Voyager Technologies a Denver-based leader in defense spending, is gearing up for a stellar initial public offering (IPO) that’s set to light up the New York Stock Exchange. The whole thing will be under the ticker “VOYG.” The company announced it will offer 11 million shares priced between $26 and $29, aiming to raise up to $316 million to supercharge its defense spending initiatives.
Starlab Ambitions Fuel Capital Raise
With an option for underwriters to snap up an additional 1.65 million shares, Voyager is poised to capitalize on surging defense spending. Particularly with the U.S. government’s focus on advanced space and missile defense systems like the Golden Dome. This IPO could propel Voyager to a $1.6 billion valuation. Which is a testament to its pivotal role in defense spending. NASA, Voyager’s top customer, accounts for a quarter of its $144.2 million 2024 revenue, while 84% of sales stem from U.S. government contracts. Underscoring its deep ties to defense spending. The funds will primarily fuel Starlab, a commercial space station designed to succeed the International Space Station by 2030. a bold move in the defense spending landscape. With heavyweights like Goldman Sachs and J.P. Morgan leading the charge, Voyager’s IPO is a beacon for investors eyeing defense spending opportunities. As the U.S. ramps up investments in space and defense programs, Voyager’s strategic focus on defense spending positions it as a trailblazer in this high-stakes galaxy. Buckle up—this IPO is ready to launch Voyager into a new orbit of innovation and growth!