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Voyager Technologies Launches IPO to Finance Starlab and Defense Expansion

Underwriters can buy extra shares to raise up to $367 million, with proceeds funding Starlab development, defense projects

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Overview

  • The offering covers 11 million Class A shares priced between $26 and $29 per share
  • Underwriters have a 30-day option to purchase up to 1.65 million additional shares, boosting potential gross proceeds to $367 million
  • Proceeds are earmarked for research and development, strategic acquisitions and expansion of the NASA-backed Starlab commercial space station
  • The January rebrand from Voyager Space reflects a new emphasis on defense applications, including missile precision and interceptor technologies
  • Morgan Stanley and JPMorgan are leading the NYSE listing under ticker VOYG for the six-year-old company with over 1,200 missions completed and 500 customers