Author Archives: Holly Straub

McKean Defense Announces Signing of Definitive Agreement to Acquire Mikros Systems Corporation

PHILADELPHIA and FORT WASHINGTON, Pa., November 12, 2020 — McKean Defense Group, Inc. (“McKean”), a leading Employee-Owned Life Cycle Management, Engineering, Enterprise Transformation, and Program Management business headquartered in Philadelphia, PA, announced today that it has signed a definitive agreement to acquire Mikros Systems Corporation (OTCQB: MKRS) (“Mikros”), an advanced technology company specializing in electronic […]

Mikros Systems Corporation Reports Second Quarter Financial Results; Returns to Profitability

Princeton, New Jersey, Aug 14, 2020: Mikros Systems Corporation (OTCQB: MKRS), an advanced technology company specializing in electronic systems technology for advanced maintenance in military, industrial and commercial applications, today announced financial results for the second quarter of 2020. Mikros generated revenues of $1,844,923 during the three months ended June 30, 2020 approximately equal to […]

Mikros Systems Corporation Opens West Coast Office in Ventura, California

Princeton, New Jersey, Jul 23, 2020: Mikros Systems Corporation (OTCQB: MKRS), an advanced technology company specializing in electronics technology for advanced maintenance in military, industrial and commercial applications, announced today that it has opened a new facility in Ventura, California. “Our new office is just a few miles from the Navy’s Port Hueneme Division (PHD), […]

Mikros Systems Corporation Announces First Quarter Financial Results

Princeton, New Jersey, May 15, 2020: Mikros Systems Corporation (OTCQB: MKRS), an advanced technology company specializing in electronic systems technology for advanced maintenance in military, industrial and commercial applications, today announced financial results for the first quarter of 2020. Mikros generated revenues of $1,081,163 during the three months ended March 31, 2020 compared to $2,020,265 […]

Mikros Systems Announces $200,000 SBIR Contract Award to Focus on Facility Health Monitoring for U.S. Navy Buildings

Princeton, NJ, May 5, 2020:  Mikros Systems Corporation (OTCQB: MKRS) announced today the receipt of a $200,000 Small Business Innovation Research (SBIR) Phase I contract for SBIR topic number N201-X02‑A02: “ADAPT – Naval Depot Modernization and Sustainment” with a focus area of “Facility Health Monitoring and Prioritization”.  This is a joint SBIR solicitation from NAVSEA […]

Mikros Systems Announces $4.7 Million Award to Expand the AN/SYM-3 System on the Littoral Combat Ship and Extend to Additional Navy Systems and Ships

Princeton NJ, April 16, 2020:  Mikros Systems Corporation (OTCQB: MKRS), a technology company specializing in electronic systems for advanced maintenance in military, industrial and commercial applications, announced today $4.7 million of additional funding from the U.S. Navy to expand its flagship AN/SYM-3 program to additional LCS systems, new combat systems, and two new ship classes. […]

Mikros Systems Announces 2019 Year End Financial Results and Prospects For 2020

Princeton NJ, March 31, 2020:  Mikros Systems Corporation (OTCQB: MKRS), a technology company specializing in electronic systems for advanced maintenance in military, industrial and commercial applications, announced today its financial results for 2019. Revenues for 2019 were $6,366,226 compared to $8,561,346 in 2018, a decrease of $2,195,120, or 26%. The decrease was due principally to […]

Mikros Systems Corporation Announces that Chuck Bristow has Been Named President and Chief Operating Officer

Lori Ogles promoted to Vice President Business Development and Programs Princeton, New Jersey, March 2, 2020:  Mikros Systems Corporation (OTCQB: MKRS), an advanced technology company specializing in electronic systems technology for advanced maintenance in military, industrial and commercial applications, announced today that Walter T. (Chuck) Bristow has been appointed President and Chief Operating Officer, effective immediately. […]

Mikros Systems to Exhibit at the SNA 32nd Annual National Symposium Jan 14-16, 2020

Mikros Systems Corporation is pleased to announce that we will be exhibiting at the Surface Navy Association (SNA) 32nd Annual National Symposium at the Hyatt Regency in Crystal City, VA, Jan 14-16, 2020.  The theme this year will be “Surface Warfare: Owning Tomorrow’s Fight Today”.   Please visit us at Booth # 902 (upper level) to see […]