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Voyager Technologies Stock Surges 11% on BridgeComm Acquisition
Voyager Technologies Stock Surges 11% on BridgeComm Acquisition
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BTCCSquare news:
Voyager Technologies (VOYG) shares jumped 11.05% after announcing the acquisition of BridgeComm Technologies, a MOVE aimed at accelerating optical communication solutions for defense and commercial markets. The lack of disclosed financial details leaves analysts questioning the valuation impact.
Market enthusiasm contrasts with Voyager's unprofitable track record—$82 million in losses over the past year. The acquisition's strategic rationale focuses on faster development cycles, though concrete revenue opportunities remain unspecified.
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