Article

York Space Systems has initiated its initial public offering (IPO) for 16 million shares, priced between $30 and $34, aiming to raise up to $544 million and achieve a valuation of $4.25 billion. The Denver-based satellite platform company, serving clients like the U.S.

Department of Defense, plans to list on the New York Stock Exchange under the ticker 'YSS', with the IPO expected to price on January 28. Despite reporting a comprehensive loss of $54.9 million on $280.9 million in revenue for the nine months ending September 30, AE Industrial Partners will retain majority voting power post-offering.