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Denver Aerospace Co. Passes $3.8B in Value, Shares Skyrocket in IPO

  • Voyager Technologies, a Denver-based space and defense firm, debuted on the NYSE on June 11, 2025, with its stock surging over 80%.
  • The company went public despite reporting a $66 million loss in 2024, fueled by strong government contracts including NASA making up 25% of revenue last year.
  • Voyager sold about 12.4 million shares priced at $31 each, raising $383 million to invest in R&D, acquisitions, and repay debt.
  • Voyager holds a $179.2 million backlog and partners with Lockheed Martin on critical propulsion systems, highlighting its strategic role in U.S. defense.
  • The IPO signals renewed investor interest in the evolving space-defense sector, which benefits from government backing amid rising geopolitical tensions.
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Voyager Technologies soars 139% in market debut after $383M IPO

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Bloomberg broke the news in United States on Tuesday, June 10, 2025.
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