Voyager Technologies soars 82% in market debut, valuing firm at $3.5 billion
Voyager Technologies rallied in after-hours trading on its first day as a public company, with shares closing at $56.50—an 82% gain over the $31 IPO price—on the New York Stock Exchange.
Trading under the ticker VOYG, the stock opened at $67 and briefly hit a high of $73.95, giving the defence and space technology firm an initial market valuation of around $3.5 billion.
The company raised $382 million by selling 12.35 million shares, an increase from the originally planned 11 million shares due to strong investor demand.
Voyager’s client list includes prominent names such as NASA, Palantir, and Lockheed Martin. It is currently developing the Starlab space station under a $217.5 million contract with NASA.
While the company posted a $65.6 million loss in 2024, enthusiasm for space-focused firms remains high. Analysts say investor interest is being driven by the growing commercial and defence applications of space technology, mirroring the success of recent listings like Karman Holdings.
