spacetoday.net: York Space Systems goes public

Posted: Sat, Jan 31, 2026, 2:37 PM ET (1937 GMT)
Satellite manufacturer York Space Systems went public Thursday, raising more than $600 million. Shares in the Denver-based company started trading on the New York Stock Exchange in an IPO that generated $629 million for the firm. Founded more than a decade ago as a smallsat specialist, York has steadily expanded its role in the national security space market, including building satellites for the Space Development Agency’s constellations. CEO Dirk Wallinger said York expects to benefit from elevated U.S. military spending as it continues to build satellites for the SDA and pursues opportunities tied to emerging defense initiatives, including the proposed Golden Dome missile defense system. The company plans to use the funding from the IPO to expand satellite production from current annual rates of 300 to as many as 1,000. The company priced its shares at $34 in the IPO, and the shares closed trading Thursday at $33.61.