York Space Systems has moved to acquire terminal developer All.Space in a $355 million deal to make York a “complete communications ecosystem.”
All.Space is a leading terminal developer and manufacturer based in the U.K., known for terminals that can connect with multiple satellite networks at once. Once the acquisition closes, All.Space will operate as a wholly owned subsidiary of York and will continue to serve other customers.
“With this acquisition, York is creating a complete communications ecosystem that operates in contested environments across commercial and government networks,” Dirk Wallinger, CEO of York said in a release.
According to a York SEC filing released Thursday, the aggregate price is $355 million and the deal is expected to be $155 million in cash and the rest in stock. The acquisition is subject to regulatory approval and expected to close in the third quarter.
John Finney, former chief commercial officer of O3b Networks, founded All.Space in 2013 as Isotropic Systems to design a multi-orbit antenna to match the innovation of multi-orbit satellite constellations. The company rebranded as All.Space in 2022. Finney departed the company in 2024.
The company has developed optical beam-forming technology that enables its terminals to connect with multiple satellites in multiple orbits.
The Hydra Max Ka-band terminal, for example, can hold wideband connections on two or more Ka-band networks at the same time and is compatible with the Wideband Global SATCOM (WGS) U.S. military network, SES’s O3b mPOWER, Viasat 3 & GX, and upcoming Ka-band constellations Amazon Kuiper and Telesat Lightspeed.
All.Space is also advancing toward a future product to connect across both Ku- and Ka-band satellite networks simultaneously and has completed proof-of-concept demonstrations toward this development.
“What sets All.Space apart is their ability to ensure complex, multi-network connectivity is maintained even when systems are on the move,” said Melanie Preisser, executive vice president and and general manager of York said in a release. “They’ve built a capability that has consistently performed in real operational conditions, making them a natural fit and a powerful addition to the solutions we bring to our customers.”
This is another acquisition for York Space Systems, which acquired electric propulsion provider Orbion Space Technology in March and Atlas Space Operations last year for its network of ground antennas around the world and ground network orchestration software.
York Space Systems went public earlier this year in an IPO that raised nearly $630 million. At the time, Wallinger said more M&A was an option, with York considering both suppliers and companies in adjacent markets to bring new capabilities into the company.
