The legal action centers on the company’s performance after its January 29, 2026, initial public offering of 18.5 million shares at $34.00 per share. Scrutiny intensified on May 11, 2026, when Wolfpack Research released a report claiming the Pentagon had abandoned a major program—the Space Development Agency Tranche 3 Transport Layer—due to deep dissatisfaction with York’s operations. The report alleges the company secured contracts through false advertising and delivered satellites equipped with incomplete, mission-critical software.

Pomerantz LLP is currently representing investors who believe these practices constitute securities fraud. Those wishing to participate in the class action must contact Danielle Peyton at 646-581-9980 or via email at dpeyton@pomlaw.com. Prospective lead plaintiffs are required to submit their claims to the court before the October 30 deadline to be considered for the role.