Voyager Technologies IPO Details
Voyager Technologies, a leading provider of space and defense technology solutions, raised $382.8 million in its U.S. initial public offering (IPO). The company sold approximately 12.35 million shares at $31 per share, exceeding its targeted price range of $26 to $29. This marks a significant milestone as the U.S. IPO market gains momentum after a period of volatility due to tariff concerns.
Background and Market Context
The Denver-based company’s IPO comes amidst growing global demand for military and defense technology, spurred by increased defense spending. The rise in military investments aligns with President Donald Trump’s administration’s push to amplify funding for space and defense projects. One notable initiative includes the $175 billion Golden Dome project, a next-generation U.S. missile defense shield.
Trading and Underwriters
Voyager Technologies’ stock will be traded on the New York Stock Exchange (NYSE) under the symbol “VOYG,” with the IPO launching on Wednesday. Morgan Stanley and J.P. Morgan are acting as the lead underwriters for the listing, further bolstering the company’s credibility in the space and defense tech sector.