York Space Systems wins second Space Development Agency contract

York Space Systems, a Denver, Colorado-based aerospace company won another award from the Space Development Agency (SDA), a $382 million contract to deliver 42 satellites in support of SDA's Tranche 1 Transport Layer (T1TL). York will produce these satellites, built on the LX-CLASS standard commercial platform, in its new facility. York was also selected by SDA in August 2020 to provide 10 satellites for Tranche 0 and remains on schedule for delivery later this year.

The SDA Tranche 1 satellites, along with five other commercial constellations, are driving demand for a rapid increase in production capacity. York's second manufacturing facility, located in the Denver Tech Center, will reach initial operating capacity this May. The new facility will triple the parallel capacity of York's original facility and will be capable of producing up to 540 S-CLASS and LX-CLASS satellites per year for government and commercial customers.

"Winning another contract from SDA is an especially great honor and highlights the confidence the agency maintains not only in York's highly affordable designs but also in the resilience of our supply chain and ability to deliver on the urgent timelines needed today," said Dirk Wallinger, York’s CEO. "We are happy that the government is taking advantage of the commercial sector's investment in production lines, supply chains, and speed while still providing the government the most capable and secure solutions it demands. By utilizing the commercial sector's capabilities, the government can achieve price points that are 50% less than what was historically possible, on timelines the market has never seen before. We are very proud to be an American company developing new aerospace technology, creating high paying jobs in Colorado, and building hardware domestically to support a vibrant and growing space economy."

"By leveraging our commercial products and services to develop the Transport Layer, SDA is provisioning our national security with state-of-the-art technology and ensuring vital support of the 21st century American space industry," said Melanie Preisser, vice president, National Systems at York.

York anticipates hiring up to 450 additional employees in the Denver metro area during the next two years to meet increasing government and commercial demand for York's products and services including engineers, technicians, and business operations. The growth is bolstered by York's projected 250% revenue growth for 2022, which would be the third consecutive year of more than 230% year-over-year revenue growth.