Latest news with #Karman
Yahoo
2 days ago
- Business
- Yahoo
Karman Space & Defense to Present at the William Blair 45th Annual Growth Stock Conference
HUNTINGTON BEACH, Calif., May 30, 2025--(BUSINESS WIRE)--Karman Space & Defense ("Karman", "Karman Holdings, Inc." or "the Company") (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, today announced that its Chief Executive Officer, Tony Koblinski, and Chief Financial Officer, Mike Willis, will present at the William Blair 45th Annual Growth Stock Conference on Thursday, June 5 at 11:20 a.m. Central Time. Conference Presentation Details: Date: Thursday, June 5, 2025Time: 11:20 a.m. CT (12:20 p.m. ET)Webcast link: The audio portion of Karman's presentation will be broadcast live, and a replay will be available for six months at the link above, and on the investor relations section of the company's investor website at ABOUT KARMAN SPACE & DEFENSE We specialize in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors. Our core technology offerings include propulsion, deployable shrouds, launchers, and energetic subsystems. Customers choose our advanced solutions to deliver mission success across a diverse set of existing and emerging programs supporting high-priority defense and commercial space sector initiatives. For more information, visit For additional media and information, please follow us LinkedIn X Instagram YouTube View source version on Contacts Investor inquiries:Steven Gitlininvestors@ Media inquiries:press@ Sign in to access your portfolio
Business Wire
2 days ago
- Business
- Business Wire
Karman Space & Defense to Present at the William Blair 45th Annual Growth Stock Conference
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)-- Karman Space & Defense ('Karman', 'Karman Holdings, Inc.' or 'the Company') (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, today announced that its Chief Executive Officer, Tony Koblinski, and Chief Financial Officer, Mike Willis, will present at the William Blair 45 th Annual Growth Stock Conference on Thursday, June 5 at 11:20 a.m. Central Time. Conference Presentation Details: Time: 11:20 a.m. CT (12:20 p.m. ET) Webcast link: The audio portion of Karman's presentation will be broadcast live, and a replay will be available for six months at the link above, and on the investor relations section of the company's investor website at ABOUT KARMAN SPACE & DEFENSE We specialize in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors. Our core technology offerings include propulsion, deployable shrouds, launchers, and energetic subsystems. Customers choose our advanced solutions to deliver mission success across a diverse set of existing and emerging programs supporting high-priority defense and commercial space sector initiatives. For more information, visit For additional media and information, please follow us LinkedIn X Instagram YouTube
Yahoo
2 days ago
- Business
- Yahoo
Karman Space & Defense to Present at the William Blair 45th Annual Growth Stock Conference
HUNTINGTON BEACH, Calif., May 30, 2025--(BUSINESS WIRE)--Karman Space & Defense ("Karman", "Karman Holdings, Inc." or "the Company") (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, today announced that its Chief Executive Officer, Tony Koblinski, and Chief Financial Officer, Mike Willis, will present at the William Blair 45th Annual Growth Stock Conference on Thursday, June 5 at 11:20 a.m. Central Time. Conference Presentation Details: Date: Thursday, June 5, 2025Time: 11:20 a.m. CT (12:20 p.m. ET)Webcast link: The audio portion of Karman's presentation will be broadcast live, and a replay will be available for six months at the link above, and on the investor relations section of the company's investor website at ABOUT KARMAN SPACE & DEFENSE We specialize in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors. Our core technology offerings include propulsion, deployable shrouds, launchers, and energetic subsystems. Customers choose our advanced solutions to deliver mission success across a diverse set of existing and emerging programs supporting high-priority defense and commercial space sector initiatives. For more information, visit For additional media and information, please follow us LinkedIn X Instagram YouTube View source version on Contacts Investor inquiries:Steven Gitlininvestors@ Media inquiries:press@
Memri
3 days ago
- Politics
- Memri
Palestinian Journalist: Arab Countries Should Impose Sanctions On Hamas Leaders Abroad To End The Gaza War
In an article published May 26, 2025 on the Saudi news website Elaph, Palestinian journalist Hamid Karman, who resides in Amman, Jordan, called on Arab countries to impose sanctions on Hamas leaders abroad, as a move that will lead to a shift in the equation of the confrontation and an end to the Gaza-Israel war. Expressing harsh criticism of the Hamas leaders abroad and describing them as living in luxury hotels in Doha, Istanbul and Teheran and accumulating money while Gazans bear the burden of the war on their own, Karman wrote that these leaders are impervious to the cries for a realistic solution. There is an urgent need, he stated, to bring Arab pressure to bear on Hamas by means of sanctions – which he said should include restricting the movement of its senior officials and cutting off its funding and its access to fundraising – so as to compel the organization to change direction and bring an end to the war. He contended that such a step would not only help to end the fighting and suffering in Gaza, but would also advance solutions to additional regional crises, such as disarming the Palestinian organizations in Lebanon, and would prevent Hamas from obstructing Arab and international plans aimed at reaching a comprehensive solution for stability in the Middle East. Hamid Karman (Source: The following is the translation of Karman's May 26, 2025 article on Elaph: "It is known that the equation of the war in Gaza relies on the continued [existence] of its two sides – the Israeli right led by Benjamin Netanyahu and his government, and the Palestinian right, as represented by the Hamas movement – and there will be no end to the war without one of them surrendering... "The war will not end as long as the Hamas leaders abroad enjoy all their creature comforts in luxury hotels in Doha, Istanbul, and Teheran, accumulate money that they distribute amongst themselves, and give TV interviews, making demagogic declarations that show the movement's bankruptcy in the face of the suffering of the unarmed Palestinian people... "The senior Hamas officials close their ears to the clamor of the many voices calling for adopting a realistic [approach] to deal with the consequences of the struggle, by finding a political formula to impose a solution that will contribute to stopping the plans of the right-wing Israeli government. This is because the price being paid by the Palestinians, in its children and in its infrastructure, is greater than any amount that the movement may gain from holding the Israeli hostages. The truth is that Hamas has no more options, or room for political maneuvering... "At present, the vacuum in the [Hamas] military leadership in Gaza, following a series of killings carried out by Israel, will lead to a freeze in Hamas's positions in negotiations. This necessitates sanctions by Arab [countries] on the leaders of the movement abroad so that things will move forward. These sanctions [must] include preventing, and restricting, their [the Hamas leaders'] movements among Arab countries or through their airspace and their airports, and [must] hobble the movement's efforts to acquire funding by [imposing] an embargo, cutting off [its] financial support networks, and stopping the fundraising on which it relies by means of straw companies... "There is a pressing need to tighten the political and financial noose on the Hamas leaders abroad. This will not only bring an end to the war in the Gaza Strip, or to the tragedy of its inhabitants, who have had enough of the conflict and long for an end to the 18 months and more of violence and scarcity – it will also will also lead to a solution to the crises that we see on the horizon for several Middle Eastern countries, and in particular the matter of the weapons of the factions in the Palestinian refugee camps in Lebanon. In this context, Palestinian president Mahmoud Abbas has shown unprecedented responsiveness to Lebanon's official demands in order to conclude this complicated issue. This necessitates bringing swift pressure to bear on Hamas and on the factions that support it, such as Palestinian Islamic Jihad and Osbat Al-Ansar [operating out of the Ain Al-Hilweh refugee camp in Lebanon] so that they will surrender their weapons, without armed confrontation with the Lebanese Armed Forces. This will allow Lebanese President Joseph Aoun and his government led by [Prime Minister] Nawaf Salam to lay the foundations of the nation state with one regime, one law, and one weapon [i.e. held by only one body], as a prelude to actually tackling the issue of disarming Hizbullah. "The move [to impose] Arab sanctions is crucial to framing [our] relationship with Hamas the militia – which after October 7 has deluded itself that it can impose its equations on the region and change the international balance of power. Hamas is also betting on the overthrow of the government of Benjamin Netanyahu by the Israeli street, and thus will not hesitate to drag out [the negotiations] in the expectation that circumstances will turn in its favor as the de facto government in Gaza. This means that it will continue to be a stumbling block for the emerging Arab and international plans to reach a comprehensive solution that will lead to the stability of the Middle East...[1]"
Associated Press
3 days ago
- Business
- Associated Press
Karman Space & Defense Acquires Industrial Solid Propulsion ('ISP'), a Leading Supplier of Energetic Propulsion Technologies for Next-Generation UAS, UAS Intercept and Rocket-Assisted Takeoff Systems
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--May 29, 2025-- Karman Space & Defense ('Karman', 'Karman Holdings, Inc.' or 'the Company') (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers today announced it has acquired ISP, a leader in specialty energetic propulsion technologies including small boost motors and solid propellant gas generators for the rapidly growing UAS, UAS intercept and rocket-assisted takeoff systems markets. The transaction closed on May 28, 2025. This press release features multimedia. View the full release here: Karman Space & Defense Acquires Industrial Solid Propulsion ('ISP'), expanding capabilities and offering Founded in 1983 and based in Cedar City, Utah, ISP has developed a proprietary portfolio of propellant formulations and tactical motor configurations, with proven flight heritage across a number of high-priority U.S. Department of Defense ('DOD') programs. ISP designs, tests, qualifies and manufactures small-diameter energetic and propulsion systems to meet mission requirements for distance, total impulse, peak thrust and burn time. With the required engineering and manufacturing capabilities to take a product from concept-to-production, ISP is a proven partner to prime customers in delivering integrated energetic and propulsion systems, with more than 40 years of flight heritage. 'We have been working collaboratively with ISP on a number of exciting opportunities for many months and believe that ISP is a natural, strategic fit within the Karman portfolio,' said Tony Koblinski, Karman Chief Executive Officer. 'This acquisition strengthens our core competency in energetics, expands our offering in small-diameter solid propellant technologies and will allow us to serve our customers even better. ISP's proprietary portfolio of propellant formulations and unique manufacturing capabilities furthers Karman's mission of leveraging advanced technologies to drive agile solutions for customers across the space and defense market. We welcome the talented ISP team to Karman and look forward to working together to deliver even more value to our customers.' ISP leverages its leading IP portfolio and full suite of in-house, small batch manufacturing capabilities to rapidly qualify and deliver efficient, technically optimal energetic systems. ISP's full-service capabilities include propellant and cartridge design, grain formulation, mixing, machining, cartridge loading and hot-fire testing. ISP's propulsion expertise in small-diameter systems and cartridges and its programmatic positions are well aligned with current and future funding priorities, specifically in deployment and launch systems for one-way loitering munitions, counter-UAS and intercept systems. Additionally, ISP has a long history of supporting STEM-based educational curricula for schools, camps, clubs and youth organizations. Empowering the next generation of energetics and propulsion engineers with tools to help them experiment, learn and launch their careers is central to ISP and highly aligned with Karman's approach to supporting local communities and identifying top talent. On May 27, 2025, Karman successfully closed an offering to increase the size of its existing $300 million Term Loan B by $75 million. The majority of the proceeds from this offering were used to fund the acquisition of ISP, which consisted of $50 million in cash, approximately $5 million in Karman common shares and $5 million in potential earnout payments. For more information on ISP, please visit Advisors Citi served as exclusive financial advisor and Willkie Farr & Gallagher LLP served as legal advisor to Karman in connection with the transaction. KAL Capital served as financial advisor to ISP. ABOUT KARMAN SPACE & DEFENSE We specialize in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors. Our core technology offerings include propulsion, deployable shrouds, launchers, and energetic subsystems. Customers choose our advanced solutions to deliver mission success across a diverse set of existing and emerging programs supporting high-priority defense and commercial space sector initiatives. For more information, visit Forward-Looking Statements This announcement may contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as 'expect,' 'expectation,' 'believe,' 'anticipate,' 'may,' 'could,' 'intend,' 'belief,' 'plan,' 'estimate,' 'target,' 'predict,' 'likely,' 'seek,' 'project,' 'model,' 'ongoing,' 'will,' 'should,' 'forecast,' 'outlook' or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Karman, will prove to be correct or that any of our expectations, estimates or projections will be achieved. Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements, including the factors described in the filings we make with the SEC from time to time and, without limitation, that a significant portion of our revenue is generated from contracts with the United States military and U.S. military spending is dependent upon the U.S. defense budget; U.S. government contracts are subject to a competitive bidding process that can consume significant resources without generating any revenue; our business and operations expose us to numerous legal and regulatory requirements, and any violation of these requirements could materially adversely affect our business, results of operations, prospects and financial condition; our inability to adequately enforce and protect our intellectual property or defend against assertions of infringement could prevent or restrict our ability to compete; and we have in the past consummated acquisitions and intend to continue to pursue acquisitions, and our business may be adversely affected if we cannot consummate acquisitions on satisfactory terms, or if we cannot effectively integrate acquired operations. Readers are directed to the risk factors identified in the filings we make with the SEC from time to time, copies of which are available free of charge at the SEC's website at under Karman Holdings Inc. The forward-looking statements included in this announcement are only made as of the date of this announcement. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable law. For additional media and information, please follow us LinkedIn X Instagram YouTube View source version on CONTACT: Investor inquiries: Steven Gitlin [email protected] inquiries: [email protected] KEYWORD: CALIFORNIA UTAH UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CONTRACTS DEFENSE AEROSPACE MANUFACTURING SOURCE: Karman Space & Defense Copyright Business Wire 2025. PUB: 05/29/2025 08:10 AM/DISC: 05/29/2025 08:09 AM
