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York Space Systems Files for IPO on NYSE as Defense Work Lifts Growth

The S-1 cites SDA program momentum, $280.9 million year‑to‑date revenue plus a $642 million backlog to support the move.

Overview

  • York submitted a Form S-1 to the SEC on Nov. 17 and intends to list on the New York Stock Exchange under the ticker YSS.
  • Goldman Sachs, Jefferies and Wells Fargo Securities are named as lead underwriters for the planned offering.
  • Key terms remain undecided, including share count, price and valuation, with final approvals pending and bankers flagging a tight year‑end window.
  • S-1 disclosures show $280.9 million in revenue for the nine months ended Sept. 30, 2025, a narrowed net loss of about $56 million, and a contract backlog of $642 million.
  • Operationally, the company delivered and commissioned 21 SDA Transport Layer satellites in 2025 with another 21 expected, expanded to a fourth production facility, pursued the Atlas Space Operations acquisition, and remains majority‑owned by AE Industrial Partners.