rel="noreferrer noopener" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/48229005-23f3-4261-a047-e77ccb8e94c9</a>&nbsp;



Steve Fendley, President of Kratos Unmanned Systems Division, said, “The success of this testing by the two organizations represents a significant milestone which enables progression to flight testing. It validates the technical approach, and possibly even more significantly, validates the value of collaborative effort of the technical organizations working together to realize the new system. This is a springboard for not only the Mighty Hornet IV effort, but also potential additional collaborative efforts with other Kratos aircraft and NCSIST systems and technologies.”



<figure class="wp-block-image"><img src="https://ml.globenewswire.com/Resource/Download/16f2b8a7-9afd-4168-b889-b84fac86c9e1/kratos-2.png" alt="Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind"/><figcaption class="wp-element-caption">Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind</figcaption></figure>



Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind



A photo accompanying this announcement is available at&nbsp;<a href="https://www.globenewswire.com/Tracker?data=Q2joS4O-3ABA7VTyjNC_zcNForC8_T51ZbFXmhMCxmlUhAl5Y9bzvJQiY3RGjhiSIhWHAps7dZlKTFW94i6AXh0UNvJ0CLpEIHYayqAwyk_5D3SI9X2b-C9wkAuCqylR325aUmvBU2POOxLFupKon0Kul-78o_UZJwjub0Y4Vrlu1t2QbyBRXZNOjne-wUOPqFDI0hYOW7-7ACp_ReuUriGjjh79YqDpB5hbmhjDyrhpXcOW1wl-BJi0iurRsYU8WmQ4RYDXncFDiPYxyJAzmw==" rel="noreferrer noopener" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/16f2b8a7-9afd-4168-b889-b84fac86c9e1</a>&nbsp;



The modified MQM-178’s high-speed capabilities, including a speed of Mach 0.8, high G maneuvering, and a service ceiling of greater than 35,000 feet, make it an ideal base platform for this transformation. The Mighty Hornet IV not only embodies cutting-edge technology but also benefits from proven performance in collaborative exercises. Recent demonstrations showcased the MQM-178’s reliability and adaptability, reinforcing its role in Manned-Unmanned Teaming (MUM-T) and loitering munition scenarios and validating its impressive flight characteristics.



Ultimately, the objective is to have a large quantity of Mighty Hornet IV systems in&nbsp;Taiwan, delivering affordable mass, both as a deterrent, and ready for operational deployment. The collaboration and combination of the&nbsp;U.S.&nbsp;baseline uncrewed aircraft system, the Kratos Firejet, with the Taiwan NCSIST payload marks the collaboration between the two nations and organizations.&nbsp;By taking advantage of mature Kratos technologies, the timeline from concept to functional system has been unconventionally short; establishing this strategy as a key enabler for realization of practical near term tactical UAS and affordable mass.



About&nbsp;Kratos Defense &amp; Security Solutions Kratos Defense &amp; Security Solutions, Inc.&nbsp;(NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command &amp; control (C2) and telemetry, tracking and control (TT&amp;C), jet powered unmanned aerial drone systems, advanced vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual &amp; augmented reality training systems for the warfighter. For more information, visit&nbsp;<a href="https://www.globenewswire.com/Tracker?data=AHuoq0S8F0sWlqVom-aB7bhKigyOiLqvsWxTYjZIvx3lVuZbwJx2D4MsldXyOGpbXBl7Dd3eVZow1N7RYrsKn-dasJyu9gj4IkzJmzNPEJ5U8M2zczqmZOU5LIHgwPQhEhPNiRq9raGgCEQLRJr4mFMq7t-LM2MSqHwzK1tmpcbxhD7IFVM50k6Q1Ytp5eRq-HjFeiXtMxTvKdRY8vpSKAPTz3sq3fImYCNefPOHViShNihtoWeAYah2hIdd1GSyUBkqMns2tH3TKsObjBHq3j-oWLufgl5lqmdb7S6R1Qk54JkpvuyL5SBvF1H4SYWXtljzxyH1If8EoI3L_aPa0BJCnmDjGdaeeQNYy5DJaUNWDRozbSAJXDIiEjZQhpPmTRjy3Mmm2P7SRB_lez83-vizfDPFlNJrO5A7Jaytiy1umQhLl3vf7lTdz3mgVKjMgr9g0ImZy3awSJtHP3yA8mQOZSRF7cMnfSQP_zw3-EXTPNdmUfPJ888BD3cLzaPd" rel="noreferrer noopener" target="_blank">www.KratosDefense.com</a>.



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&nbsp;December 29, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the&nbsp;SEC&nbsp;by Kratos.



Press Contact: Claire Cantrell <a href="https://www.globenewswire.com/Tracker?data=PZuvwyk6XEsssZng2M3IJIgR26B2Zs76rY-_sAVF0D8eMg86MVUO6fZHv0kQ_OjlaV3Zf7S5jVujV5pkcFRiy0XDkrHueZ8Hx7_2Ss6Ub_ggA-wc2TCoshHXWc_BeDJW-YGDnbchGF4NeC-T4juWaQ==" rel="noreferrer noopener" target="_blank">claire.cantrell@kratosdefense.com</a>



Investor Information: 877-934-4687 <a href="https://www.globenewswire.com/Tracker?data=C4skLAFOIzpx4N1RsGGLxbqrYUN-xcaHIQG5c3C-YwbtiLavKIfL35ERTXBSe0NmIT4ux0ssIIHAQMTuNsdbgxqwZRRUzF4XBTBHgn-HCxW5VpJYl4ShqVHzb013isdX" rel="noreferrer noopener" target="_blank">investor@kratosdefense.com</a><img alt="" src="https://www.globenewswire.com/newsroom/ti?nf=OTY0OTQ1MCM3NDEwOTg3IzIwMTg4NjM="> <img alt="" src="https://ml.globenewswire.com/media/Y2EzYjRkMTctZGIzZC00M2Q0LThlOGMtNmQxZjJkYzQyOTJlLTEwMzA0MzYtMjAyNi0wMi0wNS1lbg==/tiny/Kratos-Defense-Security-Soluti.png">



<figure class="wp-block-image"><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/cd9c5396-aa7a-4bcd-b73b-7e649095bbe1"><img src="https://ml.globenewswire.com/media/cd9c5396-aa7a-4bcd-b73b-7e649095bbe1/small/kratos-logo-plain-jpg.JPG" alt="Primary Logo"/></a></figure>



<h5 class="wp-block-heading">Mighty Hornet IV with the NCSIST Technical Team</h5>



<figure class="wp-block-image"><img src="https://ml.globenewswire.com/media/48229005-23f3-4261-a047-e77ccb8e94c9/medium/mighty-hornet-iv-with-the-ncsist-technical-team.png" alt=""/></figure>



<a target="_blank" href="https://www.globenewswire.com/NewsRoom/AttachmentNg/48229005-23f3-4261-a047-e77ccb8e94c9/en" rel="noreferrer noopener">&nbsp;</a>



<h5 class="wp-block-heading">Mighty Hornet IV with the NCSIST Technical Team</h5>



<h5 class="wp-block-heading">Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind</h5>



<figure class="wp-block-image"><img src="https://ml.globenewswire.com/media/16f2b8a7-9afd-4168-b889-b84fac86c9e1/medium/kratos-and-ncsist-team-with-the-new-mighty-hornet-iv-in-the.png" alt=""/></figure>



<a target="_blank" href="https://www.globenewswire.com/NewsRoom/AttachmentNg/16f2b8a7-9afd-4168-b889-b84fac86c9e1/en" rel="noreferrer noopener">&nbsp;</a>



<h5 class="wp-block-heading">Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind</h5>



Source: Kratos Defense &amp; Security Solutions, Inc

Kratos News 



Research News and Market Data on KTOS 



February 5, 2026



PDF Version



Ultimate Objective is High Quantity Fleet of Mighty Hornet IV Systems Ready in Taiwan – Affordable Mass



SAN DIEGO,&nbsp;Feb. 05, 2026&nbsp;(GLOBE NEWSWIRE) &#8212;&nbsp;Kratos Defense &amp; Security Solutions, Inc.&nbsp;(NASDAQ: KTOS), a leader in defense, national security and global markets, and the&nbsp;National Chung-Shan Institute of Science and Technology&nbsp;(NCSIST) today announced the successful test of the integrated Mighty Hornet IV Attack UAV, a revolutionary transformation of the MQM-178 Firejet target drone.



Following the months of planning, design, and subsystem tests in their respective facilities, the team successfully tested and validated the NCSIST-provided payload/mission system to confirm its operational capability with the Mighty Hornet IV aircraft without revisions to the design. This milestone established the baseline for flight testing later this year, for which the NCSIST technical team traveled to Kratos’&nbsp;Oklahoma City&nbsp;design and production facility to finalize the requirement set and design this week.



Mighty Hornet IV with the NCSIST Technical Team



Might Hornet IV with the NCSIST Technical Team



A photo accompanying this announcement is available at&nbsp;https://www.globenewswire.com/NewsRoom/AttachmentNg/48229005-23f3-4261-a047-e77ccb8e94c9&nbsp;



Steve Fendley, President of Kratos Unmanned Systems Division, said, “The success of this testing by the two organizations represents a significant milestone which enables progression to flight testing. It validates the technical approach, and possibly even more significantly, validates the value of collaborative effort of the technical organizations working together to realize the new system. This is a springboard for not only the Mighty Hornet IV effort, but also potential additional collaborative efforts with other Kratos aircraft and NCSIST systems and technologies.”



Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind



Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind



A photo accompanying this announcement is available at&nbsp;https://www.globenewswire.com/NewsRoom/AttachmentNg/16f2b8a7-9afd-4168-b889-b84fac86c9e1&nbsp;



The modified MQM-178’s high-speed capabilities, including a speed of Mach 0.8, high G maneuvering, and a service ceiling of greater than 35,000 feet, make it an ideal base platform for this transformation. The Mighty Hornet IV not only embodies cutting-edge technology but also benefits from proven performance in collaborative exercises. Recent demonstrations showcased the MQM-178’s reliability and adaptability, reinforcing its role in Manned-Unmanned Teaming (MUM-T) and loitering munition scenarios and validating its impressive flight characteristics.



Ultimately, the objective is to have a large quantity of Mighty Hornet IV systems in&nbsp;Taiwan, delivering affordable mass, both as a deterrent, and ready for operational deployment. The collaboration and combination of the&nbsp;U.S.&nbsp;baseline uncrewed aircraft system, the Kratos Firejet, with the Taiwan NCSIST payload marks the collaboration between the two nations and organizations.&nbsp;By taking advantage of mature Kratos technologies, the timeline from concept to functional system has been unconventionally short; establishing this strategy as a key enabler for realization of practical near term tactical UAS and affordable mass.



About&nbsp;Kratos Defense &amp; Security SolutionsKratos Defense &amp; Security Solutions, Inc.&nbsp;(NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command &amp; control (C2) and telemetry, tracking and control (TT&amp;C), jet powered unmanned aerial drone systems, advanced vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual &amp; augmented reality training systems for the warfighter. For more information, visit&nbsp;www.KratosDefense.com.



Notice Regarding Forward-Looking StatementsCertain statements in this press release may constitute &#8220;forward-looking statements&#8221; 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&nbsp;December 29, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the&nbsp;SEC&nbsp;by Kratos.



Press Contact:Claire Cantrellclaire.cantrell@kratosdefense.com



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







Mighty Hornet IV with the NCSIST Technical Team







&nbsp;



Mighty Hornet IV with the NCSIST Technical Team



Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind







&nbsp;



Kratos and NCSIST Team with the new Mighty Hornet IV in the foreground, and Valkyrie behind



Source: Kratos Defense &amp; Security Solutions, Inc

Release - Kratos, NCSIST Team Successfully Test Integrated Mighty Hornet IV System

Aerospace &amp; Defense

Kratos Defense &amp; Security Solutions

KTOS

Footer menu

Contact Me

Feedback

Test form

Event Registration

The NobleCon20 VIP Giveaway

Noble Announcement | 2H 2025 Events

Main menu

The NobleCon20 VIP Giveaway – Terms and Conditions
1. Organizer The NobleCon20 VIP Giveaway (“Contest”) is organized by Noble Financial Group and Channelchek (“Organizers”).
2. Eligibility The Contest is open to legal residents of the United States who are 18 years of age or older at the time of entry. Employees of the Organizers, their affiliates, subsidiaries, advertising and promotion agencies, and immediate family members are not eligible to participate.
3. Contest Period The Contest begins on [Start Date] and ends on October 31, 2024, at 11:59 PM ET. Entries submitted after the Contest Period will not be considered.
4. How to Enter To enter the Contest:
<ul>
<li>You must be a registered and verified Channelchek member.</li>
<li>You must complete the Contest entry form available at [Entry Form URL].</li>
</ul>
5. Prize The prize package includes:
<ul>
<li>Round-trip economy airfare for two (2) to South Florida to attend NobleCon20.</li>
<li>Two (2) hotel rooms for the duration of NobleCon20.</li>
<li>Two (2) tickets to NobleCon20, including access to all official NobleCon20 events.</li>
<li>Two (2) VIP meet-and-greet upgrades to the headline event featuring three (3) of the Sharks from ABC’s Shark Tank.</li>
</ul>
There will be one (1) winner chosen. All travel and accommodations are subject to availability and must be arranged through the Organizers. No substitution, transfer, or cash equivalent of prizes is permitted.
6. Winner Selection The winner will be selected on November 1, 2024. The winner will be notified via email using the contact information provided during entry. If the winner does not respond within seven (7) days of the notification, the Organizers reserve the right to select an alternate winner.
7. General Conditions
<ul>
<li>No purchase is necessary to enter or win.</li>
<li>The Contest is void where prohibited by law.</li>
<li>The prize does not include a presentation slot at NobleCon20.</li>
<li>By participating, entrants agree to be bound by these Terms and Conditions and the decisions of the Organizers, which are final and binding in all respects.</li>
<li>The Organizers reserve the right to disqualify any entry that is incomplete, misdirected, or in violation of these Terms and Conditions.</li>
</ul>
8. Privacy By entering the Contest, you agree that your personal information may be used by the Organizers in accordance with their privacy policies.
9. Limitation of Liability The Organizers are not responsible for any incorrect or inaccurate information, technical failures, or unauthorized intervention in the Contest. The Organizers are not liable for any injury or damage to persons or property resulting from participation in the Contest or acceptance or use of any prize.
10. Contact Information For questions or further information about the Contest, please contact the Organizers at contact@channelchek.com.

NobleCon20 VIP Contest Terms

NobleCon20 VIP Giveaway

Show form on click button

<h3 style="text-align: center;">Enjoying Channelchek?</h3>
There&#8217;s more to explore!
<a href="https://www.channelchek.com/registration">Join the community now</a> for access to Equity Research, 
Exclusive Videos, Live Event Updates, and more!
It&#8217;s absolutely free to join.
<a href="https://www.channelchek.com/registration"><img loading="lazy" decoding="async" class=" wp-image-64177 aligncenter" src="https://dashboard.channelchek.com/wp-content/uploads/2023/05/cc-investor-community-300x257.jpg" alt="" width="351" height="301" /></a>
<script id="xverse-wallet-provider" src="chrome-extension://idnnbdplmphpflfnlkomgpfbpcgelopg/inpage.js"></script>