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Voyager Awarded $298M NASA Contract Under Completed Astrobotic Acquisition
NASA awarded Astrobotic a $297.9 million contract for two lunar lander missions as Voyager folded the Pittsburgh company into its space business.
On Monday, Voyager Technologies completed its acquisition of Astrobotic Technology, which now operates as Voyager Lunar Systems under CEO John Thornton's leadership.
Voyager originally announced the acquisition in June, paying up to $300 million in a cash-and-stock transaction for the Pittsburgh-based lunar lander company.
NASA awarded Astrobotic a $297.9 million contract for two robotic lunar lander missions planned for 2028, utilizing the Peregrine lander for payloads to the Gruithuisen Domes on the Moon.
Following the update, Voyager stock declined nearly 5% on Monday, though the company recently closed an upsized $250 million credit facility.
The acquisition positions Voyager Lunar Systems as a "full stack" partner in lunar missions, delivering LunaGrid and habitation structures for NASA's permanent Moon base project.