York Space Moves Toward A December IPO

Benzinga

York Space Systems reported 59% revenue growth to $280.9M with a narrower loss as it prepares for a tight December IPO window. The low-cost satellite maker, valued above $1B and backed by AE Industrial Partners, builds platforms for U.S. defense clients, with Goldman, Jefferies, and Wells Fargo leading the offering.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02York Space Systems said revenue rose 59% to $280.9 million for the first nine months of 2025,

00:10according to its IPO filing. The company reported a net loss of $56 million,

00:16narrower than last year's $73.6 million loss. Analysts said the 2025 IPO window is limited to

00:23two weeks in December after the prolonged government shutdown slowed SEC reviews,

00:27and many deals may shift to 2026. York Space was valued at over $1 billion in a 2022 majority stake

00:35sale to A Industrial Partners, which also backed Firefly Aerospace's major space tech listing

00:41earlier this year. Founded in 2012, York Space builds low-cost satellite platforms for clients,

00:48such as the U.S. Department of Defense. Goldman Sachs, Jeffries, and Wells Fargo Securities

00:54will lead the offering. For all things money, visit benzinga.com.

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