Voyager Technologies IPO Raises $402.3 Million But Stock Plummets to 155th in Trading Volume

On June 12, 2025, Voyager Technologies (VOYG) experienced a significant decline, with its trading volume dropping by 62.4% to $542 million, placing it at the 155th position in the day's stock market rankings. The company's stock price fell by 12.36%.

Voyager Technologies, Inc. successfully completed its initial public offering (IPO) on June 12, 2025. The IPO generated approximately $402.3 million in net proceeds, which the company plans to allocate towards strategic growth initiatives, research and development, and potential mergers and acquisitions. The offering included 14,200,645 shares of Class A common stock, with an additional 1,852,258 shares exercised by underwriters. The stock began trading on the New York Stock Exchange under the ticker symbol "VOYG" on June 11, 2025.

Despite the successful IPO, Voyager Technologies' current valuation appears stretched due to widening losses and significant cash burn, despite strong revenue growth. The company's post-IPO rally of 139% has raised concerns about its valuation, as investors weigh the potential for future growth against current financial performance.

Voyager Technologies is a defense and space technology company focused on delivering transformative, mission-critical solutions. The company aims to advance human progress, fortify national security, and protect critical assets from ground to space. The successful IPO and subsequent trading on the NYSE mark a significant milestone for Voyager, as it seeks to expand its strategic growth initiatives and research and development programs.