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Business/Financial

Kratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers

By Cal Biesecker

Wednesday, February 26th, 2025

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Kratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers

A large solid rocket motor built by L3Harris lifts the Kratos' Zeus rocket system from Wallops Island facility during first successful flight. in 2024. Photo: Kratos

Kratos Defense & Security Solutions [KTOS] and Israel’s RAFAEL Defense Systems on Wednesday said they have formed a joint venture to become a U.S.-based merchant supplier of solid rocket motors (SRMs), joining a crowding field of legacy and startups vying to meet Defense Department demand that exceeds current supply. Prometheus Energetics, an “approximate 50-50” partnership, will be based on a 500-acre site near a Navy and Army facility in Crane, Ind. The companies are contributing a combined $175 million to…

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