Overview
- York Space Systems, in a deal announced Monday, entered a definitive agreement to buy ALL.SPACE with closing targeted for the third quarter of 2026 pending regulatory review.
- On completion, ALL.SPACE would become a wholly owned York subsidiary and continue serving government and commercial customers.
- ALL.SPACE’s Hydra terminals connect at once to satellites in low, medium, geostationary, and highly elliptical orbits to keep communications stable in contested settings on land, sea, and air.
- Rochefort Asset Management, a national‑security‑focused lender, provided senior secured debt to expand ALL.SPACE manufacturing and speed deliveries for urgent military needs.
- York recently reported first‑quarter revenue of $116.34 million, a $642 million backlog, and $656 million in cash, while investors are weighing a short‑seller claim that sales rely heavily on the Pentagon’s Space Development Agency.