$YSS

York Space Systems (YSS) launched a new spacecraft bus for very low Earth orbit (VLEO), designed to operate for over three years using Hall-effect plasma thrusters. Competitors like Redwire and Kreios Space are developing air-breathing electric propulsion (ABEP) systems, which could extend mission life by using atmospheric molecules as fuel. York has invested over $755 million in production and supply chain to compete in the growing VLEO market, projected to reach $1.5 billion by 2034.

York Space Systems (YSS) introduced the LX/V-CLASS, a spacecraft platform for Very Low Earth Orbit (VLEO) missions. The platform, adapted from existing models, aims to meet growing demand for higher-fidelity observation and resilient orbit diversity. York has invested $755 million in production and supply chain, enabling rapid deployment. The company operates multiple constellations and missions, supporting both national security and commercial customers.

York Space Systems (YSS) reported a strong operational quarter but cut its 2026 revenue guidance by $180M due to supply chain delays and government contract shifts. Backlog grew to $592M, but Q2 losses widened to $9.5M. Hedge fund ownership declined, and short interest is at 7.84%. Investors await 2027 revenue conversion from IDIQ task orders and acquisitions.

Craig-Hallum initiated coverage of York Space Systems (YSS) with a Hold rating, citing strong market position but near-term revenue risks. Analyst Jeff Van Rhee set a $11 price target. YSS is a satellite maker in a changing space market. The rating reflects concerns about the company's contract pipeline. The stock trades on the NYSE under the ticker YSS.

York Space Systems reported Q2 2026 revenue of $92.5M, up 10% YoY, with adjusted EBITDA loss of $9.5M. Full-year revenue guidance was reduced to $375M-$405M due to supply chain issues and contract timing. The company completed 21 satellite launches and acquired ALL.SPACE for $155M, aiming to expand unmanned systems and secure supply chains.

The U.S. Space Force announced a $981 million, 10-year NITE-STAR award to 15 companies, 13 publicly traded, to support a national space test and training complex. The article lists winners including Boeing, Lockheed Martin, Northrop Grumman, L3Harris, Rocket Lab, and Viasat, and notes the contract averages about $98.1 million per year.

York Space Systems (YSS) shares fell about 1.2% to around $10.80 after Q2 results. JPMorgan downgraded YSS from Overweight to Neutral and cut its price target from $38 to $17. The company reduced full-year 2026 revenue guidance to $375m-$405m from $545m-$595m, citing government contract delays and supply chain issues. CFO Kevin Messerle left effective Aug. 14.

York Space Systems (NYSE:YSS) reported Q2 gross margin of 24% versus 11% a year earlier, with gross profit rising to $22.2 million. Backlog was $592 million at June 30. The company guided for mid-20% gross margins in 2026 and said supply-chain delays and removed revenue expectations offset each other. Adjusted EBITDA loss widened to $9.5 million.

York Space Systems (NYSE: YSS) shares fell 11.2% by 12:35 p.m. ET Friday after missing earnings for a second straight time. Analysts expected Q2 losses of $0.12 per share on $93.9 million sales; York reported losses of $0.31 per share on $92.6 million sales. The company cited 88% contract win rate and $592 million backlog, but lowered 2026 revenue guidance to $375 million to $405 million.

US stock index futures edged higher after the S&P 500 and Nasdaq 100 hit record levels. Tech and AI-related shares led, with Sandisk up in premarket after JPMorgan’s overweight rating. Reuters said the BOJ is considering a September rate hike. Several single-stock moves followed earnings, guidance, tariffs, and analyst actions, including AVAV, AEHR, SPRY, CAPR, NU, RDDT, and GLOB.