Voyager Technologies, a Denver-based space and defense company, plans to raise $1.6 billion through an IPO by offering 11 million shares on the New York Stock Exchange.
This funding seeks to support their Starlab Commercial Space Station project, emphasizing Voyager’s role in the aerospace and defense industries.
Voyager’s $1.6 Billion IPO and Share Details
Voyager Technologies announced plans for an IPO aiming to raise $1.6 billion. The company will offer 11 million shares on the New York Stock Exchange under the ticker “VOYG”, priced between $26 to $29 each.
Founded in 2019, Voyager specializes in aerospace and defense, boasting strategic partnerships with Airbus for the Starlab project, intending to replace the International Space Station. Key underwriters include Goldman Sachs and J.P. Morgan.
Capital Generation for Starlab and Market Signals
The IPO seeks to generate capital for the Starlab project, directly linked to the replacement of the ISS. The event underscores Voyager’s commitment to advancing commercial space stations amid global defense tech interest.
With no direct connections to blockchain or cryptocurrency, the IPO is unaffected by crypto market trends. Historical data shows strong investment interest in aerospace, potentially fostering investor confidence in Voyager’s trajectory.
Public Listings in Defense: Historical and Financial Insights
Historically, public listings in defense have led to increased investor attention. Companies like Maxar Technologies have seen similar IPOs, indicating a stable investment climate for aerospace ventures aiming for significant advancements.
Financial experts anticipate a successful IPO could bolster Voyager’s market position, supported by consistent government contracts. With 84% of revenue from the U.S. government, the sector remains lucrative despite cryptocurrency exclusion.
“Voyager Technologies…today announced that it has commenced the roadshow for its proposed underwritten initial public offering of 11,000,000 shares…” – Voyager Official Press Release
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