Voyager Technologies Soars with IPO Success
Voyager Technologies, a space and defense firm, raised $382.8 million through its U.S. IPO, selling 12.35 million shares at $31 each. This comes amid increased global military spending on mission-critical technologies, surpassing the company's marketed range of $26 to $29 per share.
Voyager Technologies has reported a successful initial public offering, raising $382.8 million on Tuesday. The company's U.S. IPO capitalized on the heightened global demand for space and defense technologies.
Investors snapped up approximately 12.35 million shares at an impressive $31 per share, surpassing the expected price range.
This strategic move by Voyager occurs against a backdrop of globally increased military expenditure, reflecting an urgency in advancing mission-critical space and defense solutions.
(With inputs from agencies.)
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