York Space starts trading at $38 per share as CEO touts ‘Golden Dome' potential [CNBC]
York Space Systems Inc. (YSS)
Company Research
Source: CNBC
CEO Dirk Wallinger said the space and defense company's integrated systems will help space defense development move faster at a lower cost. Wallinger said the company is positioned to be a key contributor to President Trump's ‘Golden Dome' missile defense project. York Space Systems began trading as a public company on Thursday, with founder and CEO Dirk Wallinger touting the company's potential to be a key contributor to President Trump 's ' Golden Dome ' project. The Denver-based space company opened on the New York Stock Exchange at $38, up 11.7% from its $34 offering price. It was valued at $4.75 billion. “Golden Dome is essentially making disparate systems that weren't intended to talk to one another, talk to one another, which is what we do,” Wallinger told CNBC's Morgan Brennan . “York's already delivering on that, so we're looking for the opportunity to deliver on the Golden Dome for our country.” York has already built low-earth orbit satellites for the U.S. Space
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