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Closing Bell

Manifest Space: York Space Systems CEO & Founder Dirk Wallinger on IPO Day 1/29/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 29 January 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

York Space Systems CEO & Founder Dirk Wallinger joins Morgan Brennan to discuss his company's IPO, its work with the Defense Department, and the impact of a potential SpaceX IPO on the industry.

Transcript

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0:00.0

York Space Systems has flown 74 missions to space.

0:06.0

Now it's launching on Wall Street.

0:08.0

The 14-year-old space and defense firm debuted on the New York Stock Exchange under ticker YSS.

0:14.0

Its initial public offering was upsized, oversubscribed, and priced at the top of the range,

0:19.0

giving the company a $4.3 billion valuation.

0:22.6

York Space Systems make spacecraft, including for the U.S. Space Development Agency's

0:27.6

flagship low-Earth orbit small satellite program, which is expected to be part of Golden Dome.

0:32.6

CEO and founder Dirk Wallinger says going public will unlock more opportunity.

0:38.3

York is really in a position now to really expand and grow.

0:42.3

We have a first move of advantage with providing complete solutions to our customers.

0:47.3

And I think this presents an opportunity for us to really expand on our capabilities and really do more.

0:52.3

I mean, this company was founded on the basis of we want to be the number one

0:56.0

spacecraft solution provider in the world, and we're determined to do it.

1:00.0

And being a public company will help people become more familiar with what we're doing

1:04.0

and support our efforts to really push forward and expand.

1:08.0

York has been owned by AE industrial partners since 2022. The private equity firm, which also counts Firefly Aerospace and expand. York has been owned by AE industrial partners since 2022. The private equity firm,

1:13.0

which also counts Firefly Aerospace and Red Wire in its portfolio, will keep a majority stake.

1:18.6

York hits the market as space excitement grows, with a planned summer SpaceX IPO poised to be the

1:24.0

largest listing ever. On this episode, York's Dirk Wallinger, on manufacturing, defense spending, Golden Dome,

1:31.4

and more.

1:32.5

I'm Morgan Brennan, and this is Manifest Space.

1:36.9

Joining me now from the floor of the New York Stock Exchange, Dirk Wallinger, he is the CEO

...

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