Voyager Technologies, which provides defense and space station equipment, and is developing a space station, raised $383 million by offering 12.3 million shares at $31, above the range of $26 to $29. The company offered 1.3 million more shares than originally anticipated. At pricing, the company commands a fully diluted market value of $1.9 billion.
Voyager is a defense technology and space solutions company. Its business spans three segments: Defense & National Security, which provides communications technologies, guidance, navigation and controls, signals intelligence, and defense systems; Space Solutions, which delivers space infrastructure, advanced space technology, science systems, and mission services; and Starlab Space Stations, which is a commercial space station planned to succeed the ISS. Key partners and customers include Palantir, NASA, Lockheed Martin, the US Air Force, and Sierra Space.
Voyager Technologies plans to list on the NYSE under the symbol VOYG. Morgan Stanley, J.P. Morgan, Barclays, Jefferies, BofA Securities, KeyBanc Capital Markets, Nomura Securities, and WR Securities acted as joint bookrunners on the deal.
