May 16 (Reuters) - Defense technology and space
solutions company Voyager Technologies has revealed a rise in
its 2024 revenue in filings for its initial public offering in
the United States on Friday.
The company confidentially filed for the IPO in January. It
did not disclose the number of shares it plans to sell or the
estimated price range for its listing.
The Denver, Colorado-based company's revenue rose to
about $144.2 million in 2024, compared with $136.1 million in
2023.
Founded in 2019, Voyager has completed more than 2,000
missions for commercial, civil, national security and non-profit
customers from about 35 nations, according to its website.
The IPO market has reopened as financial markets recover
sharply amid progress in trade talks, providing companies with
the opportunity to list their shares after several months of
tariff-driven turbulence.
In a related development, the space industry is experiencing
policy changes under the Trump administration.
The administration has
proposed
cutting 24% of NASA's current $24.8 billion budget - a
proposal that threatens to cancel major science programs but is
expected to boost the Mars-focused agenda advocated by
billionaire SpaceX CEO Elon Musk.
Voyager plans to list its shares on the New York Stock
Exchange under the symbol "VOYG", with Morgan Stanley and
J.P.Morgan serving as lead underwriters for the offering.