Voyager Technologies (NYSE:VOYG) has signed an agreement to acquire Astrobotic Technology, a Pittsburgh-based company focused on commercial lunar delivery, surface power systems, and reusable spaceflight technologies, in a transaction valued at up to approximately $300 million.
The deal is intended to strengthen Voyager’s position in lunar infrastructure development as space agencies and commercial partners pursue sustained operations on the Moon.
Astrobotic is known for its Peregrine and Griffin lunar lander programs as well as its work on lunar power systems such as LunaGrid. Voyager said the acquisition will add key operational capabilities to its broader lunar initiative, which includes mission management, propulsion, communications, surface delivery, habitation systems, and in-situ resource development.
“We are building the infrastructure foundation that will make America’s permanent presence on the Moon a reality,” Voyager CEO Dylan Taylor said in a statement.
He said the addition of Astrobotic enhances the company’s ability to support “robust operational systems” required for repeatable lunar missions.
Astrobotic CEO John Thornton said joining Voyager would provide the scale and resources needed to advance its long-standing lunar delivery mission. “Our team, our technology and our homes in Pittsburgh and Mojave remain at the center of what we are building,” he said.
The company added that Astrobotic’s Griffin Mission One remains on schedule and that, following the deal’s close, Astrobotic’s programs will be integrated into Voyager’s broader lunar portfolio. Its Pittsburgh site is expected to serve as a central hub for Voyager’s lunar operations.
The transaction is subject to customary regulatory approvals and is expected to close by early July 2026.
Wedbush described the acquisition as “net positive” and in line with Voyager’s broader M&A strategy aimed at building an end-to-end lunar infrastructure platform.
The firm highlighted Astrobotic’s role in NASA’s Commercial Lunar Payload Services (CLPS) program, as well as its upcoming Griffin Mission One in the second half of 2026, as important near-term catalysts.
Wedbush said the deal strengthens Voyager’s positioning within NASA’s expanding Artemis-related pipeline and broader US efforts to establish a sustained lunar presence.
It also noted Astrobotic’s portfolio of lunar landers, mobility systems, and surface infrastructure as complementary to Voyager’s existing investments, including Max Space.
The firm added that the acquisition enhances Voyager’s exposure to a growing lunar market supported by increased NASA mission activity and long-term exploration funding.
Wedbush maintained an ‘Outperform’ rating on Voyager with a $60 price target. Shares traded up 4% at $49 on Tuesday afternoon.