York Space Systems (YSS) announced it has entered into a definitive agreement to acquire Solestial. “York has consistently invested in U.S.-based manufacturing as a core part of how we deliver for our customers,” said Dirk Wallinger, CEO of York. “This acquisition builds on that approach, strengthening our supply chain by investing in a proven U.S. company, supporting the domestic industrial base, and reducing reliance on foreign sources for critical materials and manufacturing.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YSS:
- Space Stocks Rocket Higher After Musk Drops “Pretty Soon” SpaceX IPO Hint
- York Space Systems to acquire satellite solutions company All.Space
- York Space Systems price target lowered to $31 from $33 at Citi
- York Space Systems price target lowered to $45 from $55 at Raymond James
- York Space Systems falls -16.9%
