Rochefort-Backed ALL.SPACE to Be Acquired by York Space Systems in Strategic Defense Communications Transaction
Rochefort Asset Management, a U.S. national security-focused private credit firm licensed under the U.S. Department of War's Office of Strategic Capital (OSC) and the Small Business Administration (SBA), announced that York Space Systems has entered into a definitive agreement to acquire ALL.SPACE, a Rochefort-financed company and a provider of advanced satellite communications terminals and multi-network connectivity solutions. This acquisition underscores Rochefort's commitment to deploying private credit into communications infrastructure essential for modern national security missions.
Rochefort provided senior secured debt financing to ALL.SPACE to enhance manufacturing capacity and accelerate the delivery timelines of its advanced multi-orbit terminal systems, allowing the company to address urgent Department of War operational requirements. ALL.SPACE's software-defined Hydra Terminal Range facilitates next-generation command and control systems through simultaneous multi-link, multi-orbit, and multi-band connectivity across Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Orbit (GEO), and Highly Elliptical Orbit (HEO) networks from a single platform.
York Space Systems, a U.S.-based national defense and commercial prime, announced this transaction as its second strategic acquisition following its public listing on the New York Stock Exchange. Once finalized, ALL.SPACE will operate as a wholly owned subsidiary of York, continuing to provide services to both government and industry customers.
Paul McCarter, CEO of ALL.SPACE, stated, "ALL.SPACE was built to ensure connectivity does not fail when it matters most. Demand is accelerating in complex operational environments, and our technology is proven to deliver in those conditions. Partnering with York allows us to scale that capability and bring it to an even broader set of missions."
Alex Lemond, Co-Founder of Rochefort Asset Management, remarked, "Rochefort deploys capital into companies bolstering U.S. national security. The York and ALL.SPACE transaction demonstrates how strategic capital can work in concert with industry to advance the defense industrial base and deliver mission-critical capabilities to the warfighter." The acquisition is subject to regulatory approvals and customary closing conditions, with an expected completion in the third quarter of 2026.