Reuters: IPOX® Associate Lukas Muehlbauer comments on York Space Systems’ NYSE Debut

A recent Reuters article reports on York Space Systems' successful debut on the New York Stock Exchange, where the company clinched a valuation of $4.75 billion. The Denver-based satellite manufacturer raised $629 million in an upsized IPO, driven by investor confidence in sustained Pentagon spending on space and defense amid growing geopolitical tensions. The piece notes that York’s listing sits alongside other strong performers in the sector, such as Firefly Aerospace and Voyager Technologies, highlighting a strategic shift where space is increasingly viewed as a core national security priority.

IPOX® Associate Lukas Muehlbauer was featured in the article, providing expert analysis on the broader market implications and the specific risks facing the company. Muehlbauer suggested that York's reception signals a healthy appetite for upcoming major industry listings:

"The listing suggests that the market is open for new defense and space stocks in 2026, which is especially relevant for the planned SpaceX listing."

He also commented on the company’s business model following its acquisition of ATLAS Space Operations, noting that while the move diversifies their revenue, government reliance remains a key factor:

"Last year's purchase of SaaS provider ATLAS Space Operations helps York expand into selling software and data services to other customers, but until those new sales grow, the stock price will likely see more volatility based on government spending news."

Read the full article by Prakhar Srivastava and Utkarsh Shetti on Reuters: York Space valued at $4.75 billion in NYSE debut on Pentagon spending bets