York Space Systems to acquire satellite terminal provider ALL.SPACE
York Space Systems announced a definitive agreement to acquire ALL.SPACE, a satellite communications terminal provider, for a transaction that values the deal amid a decline in York's stock price following the announcement. The acquisition, expected to close in the third quarter pending regulatory approvals, will integrate ALL.SPACE as a wholly owned subsidiary to expand York's end-to-end communications capabilities. York recently reported strong fiscal 2025 fourth-quarter results, including 41% year-over-year revenue growth, while several analysts adjusted their price targets downward despite positive financial performance.
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DENVER - York Space Systems (NYSE:YSS) announced Thursday it has entered into a definitive agreement to acquire ALL.SPACE, a provider of satellite communications terminals and multi-network connectivity solutions, according to a press release statement. The $3.73 billion market cap company’s shares fell 8.4% to $29.24 following the announcement, contributing to an 18% decline over the past week. Upon closing, ALL.SPACE will operate as a wholly owned subsidiary of York. The transaction is expected to close in the third quarter, subject to regulatory approvals and customary closing conditions. ALL.SPACE, founded in 2019 and headquartered in the United Kingdom with operations in Europe and the United States, developed its Hydra Terminal Range.
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