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Voyager (VOYG) Unit Earns Capital Backing for LEO Expansion, Soars 30%

1 week ago 7

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Voyager Technologies Inc. (NYSE:VOYG) is one of the 10 Stocks With Stunning Double-Digit Gains.

Voyager Technologies surged by 29.6 percent week-on-week after its joint venture firm secured the backing of 1789 Capital to support its expansion into the low-Earth orbit (LEO) market.

In a statement on Thursday, Voyager Technologies Inc. (NYSE:VOYG) said that Starlab Space Stations, a company it jointly ventures with Airbus, Mitsubishi Corporation, MDA Space, Palantir Technologies, and Space Applications Services, secured funding support from 1789 Capital in line with the latter’s expanded investments in critical infrastructure, such as digital and orbital, among others.

Starlab. Photo from Voyager

“As the ISS (International Space Station) approaches retirement, we cannot afford a gap in American presence in low-Earth orbit while the Tiangong is expanding and competing for dominance in the orbital economy,” Voyager Technologies Inc. (NYSE:VOYG) President Matt Kuta said.

“Starlab is how the United States answers that challenge, not just for the commercial market, but for every national security and scientific mission that depends on assured access to LEO,” he noted.

In other news, the rally can also be attributed to portfolio positioning ahead of upcoming conferences late this month and in June.

According to Voyager Technologies Inc. (NYSE:VOYG), it is set to participate in the KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston on May 31, as well as the Wells Fargo 2026 Industrials Conference in Chicago on June 10, and the Deutsche Bank Defence Conference on June 22.

While we acknowledge the potential of VOYG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

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