Voyager Space Completes Acquisition of Space Micro

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Jan 05, 2022, 12:06 ET

DENVER, Jan. 5, 2022 /PRNewswire/ -- Voyager Space Inc. (Voyager), a global leader in space exploration today announced it has completed the acquisition of a majority stake in San Diego-based Space Micro. Voyager will provide strategic operations support to help advance Space Micro's technology throughput to civil, commercial, and defense customers.

Space Micro is an innovative, engineering-driven business focused on advancing high-performance satellite communications, digital, and electro-optic systems with 2.8 million hours of space flight heritage. Today, the company has multiple active contracts, including the development of AI for Earth observation missions and for providing X-Band transponders for two lunar missions selected under the NASA Artemis program. Space Micro also has a history of providing critical technology for the U.S. Department of Defense, including Intelligence, Surveillance and Reconnaissance (ISR) space payloads, secure laser communications terminals, and is also developing a digital RF-to-optical and optical-to-RF signal converter. Space Micro developed a 100-Gbps Laser Communications Terminal which has been on orbit for over a year.

"We're pleased to start this year with a new addition to the Voyager family," says Matthew Kuta, President and COO of Voyager Space. "Space Micro brings innovation, precision, and experience to our technology portfolio."

"As we look at a continuously developing and evolving satellite market, Voyager makes a perfect partner to support our technology capabilities and business operations," says Space Micro Co-Founder and Chairman, David Strobel. "Our teams are ready to hit the ground running to meet customer needs and market demand."

Voyager previously announced a strategic agreement on November 22, 2021 for the intent to acquire Space Micro.

About Voyager Space
Voyager Space is a global leader in space exploration. Voyager's long-term mission is to create a vertically integrated NewSpace company capable of delivering any space mission humans can conceive. The firm's first-in-industry model is uniquely tailored to support the growth needs of commercial space companies by replacing traditional private capital models with a longer-term approach that provides permanent capital.

About Space Micro
Space Micro Inc., based in San Diego, CA, is an engineering-driven business focused on technology advancement for high-reliability satellite subsystems. The company leverages commercial technology in the design and manufacture of affordable, high-performance, radiation hardened communications, electro-optics, and digital systems for use in commercial, civil, and military space applications around the world. Space Micro solutions include Telemetry, Tracking and Command (TT&C) transmitters, mission data transmitters, star trackers, space cameras, image processors, Command & Data Handling (C&DH) systems and high data rate laser communications systems.

Visit https://www.spacemicro.com/ to learn more.

Cautionary Statement Concerning Forward-Looking Statements
This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Space, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

SOURCE Voyager Space