Stock Moves Higher Following Strategic Deal Announcement
Shares of York Space Systems (NYSE:YSS) climbed 8.1% in premarket trading on Monday after the company announced a definitive agreement to acquire ALL.SPACE, a satellite communications and multi-network connectivity technology provider.
The transaction represents York’s second major strategic acquisition since becoming publicly listed on the New York Stock Exchange.
Following completion of the deal, ALL.SPACE will operate as a wholly owned subsidiary of York.
ALL.SPACE Specializes in Multi-Orbit Connectivity
ALL.SPACE develops software-defined Hydra Terminal systems designed to provide connectivity across multiple satellite orbit networks from a single platform.
Its technology supports Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit and Highly Elliptical Orbit systems.
The company serves both government and commercial customers.
Financing Supports Manufacturing Expansion
Rochefort Asset Management provided senior secured debt financing to ALL.SPACE to help expand manufacturing operations and accelerate product delivery schedules.
Rochefort is a U.S. national security-focused private credit firm licensed through the Department of War’s Office of Strategic Capital and the Small Business Administration.
“ALL.SPACE was built to ensure connectivity does not fail when it matters most,” said Paul McCarter, CEO of ALL.SPACE. “Demand is accelerating in complex operational environments, and our technology is proven to deliver in those conditions.”
Deal Expected to Close in Third Quarter of 2026
The acquisition remains subject to regulatory approvals and customary closing conditions.
The companies expect the transaction to be completed during the third quarter of 2026.
Analyst Maintains Buy Rating
Needham analyst Ryan Koontz reiterated a Buy rating on York Space Systems alongside a $33 price target.
Koontz stated: “In its 2nd earnings report as a public company, YSS reported 1Q26 results that were mixed vs. consensus Rev/Adj. EBITDA margin by +6%/-460bps, impacted by EAC cost overruns on a legacy program. F26 guidance was re-affirmed, but Mgt indicated 2Q revenue would be ~28% below consensus due to delays from a payload supplier that it expects to fully catch up in 2H26. While the inflection to positive EBITDA is pushed out to 3Q, Mgt expects its sizable backlog from the DoW to support a very strong 2H.”