What Happened
Denver-Based Satellite Maker Expands Into User Equipment
York Space Systems plans to acquire satellite communications terminal provider All.Space in a deal valued at about $355 million. The acquisition will make All.Space a wholly owned subsidiary of York Space, expanding the company’s reach beyond spacecraft manufacturing into user equipment and network connectivity. The deal is expected to close in the third quarter. According to a statement by Chief Executive Dirk Wallinger, the acquisition will create a complete communications ecosystem that operates in contested environments across commercial and government networks, as reported by SpaceNews.