Voyager Technologies

Voyager helps governments and companies protect national security and explore space. Its defense systems detect threats, while its space solutions support satellites and research. The company’s work enables safer borders and new discoveries in orbit.

Products and Services

• Defense Systems: Missile interceptors, hypersonic missiles, and guidance tools for military clients (72.1% of 2025 revenue).
• Signal Intelligence: Software that analyzes data from space-based sensors for defense agencies.
• Space Infrastructure: In-space propulsion and modules for satellite servicing and research (27.9% of 2025 revenue).
• Mission Management: Services for planning, operating, and supporting over 1,000 space missions.
• Commercial Space Stations: Starlab, a planned private space station, aims to host research and industry in orbit (0% of 2025 revenue).

Growth and Expansion

• Acquired ElectroMagnetic Systems (AI radar analytics), ExoTerra Resources (propulsion), and Estes Energetics (propellants) in 2025.
• Formed Starlab Space LLC joint venture with Airbus, Mitsubishi, MDA Space, and others in 2025.
• Secured NASA’s largest Phase I grant for Starlab in 2025.
• Expanded U.S. government contracts, driving 58.7% growth in defense segment revenue in 2025.
• Entered commercial space station market with Starlab, targeting post-2030 International Space Station replacement.

What Makes Voyager Special

Voyager combines hardware, software, and services across defense and space, serving both government and commercial clients. Its vertical integration, from manufacturing to mission management, helps control costs and supply chains. The company’s partnerships and acquisitions support innovation and access to new markets.

Five Things You Need to Know

• Net sales were $166.4 million in 2025, up 15.4% from 2024.
• Defense & National Security segment made up approximately 72% of 2025 revenue.
• Starlab segment is pre-revenue; $183.2 million NASA grant received by end-2025.
• Net loss was $112.3 million in 2025, up 71.2% from 2024.
• Cash and equivalents were $491.3 million at December 31, 2025.

Bottom Line

Voyager has grown through acquisitions and partnerships, expanding from defense into commercial space. Its integrated approach and focus on innovation position it as a key player in both sectors.