Voyager announces first public stock offering, valued at $1.6 billion
The Starlab design in 2025. Click
for original image.
The space station startup Voyager Technologies yesterday announced its first public stock offering, with the hope of raising almost $400 million in investment capital.
Underwriters have a 30-day option to purchase up to 1.65 million additional Class A shares, on top of the 11 million initially offered, which are expected to be priced between $26 and $29 each. If fully subscribed at the top end of the range, the IPO could raise as much as $367 million in gross proceeds.
Voyager plans to build the Starlab space station, launched as a single large module by SpaceX’s Starship/Superheavy rocket, but so far has cut no metal, focusing its work entirely on designs. It has also signed deals with several foreign companies in Europe and Japan as well as the European Space Agency, positioning itself as providing the international community a station to replace ISS when it is gone.
At the moment however I rank Starlab fourth among the four commercial space stations under development, mostly because it has built nothing. Hopefully the funds raised by this stock offering will allow it to start some construction work.
- Haven-1, being built by Vast, with no NASA funds. The company is moving fast, with Haven-1 to launch and be occupied in 2026 for an estimated 30 days total. It hopes this actual hardware and manned mission will put it in the lead to win NASA’s phase 2 contract, from which it will build its much larger mult-module Haven-2 station..
- Axiom, being built by Axiom, has launched three tourist flights to ISS, with a fourth scheduled for early June, carrying passengers from India, Hungary, and Poland. Though there have been rumors it has cash flow issues, development of its first module has been proceeding more or less as planned.
- Orbital Reef, being built by a consortium led by Blue Origin and Sierra Space. Overall, Blue Origin has built almost nothing, while Sierra Space has successfully tested its inflatable modules, including a full scale version, and appears ready to start building its module for launch.
- Starlab, being built by a consortium led by Voyager Space, Airbus, and Northrop Grumman, with an extensive partnership agreement with the European Space Agency. It recently had its station design approved by NASA, but it has built nothing. This might change once it obtains several hundred million dollars from its initial public offering of stock.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The Starlab design in 2025. Click
for original image.
The space station startup Voyager Technologies yesterday announced its first public stock offering, with the hope of raising almost $400 million in investment capital.
Underwriters have a 30-day option to purchase up to 1.65 million additional Class A shares, on top of the 11 million initially offered, which are expected to be priced between $26 and $29 each. If fully subscribed at the top end of the range, the IPO could raise as much as $367 million in gross proceeds.
Voyager plans to build the Starlab space station, launched as a single large module by SpaceX’s Starship/Superheavy rocket, but so far has cut no metal, focusing its work entirely on designs. It has also signed deals with several foreign companies in Europe and Japan as well as the European Space Agency, positioning itself as providing the international community a station to replace ISS when it is gone.
At the moment however I rank Starlab fourth among the four commercial space stations under development, mostly because it has built nothing. Hopefully the funds raised by this stock offering will allow it to start some construction work.
- Haven-1, being built by Vast, with no NASA funds. The company is moving fast, with Haven-1 to launch and be occupied in 2026 for an estimated 30 days total. It hopes this actual hardware and manned mission will put it in the lead to win NASA’s phase 2 contract, from which it will build its much larger mult-module Haven-2 station..
- Axiom, being built by Axiom, has launched three tourist flights to ISS, with a fourth scheduled for early June, carrying passengers from India, Hungary, and Poland. Though there have been rumors it has cash flow issues, development of its first module has been proceeding more or less as planned.
- Orbital Reef, being built by a consortium led by Blue Origin and Sierra Space. Overall, Blue Origin has built almost nothing, while Sierra Space has successfully tested its inflatable modules, including a full scale version, and appears ready to start building its module for launch.
- Starlab, being built by a consortium led by Voyager Space, Airbus, and Northrop Grumman, with an extensive partnership agreement with the European Space Agency. It recently had its station design approved by NASA, but it has built nothing. This might change once it obtains several hundred million dollars from its initial public offering of stock.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News