Voyager Technologies to Gain From Astrobotic Deal, NASA Moon Work, Wedbush Says

MT Newswires Live06-02

Voyager Technologies (VOYG) could be better placed for future moon-related contracts after its planned Astrobotic acquisition, with more NASA exposure, possible earnings gains in 2027, and faster growth as lunar activity increases later this decade, Wedbush said in a note Tuesday.

Voyager agreed to buy Astrobotic Technology for about $300 million, including contingent payments, in a cash-and-stock deal expected to close in fiscal Q3, which adds landers, rovers, power systems, precision landing technology, and other tools that should help Voyager expand its lunar strategy, Wedbush said.

Astrobotic's ties with the National Aeronautics and Space Administration, Defense Advanced Research Projects Agency, Astrolab, and other space and national security groups could help Voyager compete for more future work as NASA is expected to award more than a dozen landing missions in 2026 and support 73 lunar landings by 2032, creating more chances for Voyager to win business, according to the note.

Wedbush added that the deal should widen Voyager's addressable market in lunar programs and complement its Max Space investment in expandable space habitats.

Wedbush kept its outperform rating for Voyager and maintained its $60 price target.

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