Palantir-Backed Voyager’s IPO Tests Market Demand for Space Stocks
Voyager Technologies, a defense and space technology company backed by Palantir Technologies (PLTR) and Lockheed Martin (LMT), is set to debut on the New York Stock Exchange under the ticker "VOYG" on June 11. The IPO, priced at $31 per share—above the initial range of $26-$29—values the company at $1.90 billion. This listing follows Circle Internet Group’s (CRCL) recent blockbuster IPO and precedes Chime Financial’s anticipated debut.
Voyager’s strong financial footing includes a $217.5 million NASA contract to design Starlab, a commercial space station slated to replace the International Space Station by 2030. The offering’s size was increased to 12.35 million shares, signaling robust institutional interest in high-growth space sector investments.