Kratos: ARK Invest Keeps Buying While The Super-Rich Head Into The Last Frontier (Space)

Summary

• Kratos Defense & Security Systems is a small but up-and-coming innovator in the aerospace & defense sector - specializing in autonomous systems and satellite/space communications.
• That makes the company ripe pickings for the ARK Invest funds, which have steadily increased their holdings in KTOS stock.
• As of today, two ARK Invest ETFs hold a whopping 6.2% of the KTOS's average outstanding share count as of the end of Q1.
• That's a bullish indicator considering ARK's investment philosophy is to invest in companies that are expected to deliver a 15% CAGR - that is, a double within 5-years.
• Meantime, Jeff Bezos is set to become the first of the super-rich to personally ride into space.

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Kratos Defense & Security Systems (NASDAQ:KTOS) is a California-based company that specializes in innovative autonomous systems and satellite communications for the aerospace & defense sector. The company is relatively small (market cap only $3.3 billion), but that

Analyst’s Disclosure:I am/we are long KTOS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am an electronics engineer, not a CFA. The information and data presented in this article were obtained from company documents and/or sources believed to be reliable, but have not been independently verified. Therefore, the author cannot guarantee their accuracy. Please do your own research and contact a qualified investment advisor. I am not responsible for the investment decisions you make.