Group 1: Space and Aerospace Industry - Shenzhou 20 spacecraft successfully landed, confirming the mission's success, while Shenzhou 23 has arrived at the launch center [1] - Beijing's Fengtai District aims to exceed a trillion yuan in industrial scale by 2030, focusing on aerospace and other key sectors [2] - York Space Systems plans to raise $512 million through an IPO, pricing shares between $30 and $34, with a listing on the NYSE under the ticker "YSS" [3] - Guojin Securities recommends attention to companies involved in 3D printing for commercial aerospace, highlighting its potential as a final processing solution [4] Group 2: Economic and Industrial Growth - By 2025, China's annual production and sales of new energy vehicles are expected to surpass 16 million units, reflecting growth in the clean energy sector [6] - China's GDP is projected to exceed 140 trillion yuan in 2025, with a growth rate of 5.0%, driven by various industrial sectors [7] - The high-tech manufacturing sector is anticipated to grow by 9.4% in 2025, with significant contributions from industries like integrated circuits and aircraft manufacturing [8] Group 3: Financial Market Developments - The number of private equity firms with over 10 billion yuan in assets has reached 114, with new entrants and some exits in the sector [5] - The A-share market has seen a record high of 222 stocks priced over 100 yuan, indicating a concentration of technology companies among the top performers [9] Group 4: Green Energy Initiatives - Five government departments have issued guidelines to accelerate the transition to a green and low-carbon energy structure, promoting zero-carbon factories and renewable energy utilization [9]

Group 1 - York Space Systems, a commercial satellite manufacturer based in Denver, Colorado, announced its initial public offering (IPO) terms on January 19, planning to raise up to $512 million by issuing 16 million shares priced between $30 and $34 each [1] - The company, founded in 2012, focuses on manufacturing satellites and mission-critical systems for space and defense projects, with a projected market capitalization of approximately $4 billion at the midpoint price of $32 per share [1] - York Space Systems intends to list on the New York Stock Exchange under the ticker symbol "YSS," with joint bookrunners including Goldman Sachs, Jefferies, Wells Fargo Securities, JPMorgan, Citigroup, Truist Securities, Baird, and Raymond James [1] Group 2 - As a prime contractor in the space and defense sector, the company’s business encompasses the design, manufacturing, integration, and operation of spacecraft platforms, with a product portfolio that includes multiple satellite platform series such as S-CLASS, LX-CLASS, and M-CLASS [1] - The company ranks first in the U.S. Department of Defense's proliferated low Earth orbit satellite architecture (PWSA) project in terms of the number of operational spacecraft, contract quantity, and contract type diversity [1] - As of the announcement date, York Space Systems has recorded over 4 million hours of flight in 74 missions, possesses 17 flight-validated products, and operates more than 45 ground antennas globally [1]

Core Viewpoint - York Space Systems, a company specializing in manufacturing satellites and mission-critical systems for space and defense projects, has announced its IPO terms, aiming to raise $512 million through the issuance of 16 million shares priced between $30 and $34 each [1] Company Overview - York Space Systems is headquartered in Denver, Colorado, and was established in 2012 [1] - The company plans to list on the New York Stock Exchange under the ticker symbol "YSS" [1] IPO Details - The IPO will involve the issuance of 16 million shares [1] - The targeted fundraising amount is $512 million [1] - The price range for the shares is set between $30 and $34 [1] Underwriters - The joint book-running managers for this transaction include Goldman Sachs, Jefferies, Wells Fargo Securities, JPMorgan, Citigroup, Truist Securities, Baird, and Raymond James [1]

Core Viewpoint - York Space Systems is planning an IPO to raise $512 million by issuing 16 million shares, with a price range of $30 to $34 per share, leading to a projected market capitalization of $4 billion at the midpoint of the pricing range [1] Company Overview - York Space Systems is a contractor in the space and defense sector, specializing in the design, manufacturing, integration, and operation of spacecraft platforms [1] - The company offers a product portfolio that includes the S-CLASS, LX-CLASS, and M-CLASS series of spacecraft [1] Market Position - In the Department of Defense's PWSA project, York Space Systems ranks first in terms of the number of operational spacecraft in orbit (33), number of contracts (6), and diversity of contract types [1] - The company has recorded over 4 million orbital flight hours across 74 missions and has 17 flight-validated products [1] - York Space Systems operates over 45 ground antennas globally [1] IPO Details - The company was founded in 2012 and plans to list on the New York Stock Exchange under the ticker symbol "YSS" [1] - The joint book-running managers for the IPO include Goldman Sachs, Jefferies, Wells Fargo Securities, JPMorgan, Citigroup, Truist Securities, Baird, and Raymond James [1]

Core Viewpoint - York Space Systems has initiated a roadshow for its proposed initial public offering (IPO) of 16,000,000 shares of common stock, with an additional option for underwriters to purchase up to 2,400,000 shares [1] Company Summary - The company is positioned as a modern defense prime focused on speed and scalability [1] - The IPO price is expected to be determined, indicating a forthcoming valuation process [1]

Table of Contents As filed with the Securities and Exchange Commission on January 16, 2026. No. 333-291581 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yellowstone Midco Holdings II, LLC to be converted as described herein to a corporation named York Space Systems Inc. (Exact name of registrant as specified in its charter) Delaware 3761 39-4190941 (State or other jurisdiction of incorporation or or ...

Table of Contents As filed with the Securities and Exchange Commission on December 15, 2025. No. 333-291581 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Yellowstone Midco Holdings II, LLC to be converted as described herein to a corporation named York Space Systems, Inc. (Exact name of registrant as specified in its charter) Delaware 3761 39-4190941 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Emplo ...

Core Insights - The article highlights the expertise of Donovan Jones, an IPO research specialist with 15 years of experience in identifying high-quality IPO opportunities [1] - Jones leads the investing group IPO Edge, which provides actionable information on growth stocks, including first-look IPO filings and an IPO calendar [1] Group 1 - IPO Edge offers a comprehensive database of U.S. IPOs and a guide to IPO investing, covering the entire IPO lifecycle from filing to listing [1] - The article emphasizes the importance of tracking upcoming IPOs and understanding the quiet period and lockup expiration dates for investors [1]

Table of Contents As filed with the Securities and Exchange Commission on November 17, 2025. No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yellowstone Midco Holdings II, LLC to be converted as described herein to a corporation named York Space Systems, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3761 39-4190941 (Primary St ...