Voyager Technologies, a defense and aerospace company, launched its initial public offering (IPO) this week, targeting a valuation of $1.6 billion. The company plans to sell 11 million shares priced between $26 and $29 each. This move comes amid increased investor interest in the space and defense sector, which has attracted significant capital despite concerns about limited market demand for some space-related technologies. The IPO is anticipated to be highly subscribed, reflecting strong enthusiasm for space industry investments. Meanwhile, other companies in the sector, such as IperionX Technology, are also securing substantial contracts, with IperionX recently obtaining a $99 million deal for titanium research related to defense applications.
You know the next big IPO is Space Palantir yet you've done nothing about it
Defense and aerospace company Voyager Technologies launched an initial public offering this week, aiming to reach a $1.6 billion valuation. https://t.co/IXxZdjI5Ph
Voyager Technologies, defense and aerospace company, launches IPO with $1.6B valuation target https://t.co/Uqcn20w1s7