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.
[embedpress] https://x.com/Share_Talk/status/1933120554053079424[/embedpress]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.
