This acquisition may indicate York's strategy to strengthen its supply chain and expand into higher-growth markets. The move could suggest a growing demand for space-rated solar cells, which may benefit York in the commercial and defense spacecraft markets.
Space Manufacturer Expands Supply Chain Control
York Space Systems has announced a definitive agreement to acquire Solestial, a space-solar-cell manufacturer, for an undisclosed amount. The acquisition is York’s third this year, following deals for All.Space and Orbion Space Technology. By bringing Solestial into the fold, York aims to reduce its supply chain risk and build more complex systems at lower cost. The deal is expected to close in Q2, according to Payload Space.
This acquisition may indicate York's strategy to strengthen its supply chain and expand into higher-growth markets. The move could suggest a growing demand for space-rated solar cells, which may benefit York in the commercial and defense spacecraft markets.
Space Manufacturer Expands Supply Chain Control
York Space Systems has announced a definitive agreement to acquire Solestial, a space-solar-cell manufacturer, for an undisclosed amount. The acquisition is York’s third this year, following deals for All.Space and Orbion Space Technology. By bringing Solestial into the fold, York aims to reduce its supply chain risk and build more complex systems at lower cost. The deal is expected to close in Q2, according to Payload Space.