Aerospace defense company Voyager Technologies (VOYG.US) has an IPO price of $26-29 per share and plans to raise US$303 million

The Zhitong Finance App learned that Voyager Technologies (VOYG.US), which provides defense and space station equipment and is developing the space station, announced the terms of its initial public offering (IPO) on Monday.

The Denver, Colorado-based company plans to raise $303 million by issuing 11 million shares in the $26 to $29 price range. Cornerstone investors plan to subscribe for shares worth 60 million US dollars (20% of the transaction size) in this offering. If calculated at the median price within the proposed price range, Voyager Technologies' fully diluted market value would reach 1.6 billion US dollars.

Voyager is a defense technology and space solutions company. Its business covers three major sectors: the Defense and National Security Department provides communications technology, guidance and control, signal intelligence and defense systems; the Space Solutions division provides space infrastructure, advanced space technology, scientific systems and mission services; and the Starlab Space Station division plans to build a commercial space station to replace the International Space Station (ISS). Its core partners and customers include Palantir (PLTR.US), National Aeronautics and Space Administration (NASA), Lockheed Martin (LMT.US), the US Air Force, and Sierra Space.

The company was founded in 2019 and achieved revenue of US$148 million in the 12 months ending March 31, 2025. The company plans to list on the New York Stock Exchange under the ticker VOYG. Morgan Stanley, J.P. Morgan Chase, Barclays, Jefferies, Bank of America Securities, KeyBanc Capital Markets, Nomura Securities, and WR Securities will act as joint bookkeepers for this offering. It is expected that the issuance price of this IPO will be determined in the week of June 9, 2025.