York Space Systems granted the underwriters a 30-day option to purchase up to an additional 2,775,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

The York Space Systems offering is expected to close on January 30, 2026, subject to customary closing conditions.

Truist Securities, Baird, and Raymond James are acting as bookrunners for the York Space Systems offering.

Preliminary prospectuses for the York Space Systems offering may be obtained from Goldman Sachs & Co. LLC at 200 West Street, New York, New York 10282 by telephone at 1-866-471-2526, from Jefferies LLC at 520 Madison Avenue, New York, New York 10022 by telephone at (877) 821-7388, and from Wells Fargo Securities at 90 South 7th Street, 5th Floor, Minneapolis, MN 55402 by telephone at 800-645-3751 (option #5), when available.

Goldman Sachs & Co. LLC, Jefferies, and Wells Fargo Securities are acting as lead bookrunning managers for the York Space Systems offering.

The York Space Systems offering is being made only by means of a prospectus.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the York Space Systems securities in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws.

A registration statement relating to the York Space Systems securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission.

J.P. Morgan and Citigroup are acting as joint bookrunning managers for the York Space Systems offering.

Canaccord Genuity, Needham & Company, and Academy Securities are serving as co-managers for the York Space Systems offering.

The shares of York Space Systems began trading on the New York Stock Exchange under the ticker symbol YSS.

A copy of the final prospectus related to the York Space Systems offering may be obtained for free from EDGAR on the U.S. Securities and Exchange Commission’s website when available.

Protection of underwater infrastructures is emerging as a strategic priority that involves interdependent considerations of technology, energy, and governance.

Protection strategies for underwater infrastructures require rethinking in light of expanded deepwater threats.

Ugo Salerno is the Executive Chairman of RINA.

Traditional tethered remotely operated vehicles (ROVs) are impractical for long distances and great depths.

Potential commercial exploitation of seabed mineral resources raises environmental and geopolitical questions that require shared regulatory frameworks and active roles for international institutions.

Autonomy of underwater vehicles is tightly linked to energy availability, with conventional batteries being heavy and inefficient for prolonged missions.

Technological limits in underwater systems are driving development of platforms endowed with artificial intelligence capable of autonomous decision-making based on operational conditions.

Unmanned underwater drones are being developed with increasing operational independence to operate at long ranges and depths.

Advances in deep-sea access and operations have made both maintenance and potential damage to underwater infrastructures easier at great depths.

Continuous monitoring systems and advanced maintenance capabilities are necessary to ensure resilience and operational continuity of underwater infrastructures.

Hydrogen and fuel cell systems are being considered as possible energy solutions for long-duration underwater vehicles, subject to overcoming storage challenges.

Underwater infrastructures such as cables, pipelines, and seabed systems are increasingly exposed to risk due to technological evolution and expanded deep-sea activities.

Threats to underwater infrastructures now extend beyond shallow waters to deep and very deep waters.

Polymetallic nodules rich in cobalt, nickel, and manganese are located on seafloors at depths between 3,000 and 5,000 meters.

Many European countries do not yet meet the NATO-agreed defense spending targets, creating imbalances in the burden-sharing of collective security.

The security of the European continent is primarily guaranteed by NATO’s umbrella with a decisive contribution from the United States.

Guido Crosetto spoke at the Forum in Masseria.

Building a credible European defense requires greater national responsibility in defense budgets and contributions to common missions.

Europe can strengthen its defensive posture through gradual measures based on concrete cooperation, shared industrial programs, and closer coordination between states.

Dependence on the United States represents a strategic vulnerability for European security in a context of simultaneous crises and growing U.S. engagement in other regions.

Guido Crosetto described the current European security architecture as structurally limited and dependent on contributions from the United States and NATO.

The European defense enterprise exhibits deep fragmentation in military capabilities and decision-making structures.

The European defense architecture lacks a single chain of command and fully integrated operational instruments.

Guido Crosetto is the Italian Minister of Defense.

Deterrence relies on the credibility of armed forces rather than on political declarations.

The US Army requires Tactical Space Operations Specialists to operate on the ground in deep-enemy and extended-deep areas to provide effects to the warfighter around the clock.

Tactical Space Operations Specialists will perform a range of activities to support troops that rely on space-based technologies.

Applications for the Tactical Space Operations Specialist MOS are open to enlisted soldiers with ranks between specialist and sergeant major.

Selectees for the Tactical Space Operations Specialist MOS will begin training on October 1.

The US Army is forecasting an initial force of 1,000 Tactical Space Operations Specialists that could grow to 1,500 by 2032.

The US Army created a new military occupational specialty called Tactical Space Operations Specialist.

Tactical Space Operations Specialists will be embedded with warfighting units during deployments.

Potential assignments for Tactical Space Operations Specialists include US Army commands in the Indo-Pacific, Middle East, Africa, Europe, and locations in the United States.

The Tactical Space Operations Specialist career path is intended to help the US Army retain space expertise.

Applications for the Tactical Space Operations Specialist MOS are open until April 30.

The partnership is intended to address increasing orbital congestion from mega-constellations by enabling active removal of non-functional hardware.

The collaboration includes a long-term shared roadmap to establish permanent European rendezvous and docking infrastructure supporting future in-orbit assembly, refueling, and maintenance missions.

The partnership aims to provide a repeatable, sovereign European solution for satellite end-of-life management and debris mitigation.