Voyager Technologies Inc., a company focused on developing commercial space stations, has initiated the process for an initial public offering (IPO). The company has submitted a draft registration statement to the U.S. Securities and Exchange Commission, although the number of shares to be sold and the price range have not yet been determined.
Originally named Voyager Space and based in Denver, the company rebranded to Voyager Technologies Inc. in January 2025 to better reflect its focus on defense, national security, and space. One of its core projects is the "Starlab," a low Earth orbit space station intended to fill the gap left by the retirement of the International Space Station (ISS). In 2021, NASA awarded $160 million to Voyager through its subsidiary Nanoracks to support the development of Starlab, marking a significant move towards commercial space stations.
In 2023, Voyager strengthened its technical capabilities by partnering with European aerospace giant Airbus SE for the Starlab project. The company has also established partnerships with Palantir Technologies Inc., Mitsubishi Electric Corporation, and MDA Space. In January 2024, Voyager announced that it would use SpaceX's next-generation Starship as the launch platform for Starlab.
Voyager faces competition in the commercial space station sector from companies like Blue Origin, backed by Jeff Bezos, Houston-based Axiom Space, and California's Vast. These companies are actively advancing their own projects, highlighting the competitive nature of the industry.
