Voyager Technologies Aims to Raise $3.03 Billion in IPO

Voyager Technologies, a leading aerospace and defense company based in Denver, Colorado, has unveiled the terms of its initial public offering (IPO). The company plans to issue 11 million shares at a price range of $26 to $29 per share, aiming to raise approximately $3.03 billion in capital. Anchor investors are expected to subscribe to $60 million worth of shares, representing 20% of the total offering. If priced at the midpoint of the range, Voyager Technologies' fully diluted market value would reach $1.6 billion.

Voyager Technologies specializes in providing defense and space station equipment and is actively developing space station technologies. The company's business is divided into three main segments: defense and national security, which provides communication technology, guidance navigation and control, signal intelligence, and defense systems; space solutions, which offers space infrastructure, advanced space technology, scientific systems, and mission services; and Starlab space station, which aims to build a commercial space station to succeed the International Space Station (ISS). The company's core partners and clients include Palantir, NASA, Lockheed Martin, the U.S. Air Force, and Sierra Space.

Founded in 2019, Voyager Technologies generated $148 million in revenue for the 12 months ending March 31, 2025. The company plans to list on the New York Stock Exchange under the ticker symbol VOYG. The underwriters for the offering include Morgan Stanley, JPMorgan Chase, Barclays, Jefferies, Bank of America Securities, KeyBanc Capital Markets, Nomura Securities, and WR Securities. The IPO is expected to be priced during the week of June 9, 2025.

The IPO represents a significant milestone for Voyager Technologies, providing the company with the necessary capital to support its ongoing research and development efforts, expand its market presence, and enhance its technological capabilities. The involvement of anchor investors, who are committing to a substantial portion of the offering, further underscores the market's interest in Voyager Technologies' future prospects. The successful completion of this IPO will not only provide Voyager Technologies with the necessary capital to pursue its ambitious goals but also serve as a testament to the growing interest in the aerospace and defense sector. As the company continues to innovate and expand, it is poised to play a significant role in the development of advanced space technologies and defense solutions.