York Space Systems Completes Second Production Lot of Tactical Communication Satellites for Launch this Summer
More than 20 spacecraft began shipment to launch site for second dedicated rocket mission, demonstrating York’s ability to produce and deploy operational capability at scale today
DENVER--(BUSINESS WIRE)--$YSS--York Space Systems (York) (NYSE: YSS), a leading, US-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, today announced the initial shipment of its second production lot of Tranche 1 Transport Layer (T1TL) spacecraft to the launch site, marking another milestone in the deployment of operational capabilities supporting U.S. and allied warfighters through the Proliferated Warfighter Space Architecture. More than 20 York-built satellites—comprising the complete payload of a dedicated Falcon 9—are planned for launch this summer providing assured tactical communications in direct support for U.S. and Allied warfighters




The milestone marks York’s second completed production lot on the contract. York has now twice demonstrated its ability to complete a lot of operational national security spacecraft at the speed, scale, and affordability required for proliferated architectures at half the cost of competitors.
“Shipping a second production lot for this important tactical communications mission demonstrates the repeatability and maturity of York’s production model,” said Melanie Preisser, VP and GM of York. “We have shown that operational national security space capabilities can be built and fielded rapidly, affordably, and at the scale that the USG demands. Most importantly, these spacecraft will provide operational capability to the warfighter, supporting the enduring need for resilient tactical communications and infrastructure needed for modern military operations.”
York was the first of the Tranche 1 performers to ship and launch its satellites. All spacecraft from York’s first production lot were confirmed healthy within hours of launch separation, and the constellation has since passed numerous milestones as it continues through early operations. With this second production lot, York is again first among Tranche 1 primes to complete T1 spacecraft production, continuing to demonstrate the high-rate production capabilities required to support proliferated space architectures. Upon full delivery, York's first and second production lots represent more than 40 spacecraft developed in support of the proliferated mission.
York continues to deliver on the U.S. Government's enduring requirement for resilient, tactical space-based support. Once on orbit, these spacecraft will provide the secure, resilient communications backbone that U.S. and allied forces depend on to execute missions across every domain.
As threats to U.S. national security continue to evolve, the ability to field and sustain resilient space-based infrastructure at scale becomes increasingly critical. York's successful execution across two complete production lots demonstrates that the industrial capacity required to field proliferated national security space architectures exists today and can be delivered on operational timelines.
About York Space Systems
York Space Systems (NYSE: YSS) is a leading, U.S.-based national defense and commercial prime providing a comprehensive suite of mission-critical solutions for national security, government, and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of, and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “could,” “emerging,” “expand,” “expect,” “feasibility,” “intend,” “may,” “objective,” “plan,” “potential,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. In particular, statements about completion of shipment and launch of our spacecraft, the opportunities and value created by our and our execution and capabilities, the health of our spacecraft, increasing demand, and our expectations, beliefs, plans, strategies, objectives, prospects, assumptions, or future events or performance contained in this press release are forward-looking statements.
Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: any failure of our spacecraft systems and related software to operate as intended, resulting in claims for product failures, schedule delays or other problems with existing or new products; cost overruns on our contracts, including before final receipt of a contract; significant competition in the global space and satellite market; our revenue, results of operations and reputation may be negatively impacted if our products contain defects or fail to operate in the expected manner; our failure to establish and maintain important relationships with government agencies and prime contractors; the scarcity or unavailability of critical components used to manufacture our products or used in our development programs; disruptions in U.S. government operations and funding and budgetary priorities of the U.S. government; the inability to comply with any of our contracts or meet eligibility requirements to obtain certain government contracts; and the other factors set forth in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release and the related conference call. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as required by law.
References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. York is not responsible for the content of third-party websites.
Contacts
Media Contact
Sarah Nickell
Sarah.nickell@yorkspacesystems.com
Investor contact
Christopher Evenden
ir@yorkspacesystems.com