The IPO Buzz: Voyager Technologies (VOYG Proposed) Launches $302.5 Million IPO

Voyager Technologies (VOYG Proposed), the company developing the Starlab Space Station, launched its $302.5 million IPO early today – Monday, June 2, 2025 – after disclosing its IPO terms in an S-1/A filing. Voyager Technologies, based in Denver, Colorado, is offering 11.0 million shares at a price range of $26.00 to $29.00 to raise $302.5 million, if priced at the $27.50 mid-point of its range. Under those terms, Voyager Technologies would go public at a market cap of about $1.51 billion. Morgan Stanley and J.P. Morgan are the lead joint book-runners. The book-running team includes Barclays, Jefferies, BofA Securities, KeyBanc Capital Markets and the Wolfe Nomura Alliance, according to the prospectus. Voyager Technologies is set to price its IPO next week – on Tuesday night, June 10, 2025 – to trade Wednesday, June 11 – on the New York Stock Exchange. In the prospectus, Voyager Technologies said its work is focused on defense, national security and the space industry. The company offers communications and intelligence collection systems, defense systems, advanced space technology, in-space infrastructure and space mission services. The company was founded in 2019. “Our key partners and customers include Palantir, NASA, Lockheed Martin, the U.S. Air Force and Sierra Space,” Voyager Technologies said in the prospectus. Voyager Technologies is not profitable, according to financial statements in the prospectus. For the year that ended Dec. 31, 2024, Voyager Technologies reported a net loss of $65.6 million on revenue of $144.2 million, the prospectus said. (For more information about these companies, please check the IPO Calendar and the individual IPO Profiles found on the IPOScoop.com  website.) Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board. To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message. Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the  shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.