York Space Systems' Second Tactical Communications Satellite Lot Ready for Launch

York is set to become the first Space Development Agency (SDA) Tranche 1 performer to launch a second production lot, reinforcing the maturity of its production model

DENVER--(BUSINESS WIRE)--York Space Systems (York) (NYSE: YSS), a leading, US-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, today announced that its second production lot of satellites for the SDA’s data network constellation is ready for imminent launch. The satellites, built to provide assured tactical communications for U.S. and Allied warfighters, are staged and prepared to launch aboard a dedicated Falcon 9.

York is the first SDA Tranche 1 performer to reach launch readiness with a second production lot, following its position as the first Tranche 1 provider to ship and launch operational spacecraft. Upon launch, York's first and second production lots will represent more than 40 spacecraft delivered in support of the mission. This launch will also mark the third constellation and fifth mission York is simultaneously operating on orbit.

"As the nation builds toward the next generation of national security space and missile defense architectures, the demand for satellites at real scale keeps growing, and York is one of the few companies that can actually deliver it," said Dirk Wallinger, CEO of York. "We're once again first to the launch pad, at half the cost of our competition, because we've invested in our production capabilities and refined our processes to run with ruthless efficiency."

This production lot capitalizes on York’s significant investment across multiple York production facilities, purpose-built to manufacture spacecraft at mass scale. Reaching this milestone twice reflects the strength of York's supply chain and production processes, which allow the company to consistently meet the pace required by the government's evolving national security space needs.

On orbit, these spacecraft will form part of the secure, resilient communications backbone that U.S. and allied forces rely on to execute missions across every domain.

About York Space Systems

York Space Systems (NYSE: YSS) is a leading, U.S.-based national defense and commercial prime providing a comprehensive suite of mission-critical solutions for national security, government, and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of, and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “could,” “emerging,” “expand,” “expect,” “feasibility,” “intend,” “may,” “objective,” “plan,” “potential,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. In particular, statements about the use and execution of our production lot, the health of our spacecraft, increasing demand, and our expectations, beliefs, plans, strategies, objectives, prospects, assumptions, or future events or performance contained in this press release are forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: any failure of our spacecraft systems and related software to operate as intended, resulting in claims for product failures, schedule delays or other problems with existing or new products; cost overruns on our contracts, including before final receipt of a contract; significant competition in the global space and satellite market; our revenue, results of operations and reputation may be negatively impacted if our products contain defects or fail to operate in the expected manner; our failure to establish and maintain important relationships with government agencies and prime contractors; the scarcity or unavailability of critical components used to manufacture our products or used in our development programs; disruptions in U.S. government operations and funding and budgetary priorities of the U.S. government; the inability to comply with any of our contracts or meet eligibility requirements to obtain certain government contracts; and the other factors set forth in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release and the related conference call. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as required by law.

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