Voyager Technologies (NYSE: VOYG) Defense Disruptor With Big-Space Ambitions
Voyager Technologies (NYSE: VOYG) is one of the more intriguing new names to hit public markets this year — and it’s not just because of the high-profile IPO. This is a company sitting right at the intersection of two powerful investment themes: national defense modernization and the commercialization of space. While the stock has been volatile since debuting on the NYSE in June, the business model is compelling, and we think the pullback from IPO-day highs could present an opportunity.
Voyager owns a 67% stake in Starlab, a next-generation commercial space station that could eventually replace the aging International Space Station. While that project is still in early stages, it gives the company a long-term strategic asset that few competitors can match. In the meantime, Voyager’s core defense technologies — including guidance and navigation systems, ISR (intelligence, surveillance and reconnaissance) tools, and software for unmanned platforms — position it to benefit from a near-term uptick in defense spending.
One potential growth driver is the proposed “Golden Dome,” an initiative backed by the Trump administration to boost air and missile defense infrastructure. If that project materializes, demand for advanced tech solutions like Voyager’s could accelerate sharply.
Wall Street is paying attention. JPMorgan recently initiated coverage with an Overweight rating and a $52 price target. Other firms like Bank of America, Wolfe Research, and Jefferies have followed suit with similar buy ratings and targets ranging from $46 to $50. Their models generally point to revenue climbing from around $158 million this year to more than $3 billion by 2030, with Starlab contributing the bulk of that upside.
This is a high-risk, high-reward name. But for investors looking to get exposure to the next generation of space and defense infrastructure, Voyager might be worth a closer look while it’s still under the radar.
