Transactions
March 30 2026
KippsDeSanto & Co. advises Orbion Space Technology on its sale to York Space Systems
KippsDeSanto & Co. is pleased to announce the sale of its client, Orbion Space Technology, Inc. (“Orbion” or the “Company”), to York Space Systems (“York”) (NYSE: YSS), completed in strategic partnership with AE Industrial Partners, LP.
Orbion is a leading developer and high-volume manufacturer of advanced electric propulsion systems for small satellites. The Company’s flagship Aurora Hall Effect Thruster offers high performance, fuel efficiency, and reliability, allowing small satellites to reach their destination, perform their mission, and safely de-orbit. These highly engineered, space-proven solutions have entrenched the Company as a critical supplier for a rapidly expanding satellite industry, including numerous defense, intelligence, and commercial constellation applications.
We believe this transaction highlights several key trends in the M&A market:
- Growing demand for mission-critical space propulsion, highlighting the strategic importance of acquiring specialized suppliers that enable reliable in-space mobility for the rapidly evolving Low Earth Orbit satellite environment;
- Increased vertical integration within the space supply chain, as strategic acquirers look to capture proprietary, high-volume manufacturing capabilities to drive cost efficiencies and enhance reliability across satellite constellations;
- Heightened investor focus on businesses aligned with mission-critical defense applications, specifically those providing the essential, differentiated technologies required for multi-faceted DoD modernization initiatives.
About KippsDeSanto & Co.
KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency
KippsDeSanto & Co. is pleased to announce the sale of its client, Orbion Space Technology, Inc. (“Orbion” or the “Company”), to York Space Systems (“York”) (NYSE: YSS), completed in strategic partnership with AE Industrial Partners, LP.
Orbion is a leading developer and high-volume manufacturer of advanced electric propulsion systems for small satellites. The Company’s flagship Aurora Hall Effect Thruster offers high performance, fuel efficiency, and reliability, allowing small satellites to reach their destination, perform their mission, and safely de-orbit. These highly engineered, space-proven solutions have entrenched the Company as a critical supplier for a rapidly expanding satellite industry, including numerous defense, intelligence, and commercial constellation applications.
We believe this transaction highlights several key trends in the M&A market:
- Growing demand for mission-critical space propulsion, highlighting the strategic importance of acquiring specialized suppliers that enable reliable in-space mobility for the rapidly evolving Low Earth Orbit satellite environment;
- Increased vertical integration within the space supply chain, as strategic acquirers look to capture proprietary, high-volume manufacturing capabilities to drive cost efficiencies and enhance reliability across satellite constellations;
- Heightened investor focus on businesses aligned with mission-critical defense applications, specifically those providing the essential, differentiated technologies required for multi-faceted DoD modernization initiatives.
About KippsDeSanto & Co.
KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency
We prioritize your privacy. We do not sell your information and will only send occasional, relevant emails.
Copyright © 2025 KippsDeSanto & Co.
All Rights Reserved