Voyager Technologies Backed by Palantir Files for IPO with $2B-$3B Valuation

Prime Highlights: 

Voyager Technologies, a space and defense company, has filed for an IPO, targeting a valuation between $2 billion and $3 billion. 

The company, founded in 2019, counts Palantir Technologies as a major investor and partner, integrating Palantir’s AI capabilities into its defense operations. 

Voyager is developing a commercial space station, Starlab, with funding from NASA, as part of its low-Earth orbit initiative. 

Key Background: 

Voyager Technologies, a prominent space and defense company, has filed for an initial public offering (IPO), according to a January 22, 2025, report. The Denver-based company, which has received significant investment from Palantir Technologies, aims for a valuation between $2 billion and $3 billion. Voyager is best known for its development of a commercial space station, Starlab, which is being funded by NASA. The company also operates in the defense and national security sectors, with a workforce of 1,000 employees. 

The filing for an IPO comes amid a growing interest in space-related companies, as well as a bullish period for space stocks. In particular, the U.S. space industry has seen substantial growth under the administration of President Donald Trump, who emphasized space exploration goals such as sending humans to Mars in his inauguration speech. Voyager’s move to go public is timed to capitalize on this momentum, as several other space companies, including Rocket Lab USA and Intuitive Machines, have seen significant stock price increases recently. 

Voyager’s relationship with Palantir is a key element of the company’s growth. The two companies share a strategic partnership that incorporates Palantir’s artificial intelligence (AI) technologies into Voyager’s defense projects. Voyager’s expertise spans both commercial space ventures and national defense, making it a unique player in the industry. 

Founded in 2019, Voyager aims to lead the way in low-Earth orbit space stations, and its Starlab project is set to become a cornerstone of the company’s future. Despite the promising outlook, the exact timeline for the IPO remains unclear. 

Palantir, one of Voyager’s largest pre-IPO investors, has also been under scrutiny from Wall Street. Analysts have issued a consensus “Moderate Sell” rating for Palantir (PLTR), with a potential downside risk of 34% based on current price targets. As the space sector continues to gain attention, Voyager’s IPO could be a significant event for investors and the industry alike.