York Space Systems(NYSE) YSS

York helps governments put satellites in space to gather data. They build ready-to-use spacecraft that monitor Earth and the sky. The company makes these systems faster and cheaper than rivals.

What Is Flying in Orbit?

• S-CLASS: Low-cost satellite platform for fast deployment and flexible missions; supports mass from 85 to 200 kilograms.
• LX-CLASS: Specialized platform for heavier payloads that shares 90% of its technology with the S-CLASS model.
• M-CLASS: Large spacecraft category carrying up to 2,000 kilograms for Earth observation and communication tasks.
• Software-Enabled Services: Digital suites for mission planning, ground operations, and autonomous flight control for satellite fleets.
• Critical Components: In-house hardware including flight computers and power systems used to build every spacecraft.

Strategic Moves and New Spaces

• Acquired Emergent Space Technologies in 2023 to add expertise in flight software and mission design.
• Bought ATLAS Space Operations in August 2025 to gain a global network of over 45 antennas.
• Purchased Orbion Space Technology, Inc. in March 2026 to add propulsion capabilities to the manufacturing line.
• Opened the 60,000 square foot Potomac facility in August 2023 to increase satellite production capacity.

What Sets York Apart

York uses a standardized design where different spacecraft share up to 95% of the same software and 75% of hardware. This approach allows the company to manufacture and test over 1,000 satellites annually at lower costs than traditional rivals.

Recent Financial Results

• Revenue reached $105.3 million in Q4 2025, up 37.5% from Q4 2024.
• Gross profit was $21.1 million in Q4 2025, up 34.6% year-over-year.
• Operating loss narrowed to $5 million in Q4 2025 from $16.8 million in Q4 2024.
• Backlog stood at approximately $543 million with 107 spacecraft as of December 31, 2025.
• Free cash flow hit negative $37.6 million in Q4 2025, down from positive $63.2 million in Q4 2024.

Bottom Line

York has evolved into a primary contractor for national security space programs by focusing on speed and cost. Its use of standardized hardware and proprietary software allows it to compete with traditional aerospace giants.