VOYAGER TECHNOLOGIES INC CLASS A (VOYG)
Industrials · Defense technology and space systems · NYSE
A vertically integrated defense and space technology company building next-generation missile defense, advanced propulsion, and intelligence systems while developing a commercial replacement for the International Space Station.
What VOYAGER TECHNOLOGIES INC CLASS A does
Voyager Technologies is a defense technology and space solutions company focused on mission-critical systems for national security, space exploration, and commercial space markets. The company designs, develops, and operates advanced systems spanning communications and intelligence, missile-defense technologies, advanced propulsion, in-space infrastructure, and space mission services. It operates through three segments: Defense & National Security, Space Solutions, and Starlab Space Stations (a NASA-funded commercial space station replacement for the ISS through a global joint venture).
Themes: ["Defense technology","Space exploration","National security","Missile defense","Propulsion systems","Space stations / in-space infrastructure","AI/machine learning for defense and space","Commercial space","Intelligence analytics"]
Fundamentals
- Price$32.64 as of 2026-07-09 close
- Market cap$1.9B as of 2026-07-10
- 1-year return-21.1% as of 2026-07-09 close
- Net margin-72.9% as of 2026-07-10
- Gross margin+13.6% as of 2026-07-10
- ROE-25.8% as of 2026-07-10
- Debt / equity1.25 as of 2026-07-10
- Revenue growth (YoY)+2.1% as of 2026-07-10
- Revenue CAGR (3y)+10.6% SEC XBRL
- Beta1.71 as of 2026-07-10
Key risks (from latest filing)
["Significant operating losses and negative gross margins (Q1 2026 showed gross loss of $1.5M on $35.2M revenue); high debt burden with $448.3M convertible notes and negative net margin of -72.9%","Dependence on U.S. government defense and NASA contracts, with exposure to changes in federal spending and procurement priorities","Rapid acquisition strategy with 12 acquisitions since 2019 creates execution and integration risks"]
Competitors & peers
- Lockheed Martin
- Northrop Grumman
- Raytheon Technologies
- Boeing Defense
- L3Harris Technologies
- SpaceX
- Axiom Space
- Blue Origin
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.