Voyager Technologies

PublicFounded 2019🇺🇸Denver, ColoradoCEO Dylan Taylor

Voyager Technologies is a Denver-based defense-technology and space-infrastructure company best known for leading Starlab, the international joint venture building a commercial successor to the International Space Station.

Latest update Oct 7, 2026

Overview

Founded in October 2019 by Dylan Taylor as Voyager Space Holdings, the company grew by rolling up twelve space and defense firms - including Altius Space Machines and Pioneer Astronautics (2020), The Launch Company, Valley Tech Systems and Nanoracks (2021), Space Micro (2022), ZIN Technologies (2023), and Estes Energetics, ExoTerra Resource and LEOcloud (2025). Through Nanoracks it owns the Bishop Airlock, the first and only permanent commercial module on the ISS, operating since December 2020. Starlab won a $160M NASA Commercial LEO Destinations award in December 2021 (later raised to $217.5M) and evolved into Starlab Space LLC, a US-led JV with Airbus, Mitsubishi Corporation and MDA Space, with Palantir supplying station software, Hilton designing crew quarters and Northrop Grumman providing Cygnus resupply. The single-launch, 8-meter-class station - with roughly half the ISS's pressurized volume - is contracted to fly on SpaceX's Starship, now targeted for 2029, and completed its Commercial Critical Design Review with NASA in February 2026, clearing the way for flight manufacturing. Voyager rebranded to Voyager Technologies in early 2025 to emphasize national security and went public on NYSE in June 2025, raising $382.8M and briefly touching a ~$3.8B valuation. Its Defense & National Security segment - solid and electric propulsion, energetics, signals intelligence and communications - is its fastest-growing business and put it on the Anduril-led team named among the Space Force's Golden Dome space-based-interceptor awardees in April 2026. On July 13, 2026 it closed its acquisition of Pittsburgh lunar-lander developer Astrobotic Technology ($162M cash and stock plus up to $129M in earnouts and $9M assumed debt), rebranding the unit Voyager Lunar Systems under continuing CEO John Thornton. NASA's June 30, 2026 Moon Base awards fund two Peregrine landers (Peregrine-2 and Peregrine-3) totaling $297.9M, each carrying three NASA payloads to the Gruithuisen Domes in 2028. The nearer-term proof point is Griffin-1, an infrastructure-class lander carrying 10 NASA/ESA/commercial payloads; as of the company page dated September 2, 2026 it had completed four of five JPL acceptance tests, with thermal-vacuum testing still ahead of a Falcon Heavy launch no earlier than late November 2026. As of September 10, 2026 Voyager traded around a $2.0B market cap, posted $166.4M of 2025 revenue, held $585.5M of total liquidity as of June 30, 2026, and had closed an upsized $250M J.P. Morgan-led credit facility on July 6, 2026. Q2 2026 results reported August 3 showed record revenue of $52.7M (up 51% sequentially), record bookings of $113.0M, and a record $335.5M backlog, prompting Voyager to raise 2026 revenue guidance to $275-305M; Starlab separately has signed over $500M of commercial reservations ahead of launch. On October 1, 2026 Voyager set Q3 results for after the close November 2, with the call November 3 at 9 a.m. ET. Starlab extended ISS CFP Step-1 proposals to October 21, 2026; the updated PDF still anticipates award notices December 18, 2026 and an indicative Q1 2028 flight. As of October 7 the CLDC Phase 2 final RFP was not readable on SAM.gov (JS-empty fetch) and NASA's CLDC page timed out; the September 4 notice had expected an end-of-September release. Oct 5: $22.4M SCO OTA for prototype small-sat dispensers. Oct 6: CASIS contract to manage Symphony Biosciences' SymphNode ISS experiment.

voyagertechnologies.comUpdated Oct 7, 2026

Analysis · 5 min read · Sep 13, 2026The long view on Voyager Technologies: strategy, technology and what to watch

What's next10

All milestones

2026-2027
Move Starlab into flight-hardware manufacturing
Following the February 2026 Commercial Critical Design Review - the 28th NASA milestone - Starlab transitions from design validation to manufacturing, fabrication, testing and assembly of the flight station. The program has now signed over $500M of commercial reservations (approaching $600M) ahead of launch, and NASA Space Act Agreement milestone payments (~$211M of the $217.5M awarded received through Q2 2026) are moderating as the program shifts toward Phase 2 commercialization. Watch for structural test article and long-lead hardware milestones.
investors.voyagertechnologies.com
Oct 2026
NASA posts the CLDC Phase 2 final RFP
sam.gov
2026
Publish Q3 2026 financial results
TargetAfter close November 2, 2026; call November 3, 2026 9 a.m. ET
voyagertechnologies.com
2026
Launch Griffin-1 to the Moon's south pole
Griffin-1, the infrastructure-class lander Astrobotic (now Voyager Lunar Systems) built for NASA's now-cancelled VIPER rover, carries 10 NASA, ESA and commercial payloads - including Venturi Astrolab's FLEX Lunar Innovation Platform (FLIP) rover - to the Nobile Crater region near Mons Mouton at the lunar south pole. As of September 2, 2026 it had completed four of five JPL acceptance tests (mass properties, EMI/EMC, acoustic, and sine vibration), with multi-week thermal-vacuum testing still ahead. The mission is targeted to launch on a SpaceX Falcon Heavy from Kennedy Space Center no earlier than late November 2026.
voyagertechnologies.com
Dec 2026
Select Starlab ISS research teams from the Swiss CFP
Starlab's September 11, 2026 call for ISS microgravity proposals, run with the Center for Space and Aviation Switzerland and Liechtenstein, takes Step-1 questions through September 25 and proposals through October 9. Up to four teams will be selected, with award notices expected in December 2026 and flights targeted for 2028.
marketscreener.com

Dec 18, 2026
Send Starlab ISS CFP award notifications
TargetDecember 18, 2026 (anticipated; indicative Q1 2028 ISS flight)
starlab-space.com
Early 2027
Win a NASA CLD Phase 2 award
NASA released the Phase 2 draft RFP on July 6, 2026 and closed the industry feedback window on July 27. A September 4, 2026 NASA Johnson Space Center presolicitation now says the final Commercial LEO Destination Contract RFP is expected at the end of September 2026, with offers due 60 days after release (roughly late November) and contractual questions due September 15. An award is still expected in early-to-spring 2027. CEO Dylan Taylor has publicly pushed NASA for relaxed Phase 2 requirements. NASA plans at least two early development contracts for commercial space stations before a later down-select. Winning is the pivotal catalyst for Starlab's multi-billion-dollar opportunity.
sam.gov
Early 2027
Hit raised FY2026 revenue guidance
After a record Q2 2026 (revenue $52.7M, up 51% sequentially; bookings $113.0M; backlog $335.5M), management raised full-year 2026 revenue guidance again on August 3 to $275-305M (66-84% YoY growth over 2025's $166.4M), from a prior $230-255M range. No Q3 2026 results had been reported as of September 13, 2026; whether the back half of the year lands within the raised range, and whether losses narrow, is the next test.
financialcontent.com
2028
Integrate Astrobotic and execute Peregrine-2 and Peregrine-3 lunar deliveries
With the Astrobotic acquisition closed on July 13, 2026, the unit has been rebranded Voyager Lunar Systems (Astrobotic CEO John Thornton remains in charge). NASA's June 30 Moon Base awards fund two Peregrine landers totaling $297.9M - Peregrine-2 and Peregrine-3 - each carrying three NASA payloads to the Gruithuisen Domes in 2028, with leftover commercial capacity still for sale. Watch for hardware and manifest updates on both flights and further CLPS task-order wins.
astrobotic.com
2029
Launch Starlab on Starship
The complete station is contracted to launch in a single SpaceX Starship flight, currently targeted for 2029 - timed to provide continuous LEO access before the ISS is retired around 2030.
payloadspace.com

Latest news8

All news

Oct 102026
NASA posts final commercial space-station RFP
NASA Johnson Space Center posted the final Commercial LEO Destination Contract RFP (80JSC027R0004) on Oct. 9, with proposals due Dec. 8 at 1 p.m. Central. The solicitation supersedes the draft RFP and seeks firms to design, build, certify and operate commercial LEO destinations. Axiom, Voyager's Starlab and Vast each said they will compete; NASA told Ars it plans to select two or more contractors, with a decision expected in April.
sam.gov arstechnica.com + Axiom Space + Vast
Oct 72026
Voyager wins $22.4M Pentagon OTA for sat dispensers
Voyager Technologies said on Oct. 5 it received a $22.4 million Other Transaction Agreement from the Department of War Strategic Capabilities Office to prototype next-generation satellite deployment systems. Under the OTA, Voyager is to deliver prototype but flight-ready small-sat dispensers meant to use leftover launch payload capacity without displacing primary missions, with the stated objective of transitioning the capability to the U.S. Space Force. The company release and follow-on reporting do not disclose a delivery schedule, launch-vehicle list, follow-on production award, or revenue-recognition timing.
voyagertechnologies.com www.techtimes.com
Sep 302026
Anduril and Voyager formalize $60M weapons-propulsion partnership
Anduril Industries and Voyager Technologies announced a strategic partnership on September 29, 2026 to speed development, testing, qualification and production of technologies for U.S. weapon systems and missile defense. A joint Business Wire release said Voyager is already contracted to supply more than $60 million of hardware to Anduril, including solid rocket motors and divert and attitude control systems. Voyager said its Pueblo, Colorado American Defense Complex is intended, when fully scaled, to support about 15,000 to 20,000 propulsion systems a month; that figure is a facility target, not current output.
finviz.com defence-industry.eu + Anduril Industries
Aug 302026
Starlab space station lands Global Venture Management backing
Starlab Space, the commercial space station joint venture led by Voyager Technologies alongside Airbus, Mitsubishi Corporation, MDA Space, Palantir Technologies and Space Applications Services, announced on August 19 a strategic investment from Global Venture Management. The investment amount was not disclosed, but Starlab said it adds to a deepening pool of institutional capital backing the station as it works to become the leading post-ISS commercial outpost in low Earth orbit.
Voyager Technologies StockTitan
Aug 112026
Voyager wins Space Force contract for space-to-space comms
Voyager Technologies was awarded a contract on August 10 by the U.S. Space Force's Space Systems Command to develop space-to-space communication capabilities supporting a resilient data transport architecture for the Department of Defense. Under the award, Voyager will design a flight-ready waveform capable of operating across a variety of orbits and perform an on-orbit communication demonstration, extending its Defense & National Security segment into proliferated-LEO data relay work alongside its recent Golden Dome interceptor and Raytheon SM-3 propulsion contracts.
StockTitan

Products4

Key metrics

Employees: ~800 across 14 locations; as of Dec 31, 2025, per the FY2025 10-K
Est. annual revenue: $166.4M; (FY2025); Q2 2026 revenue $52.7M, up 51% sequentially; 2026 guidance raised to $275-305M, still the latest official range as of September 13, 2026
Market cap: ~$2.0B; $32.97/share close on September 10, 2026
Revenue (FY2025): $166.4M (+15% YoY)
Q2 2026 Net Loss: $(46.5)M; ($(0.79)/share); Adjusted EBITDA loss of $(38)M - management frames 2026 as an investment year, with losses driven by scaling Defense & National Security and Starlab
2026 revenue guidance: $275M-$305M; (raised with Q2 2026 results, from a prior $230M-$255M; 66-84% YoY growth); still the latest official range as of September 13, 2026, with no Q3 2026 results yet
Total backlog: $335.5M (Q2 2026, record)
NASA Starlab Space Act Agreement: $217.5M awarded; ($160M in 2021 + $57.5M in 2024); ~$211M received via milestone payments through Q2 2026 (a $4M milestone completed in the quarter), with milestone funding now naturally moderating as the program shifts from Phase I development toward Phase 2 commercialization
Starlab commercial reservations: Over $500M signed, approaching $600M as of the Q2 2026 earnings call (Aug 3, 2026) - government and commercial customer commitments ahead of a station that has not yet launched
Liquidity: $585.5M total available liquidity as of June 30, 2026: $373.4M cash and cash equivalents plus $212.1M of available revolver capacity under the $250M J.P. Morgan-led credit facility (upsized July 6, 2026, with an accordion for up to $150M more)
Starlab target launch: 2029, single launch on SpaceX Starship
NASA CLPS Peregrine awards: $297.9M total for two Peregrine landers; (Peregrine-2 and Peregrine-3) to the Gruithuisen Domes by end-2028
Convertible notes (2032): $402.5M 0% senior unsecured notes due Oct 15, 2032 issued Sept 28, 2026 (~$391.6M net); initial conversion ~$40.82; capped calls cost ~$52.5M at $78.50 cap (8-K)
Market cap (Sept 30, 2026): About $1.78B; (MarketBeat and Defense World, Sept 30, 2026). VOYG opened $30.55 per MarketBeat; Defense World last-traded $32.73 the same session.
Q3 2026 results date: Company date: results after the close Monday, November 2, 2026; earnings call Tuesday, November 3, 2026 at 9 a.m. ET (Voyager, Oct 1, 2026). Not yet printed.

Operations & revenue

Operating status

Public; official Q3 date Nov 2; CLDC RFP unread in fetched sources

On Oct 1, 2026 Voyager said Q3 2026 results publish after the close Nov 2, with the call Nov 3 at 9 a.m. ET. Griffin-1 company page dated Sept 2 still lists four of five JPL tests, with thermal-vacuum next; no completion notice was on the Oct 7 newsroom. Starlab's CFP page extended Step-1 to Oct 21, 2026 23:59:59 ET (questions closed); the updated PDF still lists award notices Dec 18, 2026 and an indicative Q1 2028 flight. SAM.gov CLDC notice fetched Oct 7 returned chrome only, with no readable final RFP; NASA's CLDC page timed out twice. Hashed October 2026 RFP nextStep left pending: October is not over and no sourced new NASA date was found. Oct 5: $22.4M SCO OTA for prototype small-sat dispensers. Oct 6: CASIS contract for Symphony Biosciences SymphNode ISS work. Q2 remains the latest earnings print.

Revenue streams

Defense & National Security
Solid-fuel and electric propulsion, energetics, radiation-hardened electronics, signals intelligence, communications and AI-powered edge computing for defense customers - the fastest-growing segment (63% YoY growth in Q4 2025), including work on the Anduril-led Golden Dome space-based interceptor team, a spot on the Air Force's $46B agile acquisition contract vehicle, a May 26, 2026 DARPA 'Burn n' Go' Phase 2 contract ($16.5M) for tailorable solid-rocket-motor technology, a July 9, 2026 agentic-AI spectrum-operations platform contract, a July 20, 2026 Sandia National Laboratories mission-management contract for the 'Big Boy' ISS demonstration, an August 4, 2026 Raytheon contract to supply solid controllable throttleable propulsion and divert/attitude control systems for the SM-3 missile-defense interceptor family, and an August 10, 2026 Space Force Space Systems Command contract to develop space-to-space communication capabilities.
Space Solutions
ISS commercial services through the Bishop Airlock (payload hosting, satellite deployment, trash disposal), in-space electric propulsion systems, and space science and exploration hardware drawing on Nanoracks and ZIN Technologies heritage - anchored by a new four-year, $24.5M NASA Johnson Space Center IDIQ contract (Feb 9, 2026) for full-service ISS mission management, building on more than 50 task orders executed under the prior JSC services contract.
Starlab (NASA milestones today, station services later)
Milestone payments under the $217.5M NASA Commercial LEO Destinations Space Act Agreement fund development today (~$211M received through Q2 2026, with milestone funding now moderating as the program shifts toward Phase 2 commercialization); Starlab has already signed over $500M of commercial reservations ahead of launch, and after launch Starlab Space (majority-owned JV) would sell astronaut time, payload racks and research services to NASA, international agencies and commercial customers as an ISS replacement.
Lunar Delivery & Infrastructure (Voyager Lunar Systems, formerly Astrobotic)
Added with the July 13, 2026 close of the Astrobotic acquisition and rebranded Voyager Lunar Systems (Astrobotic CEO John Thornton continues to lead it): commercial lunar payload delivery via the Griffin and Peregrine landers under NASA's Commercial Lunar Payload Services program. Griffin-1 - carrying 10 NASA, ESA and commercial payloads - had completed four of five JPL acceptance tests as of September 2, 2026, with thermal-vacuum testing still ahead of a Falcon Heavy launch no earlier than late November 2026. NASA's June 30 Moon Base awards fund two Peregrine landers (Peregrine-2 and Peregrine-3) totaling $297.9M to the Gruithuisen Domes in 2028. The unit also develops lunar power systems (LunaGrid), planetary mobility, and expandable habitats with Max Space.

Track record

How past announced dates turned out.

2/4announced dates hit on time

2 Hit
2 Slipped
0 Missed

Hit
Close the Astrobotic acquisition
Target July 2026 · Resolved Jul 13, 2026
Voyager completed the acquisition of lunar-lander maker Astrobotic on July 13, 2026 - $162M in cash and stock plus up to $129M in earnouts and $9M assumed debt - on the timeline signaled at announcement, and the same day disclosed a ~$298M NASA CLPS task order (Peregrine-2 to the Gruithuisen Domes in 2028) won under the deal.
Original target Outcome
Slipped
Starlab launch in 2028
Target 2028 · Resolved Jul 8, 2026
The 2028 launch target communicated through 2024-2025 slipped again: 2026 reporting around NASA's CLD Phase 2 draft RFP puts Starlab's launch in 2029.
Original target Outcome
Hit
Complete IPO on NYSE
Target June 2025 · Resolved Jun 11, 2025
Priced at $31 on June 10, 2025 and began trading as VOYG on June 11, raising $382.8M with an 84% first-day pop to $57.13.
Original target Outcome
Slipped
Starlab operational in orbit by 2027
Target 2027 · Resolved Jan 31, 2024
The October 2021 announcement targeted a free-flying station by 2027, but by the time Starlab booked its Starship launch in January 2024 the target had moved to 2028.
Original target Outcome

Timeline31

2026
1. CASIS contract to manage Symphony Biosciences ISS cancer-implant study
  On October 6, 2026 Voyager said it signed a contract with the Center for the Advancement of Science in Space to manage Symphony Biosciences' SymphNode biopolymer cancer-implant experiment aboard the ISS. Voyager will adapt hardware, clear NASA safety reviews, manage launch integration and stowage, oversee on-orbit operations such as incubation and fluorescence reading, and return samples, data and close-out reporting. The release does not disclose contract value or a flight date.
2. Wins $22.4M SCO OTA for prototype small-sat dispensers
  On October 5, 2026 Voyager announced a $22.4 million Other Transaction Agreement with the Department of War Strategic Capabilities Office to prototype next-generation satellite deployment systems, with the stated objective of transitioning the capability to the U.S. Space Force. Under the OTA Voyager is to deliver prototype but flight-ready small-sat dispensers meant to use leftover launch payload capacity without displacing primary missions. SpaceNews the same day described it as a Pentagon award for flight-ready small-satellite deployers. The announcement does not disclose a delivery schedule, follow-on production award, or revenue-recognition timing.
3. Starlab extends ISS CFP Step-1 deadline to October 21
  Starlab's CFP page now says Step-1 proposals are due Wednesday, October 21, 2026 at 23:59:59 Eastern after an extension from the September 11 press release's October 9 date, and the Step-1 question deadline has passed. The updated CFP PDF still lists anticipated award notifications on December 18, 2026 and an indicative Q1 2028 ISS flight, subject to ISS, launch-provider, integration, safety, regulatory and funding schedules. Step-2 invitations are listed for October 28 and Step-2 proposals November 24.
4. Sets official Q3 2026 results date for November 2
  On October 1, 2026 Voyager said third-quarter 2026 results will be published after the market closes Monday, November 2, 2026, with the earnings call Tuesday, November 3 at 9 a.m. ET. The release and presentation will be posted on the investor-relations site before the call. This is a company date, not an analyst estimate. Q2 2026 remains the latest reported quarter.
5. Adds two Exobiosphere ISS drug-screening campaigns for 2027
  On September 24, 2026 Voyager and Exobiosphere said two additional OHTS screening campaigns will fly after the platform's planned April 2027 ISS installation: one on a CRS mission in June 2027 and one in August-September 2027. Customers were unnamed. Voyager Europe handles mission management with Nanoracks / Voyager Space Solutions in Houston. These are scheduled research campaigns, not completed flights.
6. Closes $402.5M 0% convertible notes due 2032
  On September 28, 2026 Voyager issued $402.5 million aggregate principal of 0% convertible senior notes due October 15, 2032, including $52.5 million from full exercise of the initial purchasers' option (Form 8-K filed the same day; period of report September 22). Initial conversion rate 24.4978 Class A shares per $1,000, or about $40.82, a roughly 30% premium to the $31.40 last sale on September 23. Net proceeds about $391.6 million; about $52.5 million funded capped calls with a $78.50 cap. A Fifth Amendment to the JPMorgan credit agreement on September 22 raised the convertible-debt basket. This is a second convert stack alongside the November 2025 0.75% notes due 2030.
7. Formalizes Anduril weapons and propulsion partnership
  On September 29, 2026 Voyager Technologies and Anduril announced a strategic partnership for U.S. weapon systems and missile defense. Voyager is contracted to supply more than $60 million of technologies to Anduril, including solid rocket motors and divert and attitude control systems. Voyager president Matt Magana said the company has invested more than $500 million in propulsion, energetics and manufacturing capacity, and that the American Defense Complex in Pueblo, Colorado is intended, when fully scaled, to support about 15,000 to 20,000 propulsion systems a month.
8. Starlab opens ISS microgravity research call with Swiss partners
  On September 11, 2026 Starlab Space and the Center for Space and Aviation Switzerland and Liechtenstein opened an international call for proposals to fly advanced microgravity research on the ISS. Up to four teams will be selected: one Starlab-funded award open worldwide and three awards funded with CSA and the Canton of Zurich. Step-1 questions are due September 25 and proposals October 9, with award notices expected in December 2026 and flight opportunities targeted for 2028.

2026
1. Griffin-1 completes four of five JPL acceptance tests
  On September 2, 2026 Voyager said Griffin-1 had completed the fourth of five acceptance tests at NASA's Jet Propulsion Laboratory, covering mass properties, electromagnetic interference and compatibility, acoustic, and sine vibration testing. The remaining campaign is multi-week thermal-vacuum testing. CEO Dylan Taylor said Voyager now has three CLPS missions planned within three years: Griffin-1 plus Peregrine-2 and Peregrine-3.
2. Griffin-1 lander enters environmental testing at NASA JPL
  Following mass-properties testing, Griffin-1 - Voyager Lunar Systems' infrastructure-class lander carrying 10 NASA, ESA and commercial payloads to the lunar south pole - is shipped to NASA's Jet Propulsion Laboratory for environmental testing (vibration and thermal-vacuum) simulating launch and the cislunar journey, a critical step toward a Falcon Heavy launch no earlier than November 30, 2026 as part of NASA's Moon Base cargo program.
3. Wins Space Force contract for space-to-space communications
  On August 10, 2026 Voyager is awarded a U.S. Space Force Space Systems Command contract to develop space-to-space communication capabilities supporting a resilient data transport architecture for the Department of Defense. Voyager will develop a flight-ready waveform design for a variety of orbits and perform an on-orbit communication demonstration, extending its Defense & National Security segment into proliferated LEO data-relay technology.
4. Wins Raytheon contract for SM-3 propulsion technology
  On August 4, 2026 Voyager is awarded a contract by Raytheon, an RTX business, to advance propulsion technologies for the Standard Missile-3 (SM-3) interceptor family. Voyager will supply its solid controllable throttleable propulsion technology and divert, attitude and control systems (DACS) - precision subsystems that enable accuracy during the exo-atmospheric midcourse phase of flight - adding a new missile-defense propulsion line to its Defense & National Security segment.
5. Q2 2026 results: record backlog, guidance raised again
  Voyager reported record Q2 2026 revenue of $52.7 million (up 51% sequentially), record bookings of $113.0 million (2.1x book-to-bill), and a record $335.5 million backlog on August 3, 2026. The company raised full-year 2026 revenue guidance to $275-305 million from a prior $230-255 million range, citing accelerating defense demand, the completed Astrobotic acquisition, and $84.3 million in Golden Dome-related awards; shares jumped more than 13% after hours.
6. Wins Sandia National Laboratories mission-management contract
  On July 20, 2026 Voyager is awarded a contract to provide end-to-end mission management - experiment design, payload integration, safety review, manifest and mission planning, and on-orbit operations - for Sandia National Laboratories' 'Big Boy' demonstration, which will fly to the ISS in 2027 integrated with Voyager's NEL external payload platform on the Bishop Airlock.
7. Closes Astrobotic acquisition, rebrands it Voyager Lunar Systems, wins ~$298M NASA lunar contract
  On July 13, 2026 Voyager completes its acquisition of Pittsburgh-based lunar company Astrobotic Technology, first announced June 2 - paying $162M in cash and stock plus the assumption of $9M in debt, with up to $129M in earnouts tied to performance milestones - and rebrands the unit Voyager Lunar Systems, with Astrobotic's Moon Base headquarters becoming the center of Voyager's lunar program and longtime Astrobotic CEO John Thornton staying on to lead it. The same day Voyager disclosed that Astrobotic had been awarded a roughly $298M NASA Commercial Lunar Payload Services task order (announced June 30, after the deal was signed) for the Peregrine-2 mission, which will deliver three NASA payloads to the Gruithuisen Domes in 2028 to study the lunar radiation environment, analyze landing-engine plume interactions, and establish a long-term navigational reference point, under NASA's Artemis-aligned Moon Base initiative.
8. NASA releases CLD Phase 2 draft RFP
  After pausing the Phase 2 acquisition in January 2026 to revisit requirements, NASA releases a draft request for proposals on July 6, 2026, planning at least two early development contracts for commercial space stations. Industry feedback is due July 27, positioning Starlab for the decisive ISS-replacement competition.
9. Closes upsized $250M J.P. Morgan-led credit facility
  On July 6, 2026 Voyager amends its May 2025 credit agreement with JPMorgan Chase, lifting total lender commitments by $50M to $250M and revising covenants, while preserving the ability to request up to $150M more through an accordion feature. CFO Phil De Sousa: 'We continue to maintain a fortress balance sheet.'
10. Agrees to acquire Astrobotic for up to $300M
  On June 2, 2026 Voyager announces the acquisition of Pittsburgh lunar-lander company Astrobotic Technology - $162M in cash and stock plus up to $129M in earnouts and $9M of assumed debt - expanding into commercial lunar delivery and lunar power. The deal was expected to close by early July 2026.
11. Wins $16.5M DARPA 'Burn n' Go' Phase 2 contract
  On May 26, 2026 Voyager is awarded a 20-month, $16.5M DARPA Burn n' Go Phase 2 contract to develop and validate propellant-embedded control technology giving solid rocket motors tailorable, post-manufacturing thrust control, culminating in hot-fire demonstrations - adding a new propulsion R&D line to the Defense & National Security segment.
12. Named in Space Force Golden Dome interceptor awards
  On April 24, 2026 the Space Force reveals up to $3.2B in contracts to 12 companies to develop Golden Dome space-based interceptors. Voyager participates on the Anduril-led team alongside Impulse Space and K2 Space, contributing energetics, propulsion, and digital avionics and communications technologies.
13. Starlab completes NASA Commercial Critical Design Review
  On February 23, 2026 Starlab completes its Commercial Critical Design Review with NASA - the 28th milestone under its Space Act Agreement - confirming the design is mature and executable and marking the transition from design to manufacturing, fabrication, testing and assembly.
14. Wins $24.5M NASA Johnson Space Center mission-management IDIQ
  On February 9, 2026 Voyager wins a new four-year, $24.5M ceiling Indefinite Delivery/Indefinite Quantity contract from NASA's Johnson Space Center for full-service ISS mission management - payload integration, mission operations, safety and compliance, and post-mission closeout - building on the more than 50 task orders Voyager executed under its prior JSC services contract, including Bishop Airlock waste-deployment operations.
2025
1. IPO on NYSE raises $382.8M
  Voyager prices its IPO at $31 per share and begins trading on the NYSE as VOYG on June 11, 2025, selling 14,200,645 shares for $382.8M. Shares close their first day up more than 80% at $57.13, valuing the company as high as ~$3.8B.
2. Rebrand to Voyager Technologies
  Voyager Space rebrands as Voyager Technologies in early 2025 to reflect an expanded focus on national security alongside its space business. The company organizes around Defense & National Security, Space Solutions and Starlab segments.
2024
1. Mitsubishi and MDA Space become Starlab equity partners
  Mitsubishi Corporation joins the Starlab joint venture as an equity owner in April 2024, followed by Canada's MDA Space on May 29, 2024, which contributes SKYMAKER robotic arms and external robotics. Palantir (station software/AI, February 2024), Hilton (crew quarters, 2022) and Northrop Grumman (Cygnus resupply, 2023) round out the partner network.
2. Starlab Space LLC finalized; NASA funding grows to $217.5M; Starship booked
  The Voyager-Airbus JV Starlab Space LLC closes on January 9, 2024, and NASA adds $57.5M to the Space Act Agreement (total $217.5M) on January 5. On January 31 Starlab books SpaceX's Starship to launch the entire station in a single flight.
2023
1. Airbus joins Starlab; transatlantic JV formed
  Airbus Defence and Space joins the Starlab program in January 2023, replacing Lockheed Martin and shifting the design from inflatable to a rigid metallic 8-meter-class module. Voyager and Airbus formalize a joint venture agreement in August 2023 after passing NASA's Systems Requirements Review in June.
2021
1. NASA awards Starlab $160M CLD agreement
  In December 2021 NASA selects the Nanoracks/Voyager-led Starlab team for a $160M Commercial LEO Destinations Space Act Agreement - the largest of three awards, ahead of Blue Origin's Orbital Reef ($130M) and Northrop Grumman ($125.6M). Starlab is proposed as a free-flying successor to the ISS.
2. Nanoracks acquisition anchors the roll-up
  Voyager acquires a majority stake in X.O. Markets, parent of ISS-services leader Nanoracks, in May 2021 - its marquee acquisition among twelve since 2019, including Altius Space Machines and Pioneer (2020), The Launch Company and Valley Tech Systems (2021), Space Micro (2022) and ZIN Technologies (2023).
2020
1. Bishop Airlock reaches the ISS
  The Nanoracks Bishop Airlock, the first permanent commercial module on the International Space Station, launches on SpaceX CRS-21 on December 6, 2020 and is berthed to the Tranquility module on December 19. Voyager acquires Bishop's owner Nanoracks the following year.
2019
1. Founded as Voyager Space Holdings
  Dylan Taylor founds Voyager Space Holdings in Denver in October 2019 as a holding company to consolidate NewSpace firms. The strategy is growth by acquisition across space infrastructure and services.

Funding

$866Mdisclosed across 3 rounds with a stated amount

Cumulative disclosed raise · dated rounds

RoundAmountInvestors

Growth round
Feb 2023
$80.2M
NewSpace Capital, Midway Venture Partners, Industrious Ventures, Seraphim Space
IPO (NYSE: VOYG)
Jun 2025
$382.8M
Public market investors (14,200,645 shares at $31.00; first-day close $57.13, ~$3.8B valuation)
0% convertible senior notes due 2032
September 28, 2026
$402.5M principal (~$391.6M net)
Rule 144A qualified institutional buyers

All Space Stations

Axiom Space

Space Stations +2

Blue Origin

Space Stations +2

CASC

Space Stations +2

Sierra Space

Space Stations +2

Vast

Space Stations +2

Airbus

Space Stations +1

Voyager Technologies

Overview

What's next10

Move Starlab into flight-hardware manufacturing

NASA posts the CLDC Phase 2 final RFP

Publish Q3 2026 financial results

Launch Griffin-1 to the Moon's south pole

Select Starlab ISS research teams from the Swiss CFP

Send Starlab ISS CFP award notifications

Win a NASA CLD Phase 2 award

Hit raised FY2026 revenue guidance

Integrate Astrobotic and execute Peregrine-2 and Peregrine-3 lunar deliveries

Launch Starlab on Starship

Latest news8

NASA posts final commercial space-station RFP

Voyager wins $22.4M Pentagon OTA for sat dispensers

Anduril and Voyager formalize $60M weapons-propulsion partnership

Starlab space station lands Global Venture Management backing

Voyager wins Space Force contract for space-to-space comms

Voyager wins Raytheon contract for SM-3 missile propulsion