Voyager wants to ride the defense tech wave to a $1.6 billion IPO
Briefly

Voyager Technologies is set to raise $319 million in an IPO that could value the company at $1.6 billion. This move reflects the increasing interest in defense and space technology, spurred by political calls for modernization and innovation in these sectors. With backing from significant partners like NASA and Airbus, Voyager is developing a commercial space station named Starlab. However, a sluggish IPO market calls for urgency from companies aiming to go public, as political and market uncertainties grow.
Voyager Technologies, a defense and space tech company, aims to raise up to $319 million in an initial public offering that could value it as high as $1.6 billion.
Private market defense investors are rallying behind calls for modernization, while the Defense Department has created a new program to fund defense startups spinning out of college campuses.
Bankers say the window for going public is narrowing due to political and market volatility, urging companies to move quickly toward an IPO while investor appetite lasts.
Read at Business Insider
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