Voyager Space is a space exploration company focused on building the next generation of space infrastructure. They provide mission support, develop and operate mission control centers, and design payload training initiatives. Voyager Space is also involved in the development of Starlab, a commercial space station, in partnership with Airbus and Mitsubishi. The company partners with organizations like NASA and Palantir to advance AI-driven solutions for space exploration and national security.
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The collaboration will integrate Voyager Technologies’ internal research and development in life support, power systems, and surface logistics into Max Space modules to prepare the habitats for NASA and commercial partners.
For the three months ended December 31, 2025, Voyager Technologies’ innovation spend was 21.9% of net sales excluding Starlab and 132% on a consolidated basis.
Voyager Technologies reported a full year 2025 non-GAAP adjusted loss of $82.4 million and a non-GAAP adjusted loss per share of $2.05.
Voyager Technologies delivered fourth quarter 2025 net sales of $46.7 million.
On March 9, 2026, Voyager Technologies made a multi-million-dollar strategic investment in Max Space to accelerate development of expandable habitat modules for the lunar surface and deep-space environments.
Voyager Technologies will pair its integrated platform with Max Space’s expandable habitat architecture as part of the investment to accelerate transition from demonstration missions to durable lunar capability.
Voyager Technologies increased its 2026 revenue guidance to a range of $225 million to $255 million based on a record year-end backlog of $265.6 million.
Voyager Technologies recorded a full year 2025 net loss of $116.1 million and a loss per share of $2.89.
The partnership between Voyager Technologies and Max Space aligns with NASA’s updated Artemis timeline targeting a permanent human presence on the Moon by 2028.
Voyager Technologies incurred a fourth quarter 2025 net loss of $30.2 million and a loss per share of $0.52.
Voyager Technologies expects total net sales for full year 2026 of $225 million to $255 million, representing year-over-year growth of 35% to 53%.
Voyager Technologies’ Defense and National Security segment generated full year 2025 net sales of $123.0 million, a 59% increase year over year.
Dylan Taylor is the chair and CEO of Voyager Technologies.
Voyager is the lead company for the Starlab Space commercial station concept seeking business from NASA after the International Space Station retires.
Voyager Technologies made a multi-million-dollar strategic investment in Max Space that industry reporting characterizes as a low eight-figure investment.
Voyager Technologies plans to use the investment for internal research and development to accelerate engineering, manufacturing scale-up, and mission integration activities with Max Space.
Voyager Technologies posted $166.4 million in net sales for 2025, up 15% year over year.
Voyager Technologies projects fiscal year 2026 revenue between $225 million and $255 million, representing more than a 35% increase over 2025.
Voyager Technologies made an investment in its partner Max Space valued in the low-eight figures.
Max Space and Voyager Technologies will collaborate on the design of an expandable lunar habitat.