Voyager Technologies (VOYG) is positioned to benefit from secular tailwinds, potentially raising government and commercial demand for its space and defense capabilities, Wedbush Securities said in a Friday note.
Wedbush said it expects demand for the company's mission-critical technology to grow in the coming decades, pushing the position of its defense and national security, space solutions, and space stations businesses.
In addition, Voyager's mergers and acquisition strategy continues to drive its topline and technological capacity, the investment firm added.
Wedbush initiated coverage on Voyager Technologies, with an outperform rating and a $46 price target.
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