Voyager Buys Pioneer Astronautics to Drive ‘NewSpace’ Sector Growth

Voyager Buys Pioneer Astronautics to Drive ‘NewSpace’ Sector Growth
Voyager Space Holdings

Voyager Space Holdings has acquired Lakewood, Colo.-based research and development firm Pioneer Astronautics for an undisclosed sum as part of a strategy to establish a publicly-traded company within the recently created “NewSpace” sector.

The cash-and-stock deal represents Voyager’s second acquisition and seeks to expand its portfolio while integrating Pioneer into the NewSpace market, Voyager said Monday.

Pioneer provides research and development services as well as technologies focused on supporting long-term and sustainable human presence beyond Earth.

The company and three other contractors previously signed an agreement with NASA to develop and demonstrate oxygen-production hardware for lunar missions, according to Voyager.

Matthew Kuta, president and chief operating officer of Voyager, said the company uses a capital model to support companies under the NewSpace sector.

Voyager acquired on-orbit service provider Altius Space Machines earlier this year.

Check Also

Tahera Zamanzada Director Salesforce

Salesforce’s Tahera Zamanzada: Cloud Key to Enhancing Customer Experience, Advancing Digital Transformation

Tahera Zamanzada, director of digital strategy for the global public sector at Salesforce (NYSE: CRM), said the COVID-19 pandemic has prompted government agencies to advance digital transformation and deliver better customer service through the adoption of cloud platforms.

Tangram Flex

Tangram Flex Awarded Potential $95M Air Force Software Platform Dev’t IDIQ

Software engineering company Tangram Flex has received a potential five-year, $95M contract to help the U.S. Air Force develop and deploy a platform based on the company’s system integration technology.