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Voyager Technologies Completes Astrobotic Acquisition And Was Just Awarded a $298 Million Contract From NASA
The Motley Fool·
Voyager Technologies completed its acquisition of Astrobotic Technology for ~$300 million, creating a powerful lunar mission partner. The newly acquired Voyager Lunar Systems secured a $298 million NASA contract for two lunar lander missions as part of a long-term lunar base initiative. Despite these positive developments, Voyager's stock declined 5% on the news, likely due to investor concerns about the company's deepening losses, significant cash burn, and recent debt financing needs.
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