Sign In
Search
Business/Financial

York Strengthens Vertical Integration With Acquisition Of In-Space Propulsion Supplier Orbion

Cal Biesecker By
SHARE:
York Strengthens Vertical Integration With Acquisition Of In-Space Propulsion Supplier Orbion
Photo of Orbion Hall-Effect Thruster. Image: York Space Systems

York Space Systems [YSS] on Thursday said it acquired Orbion Space Technology, a supplier of flight-proven Hall-Effect Thrusters that propel satellites in orbit. The acquisition, which closed on March 9, brings in-house an existing supplier of York’s. In a March 10 filing with the Securities Exchange Commission, York said it agreed to acquire Orbion on March 6 in exchange for cash and 2,812,141 shares of its common stock. York’s shares closed at $21.40 on March 6. If that price was…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed

Business/Financial

Lockheed Martin Invests $25 Million In Fortem Technologies To Strengthen C-UAS Capabilities

Business/Financial

Anduril Adds Edison Chouest Offshore For MUSV Production In The U.S.

Business/Financial

Boeing Narrows Losses In First Quarter On Strong Defense Showing

Trending

USAF Examining Software, Construction Competition For Sentinel Program
Lockheed Martin Invests $25 Million In Fortem Technologies To Strengthen C-UAS Capabilities
Space Force Budget Includes $1.8 Billion To Modernize Launch at Vandenberg And Cape Canaveral
Pentagon To Move Forward On AEP Upgrades For GPS, As DoD Cancels GPS OCX
Defense Watch: Talon Blue News, Iranian Missiles, LTAMDS Award, DDG News

Congress Updates

Air Force

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume