Voyager Technologies Q1: Record Backlog, New Facilities, Starlab Milestones

Voyager Technologies has reported a remarkable first quarter, with a record backlog of $275 million, a 54% year-over-year increase. They secured $45 million in new contracts, achieving a book-to-bill ratio of 1.3, with significant wins in Golden Dome missile defense, next-gen interceptors, and a key Raytheon deal. This momentum has led to an increased revenue guidance for 2026, targeting 38% to 53% growth. The company is expanding its manufacturing capabilities with new facilities in southern Colorado and Long Beach, California. Voyager is investing heavily in R&D, with innovation spend at 48% of revenue, excluding Starlab, focusing on electronics, AI manufacturing, and space maneuverability. Investors are optimistic about the demand signal, with early second-quarter bookings surpassing the first quarter. Despite a $33 million adjusted EBITDA loss due to strategic investments in talent, R&D, and infrastructure, the company maintains $641 million in liquidity. Starlab has achieved four more NASA milestones and been selected for their seventh private astronaut mission, VOYG-one. They are also advancing lunar plays through Max Space and partnerships like Yonsei University. With a massive backlog and strategic investments, Voyager is well-positioned to drive revenue acceleration, dominate the defense market, and capitalize on the growing space economy, with Starlab poised for significant long-term cash flow. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/97a857a8426e12ca