AE Industrial, a middle market private equity firm, completed the acquisition of a majority stake in York Space Systems, a firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. BlackRock invested alongside AE Industrial. Financial terms were not disclosed. "York has transformed the small satellite market with its complete mission solutions and mass manufacturing capabilities. The Company has become a critical partner to the Space Development Agency, Space Force, and other national security customers given its ability to deliver new satellite technology solutions faster and more cost efficiently than any other player in the market," Kirk Konert, AEI Partner.