$YSS: York Space Systems today announced it has entered into a definitive agreement to acquire Solestial, a leading provider of next-generation space solar technology.
The acquisition secures a critical space solar capability within York’s supply chain through U.S.-based manufacturing, strengthening control over a key subsystem while reducing reliance on Chinese-controlled materials and manufacturing. Upon closing, Solestial will operate as a wholly owned subsidiary of York, continuing to serve customers across commercial, civil, and national security markets.
"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."
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