A Voyager Technologies banner hangs on the front of the New York Stock Exchange (NYSE) to celebrate the company’s IPOin New York City, U.S., June 11, 2025. REUTERS/Brendan McDermid
(Reuters) -Voyager Technologies secured a valuation of $3.8 billion after the defense and space firm's shares more than doubled in their U.S. debut, signalling strong interest in the sector expected to thrive under the Trump administration.
The Denver, Colorado–based company's stock opened 125% higher on Wednesday at $69.75 apiece, above the $31 offer price. Voyager raised $382.8 million by selling nearly 12.4 million shares in an upsized IPO.
