Voyager Technologies uses a vertical integration approach to unify multiple space and defense firms, offering end-to-end space and defense capabilities. It operates in three segments—Defense & National Security, Space Solutions, and Starlab Space Stations—and earns much of its revenue from U.S. government contracts for missile defense, propulsion, and signals intelligence, while handling mission planning, payload integration, launch support, and on-orbit operations. Its flagship Starlab space station, developed with Airbus for a single-launch deployment on a SpaceX Starship, plus the Bishop Airlock and lunar initiatives from Astrobotic, illustrate its integrated space infrastructure. The company aims to grow the commercial space economy and extend human activity in space by providing a continuous private space platform in low Earth orbit for government and commercial users.
Company Size
201-500
Company Stage
IPO
Headquarters
Denver, Colorado
Founded
2019
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Helicity Space has raised $5 million in seed funding to develop its fusion-powered space propulsion technology. The round was led by Airbus Ventures, TRE Ventures, Voyager Space Holdings, E2MC Space, Urania Ventures, and Gaingels. The company's Helicity Drive technology uses plectonemic plasma jets, magnetic reconnection, and peristaltic magnetic compression to create scalable fusion propulsion engines. Founders Dr Setthivoine You, Marta Calvo, and Stephane Lintner bring expertise from plasma physics, chemical engineering, and finance. The technology aims to make space travel faster, safer, and more fuel-efficient. Dr You addressed concerns about the modest funding amount, explaining their scalable approach allows starting small with fewer plasma sources before expanding. The company is focusing on space propulsion first before pursuing terrestrial energy applications.
Voyager Technologies has priced its offering of $350 million in convertible senior notes due 2032. The notes carry a 0% interest rate and will settle on 28 September 2026. The initial conversion price is approximately $40.82 per share, representing a 30% premium over Voyager's Class A common stock price of $31.40 on 23 September 2026. Initial purchasers have an option to buy an additional $52.5 million in notes. Voyager expects net proceeds of approximately $340.4 million after fees. The company will use roughly $45.7 million to fund capped call transactions, with the remainder supporting general corporate purposes, including organic growth and strategic acquisitions. The capped call transactions have an initial cap price of $78.50 per share, a 150% premium over the current stock price. These are designed to reduce potential dilution upon conversion of the notes.
Voyager Technologies has delivered and integrated quick disconnect plates for the European Space Agency's In-Flight Demonstrator rocket. The company worked under contract to Avio, ESA's prime contractor for the PNRR-STS Programme, as part of Italy's National Recovery and Resilience Plan. Voyager designed, built and integrated a dual-interface quick disconnect system comprising a flight unit installed internally and a ground unit mounted externally. These components connect internal fuel systems to ground infrastructure and safely detach during launch operations. The IFD is a single-stage rocket equipped with a cryogenic liquid oxygen and methane engine. The project is funded by the European Union's NextGenerationEU programme and Italy's Complementary Fund. Matt Magaña, president of Space, Defense & National Security at Voyager, said the delivery demonstrates the company's ability to provide flight-ready systems efficiently.
Voyager Technologies reported record second-quarter 2026 results, with revenue reaching $53 million, up 51% sequentially. The company also achieved record bookings of $113 million and record backlog of $336 million. Chief executive Dylan Taylor said demand across defence modernisation, national security, and the space economy continues to accelerate. He noted that bookings consistently outpace revenue, indicating durable customer demand. Voyager recently completed the acquisition of Astrobotic, which expands its participation in the lunar economy. The company raised its full-year revenue guidance based on strong performance and growing backlog. Taylor emphasised that programmes are transitioning from development into production, providing increased visibility into the remainder of 2026 and 2027.
Voyager Technologies shares surged roughly 70% this week following strong second-quarter results. The aerospace company's revenue jumped 51% quarter-on-quarter to $52.7 million, with record bookings of $113 million bringing its backlog to $335.5 million. The Trump Administration's Golden Dome missile defence project has become a major growth driver, with related awards totalling $84 million. Voyager recently completed its acquisition of Astrobotic, strengthening ties to NASA's lunar lander programmes. The company posted an adjusted loss of $41 million, or $0.70 per share, beating Wall Street's expectation of a $0.91 loss. Voyager expects full-year 2026 revenue to grow 66% to 84%, reaching $275 million to $305 million.