Space defense startup Voyager Technologies has successfully conducted an initial public offering (IPO) on the New York Stock Exchange. The company, founded six years ago, was valued at $1.6 billion, and the VOYG ticker has already appeared in stock feeds.
As part of the IPO, Voyager offered investors 11 million Class A shares, with underwriters granted an option to purchase an additional 1.65 million shares within 30 days. The price range of the securities ranged from $26 to $29 per share. With a full subscription at the upper limit, a startup can generate up to $367 million in gross revenue, which will be used for research and development, strategic acquisitions, and overall business expansion.
The IPO was an important milestone for the company, which is known for its active consolidation strategy in the space technology market. Since its founding, Voyager Technologies has acquired a number of promising startups, focusing on building a technologically integrated defense and space ecosystem.
One of the company's key projects is Starlab — a commercial orbital station that is being considered as a potential replacement for the International Space Station (ISS) in the coming years. The project is being implemented with the support of partners from the aerospace and defense industries and has already attracted the attention of both government agencies and private clients.
Previously, the company considered alternative scenarios for entering the stock exchange, including a merger with SPAC companies, but ultimately chose the traditional IPO path, which, according to analysts, indicates the company's maturity and its readiness for sustainable growth in public status.
Experts note that the success of the placement of Voyager Technologies confirms the steady interest of investors in commercial space exploration and the development of private initiatives in the field of high technologies. Given the growing competition in the industry, entering VOYG on the stock exchange can be a catalyst for new investments and raising capital in innovative aerospace projects.
