York Space Systems and CAID Automation

July 13, 2015

York Space Systems and Caid Automation Announce Teaming Agreement to Develop Spacecraft Mass Production

DENVER, Jul. 13, 2015 /PRNewswire-iReach/ — York Space Systems, the innovative American aerospace company specializing in small and medium class spacecraft, and CAID Automation, a provider of turnkey automation solutions, have announced today they have entered into a teaming agreement to develop an automated solution for the mass manufacture of York’s AESV S-Class platform.

Under the Agreement, CAID Automation will work with York Space Systems to develop the AESV space vehicle production line offering customers the most cost effective manufacturing solution on the market. “We are excited to work with CAID to develop a mass manufacturing solution for our platform. They are a company that truly has the ability to focus on solving tough problems, and they do it efficiently. This type of hand-in-hand relationship and emphasis on efficiency is very consistent with our own culture.” says Dirk Wallinger, CEO of York. He continued “We very much look forward to leveraging the skill sets and expertise this Agreement will bring to our production plans.”

Juan Cardenas, Vice President of Sales and Application Engineering at CAID Automation, commented “We feel York has a unique spacecraft design that lends itself well to this type of manufacturing approach, and we look forward to helping develop the first true spacecraft production line. This Agreement will allow us to help develop a truly efficient turnkey aerospace solution.”

About York Space Systems

York Space Systems is an innovative American aerospace company specializing in small and medium class spacecraft based in Denver, CO. York Space Systems is currently developing their AESV S-Class platform which leverages a proprietary design to reduce the cost of manufacture by an order of magnitude. The S-Class platform is a 3-axis stabilized spacecraft capable of supporting 90kg payloads with up to 100W of Orbit Average Power (OAP). Designed for mass manufacture and intended for constellations, the S-Class supports a wide range of missions including earth observation and communication; and is capable of steady state operation in any orbit inclination and orientation without redesign. The platform form factor can leverage existing share ride opportunities on ESPA, or can be adapted to any of the numerous dedicated small launch vehicles currently under development to significantly reduce launch segment costs.

About Caid Automation

CAID Automation, a division of CAID Industries, is dedicated to designing, integrating, and building custom automated equipment for a variety of industries. The automated systems are designed for component assembly, material handling, test and inspection, part tracking, packaging, and robotics. CAID Automation’s experience, combined with CAID Industries capabilities in custom heavy metal fabrication, allow complete turnkey solutions for complex manufacturing problems; providing customers with the most cost effective manufacturing solutions.

For more information, please contact:

PR@YorkSpaceSystems.com

York Space Systems

www.YorkSpaceSystems.com

Media Contact: Kate Bailey, on behalf of York Space Systems, 480-518-4921, PR@YorkSpaceSystems.com

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