US Stock Market Move | York Space Systems (YSS.US) debuted on the US stock market, opening with a more than 1% increase.

On Thursday, York Space Systems (YSS.US) made its debut on the US stock market, opening more than 1% higher at $34.3, with an IPO price of $34. York Space Systems is a leading contractor in the space and defense industries, providing design, manufacturing, integration, and operation of spacecraft platforms. Its spacecraft product portfolio includes the S-CLASS, LX-CLASS, and M-CLASS series. In the Department of Defense's PWSA project (proliferated low earth orbit satellite architecture project), the company ranks first in the number of operating spacecraft in orbit (33), number of contracts (6), and diversity of contract types. The company has accumulated over 4 million orbit flight hours across 74 missions, and has 17 flight-proven products. Additionally, the company operates more than 45 ground antennas worldwide.