Defense

Focus Graphite’s Lac Knife graphite was successfully tested in Pluto Aerospace’s Dash 1 Flight 003 rocket launch, reaching over 45,000 feet. The graphite nozzle components withstood temperatures exceeding 3,000°C. This marks Focus Graphite’s entry into aerospace and defense applications. Future tests are planned for graphene-based coatings for icephobic and radar suppression on rockets and UAVs. The project involved collaboration with American Energy Technologies Company, Pluto Aerospace, and ACP Technologies, utilizing North American materials. This positions Focus Graphite as a potential supplier for critical military applications.

Kratos Defense & Security Solutions announced a public offering of 12,987,013 shares at $38.50, raising approximately $483.75 million. Closing on June 27, 2025, the proceeds will fund program scaling, new awards, acquisitions, and debt reduction, bolstering Kratos’ position in defense and national security. The offering is managed by Baird, RBC Capital Markets, Truist Securities, and Raymond James, supporting Kratos’ advanced technology development.