York Space Systems Inc. (NYSE: YSS) entered into a merger agreement on May 15, 2026, to acquire all equity interests of Solestial, Inc., according to a company statement.

Under the agreement terms, York Space Systems expects to issue up to approximately 2.35 million shares of its common stock as part of the consideration, with the remaining purchase price to be paid in cash. The company's shares carry a par value of $0.0001 per share.

The issued shares will be subject to transfer restrictions outlined in the merger agreement. York Space Systems expects to complete the transaction in the second quarter of 2026.

The company did not disclose the total transaction value or provide additional details about Solestial's business operations.