Voyager Technologies (VOYG) Investor Presentation summary

Business overview and strategy

• Delivers mission-critical technologies for defense, national security, and space, leveraging a differentiated, innovation-driven, and capital-light business model.

• Positioned to benefit from expanding needs in defense and space, with multiple growth drivers targeting a 25% organic CAGR, further enhanced by accretive M&A.

• Starlab Space Stations offer significant long-term upside, aiming to capture demand as the ISS transitions to commercial models.

• Maintains a strong balance sheet with $469 million in cash, no debt, and a $200 million credit facility as of June 30, 2025.

• Led by an experienced team with a proven track record in defense, space, and public company leadership.

Market opportunity and industry trends

• Addresses large and growing markets: $163 billion TAM for defense and national security, $16 billion for LEO, and $11 billion for space solutions in 2025.

• Industry tailwinds include increased defense spending, rapid militarization of space, and growing cybersecurity threats.

• U.S. and allies prioritize missile defense and space sovereignty, with significant public and private investment in space-based research and infrastructure.

• Commercialization of microgravity and transition from ISS to commercial stations drive new opportunities.

Business segments and solutions

• Operates across three segments: Defense & National Security, Space Solutions, and Starlab Space Stations.

• Defense segment focuses on advanced propulsion, AI-enabled software, and ISR technologies for mission-critical applications.

• Space Solutions segment delivers advanced hardware, software, and infrastructure, including the only permanent, privately-owned ISS module.

• Starlab JV leverages international partnerships and advanced technology for a single-launch, AI-driven commercial space station.