York Space Systems IPO on the NYSE
York, which builds satellites for the Space Development Agency's PWSA, listed in a primary-only IPO; AE Industrial Partners kept about 23.8% and voting control.
- Company
- York Space Systems
- Type
- IPO
- Status
- Completed
- Date
- 28 Jan 2026
- Value
- US$629m
- Value basis
- 18,500,000 shares at US$34.00 (US$629m), with a 30-day option for 2,775,000 more
- Region
- US
- Segment
- Listed equity
Parties
- York Space Systems issuer
- AE Industrial Partners investor
Key terms
- Price
- US$34.00 a share
- Joint book-runners
- Goldman Sachs, Jefferies, Wells Fargo Securities, J.P. Morgan, Citigroup, Truist, Baird and Raymond James
- Net proceeds
- About US$582.6m
- Use of proceeds
- Working capital and general corporate purposes, which may include inventory and capex
- Ticker
- YSS
Sources
- York Space Systems prospectus (Form 424B4): 18,500,000 shares of common stock sec.gov · 28 Jan 2026
Record ORB-INV-2026-0028. Investments are kept apart from the financings register and never counted in debt totals.
