$44.96
-5.3%Voyager Technologies, Inc. operates as a defense technology and space solutions company in the United States, Europe, the Middle East, and internationally. It operates through three segments: Defense & National Security, Space Solutions, and Starlab Space Stations. The Defense & National Security segment provides defense systems, such as missile defense interceptors, kill vehicles, and hypersonic missiles and reentry systems; signal intelligence systems, including software solutions that deliver critical intelligence to the modern warfighter; communication technologies comprising radiation-hardened laser and RF communications systems and advanced electro-optical and digital systems; and guidance, navigation, and control systems consisting of sun sensors, star trackers, and inertial measurement units, as well as artificial intelligence powered edge computing products. The Space Solutions segment offers advanced space technology systems, such as in-space propulsion systems with applications for orbital servicing, manufacturing, and deep space exploration; space infrastructure, including software solutions that deliver critical intelligence to the modern warfighter; and space science and mission management products. The Starlab Space Stations segment operates a commercial space station and provides continued permanent human presence in space. It serves defense, national security, and space industries. The company was formerly known as Voyager Space Holdings, Inc. and changed its name to Voyager Technologies, Inc. in February 2025. Voyager Technologies, Inc. was incorporated in 2019 and is headquartered in Denver, Colorado.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
VOYG โข NYSE
| Voyager Technologies, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 |
|---|---|---|---|
OPERATING ACTIVITIES | |||
-104.8M | -65.6M | -25.2M | |
16.4M | 16.4M | 12.9M | |
-478K | -2.6M | -645K | |
18.9M | 3.8M | 2.7M | |
17.7M | 25.5M | 1.8M | |
(0.0) | (374K) | (0.0) | |
-8.7M | -2.9M | -7M | |
-60.9M | -25.5M | -15.4M | |
INVESTING ACTIVITIES | |||
-144.7M | -82.7M | -17.2M | |
-151.8M | (0.0) | (0.0) | |
-15.5M | (0.0) | -100K | |
50.4M | 54.9M | 28.9M | |
-261.6M | -27.8M | (11.6M) | |
FINANCING ACTIVITIES | |||
532M | 0.0 | 0.0 | |
379.1M | 11.4M | 7.5M | |
-27.6M | (0.0) | (0.0) | |
-30.7M | (0.0) | (0.0) | |
-125.7M | 914K | -8.7M | |
757.8M | 79M | 1.9M | |
CASH FLOW SUMMARY | |||
126K | -31K | 9K | |
435.4M | 25.7M | -1.8M | |
55.9M | 30.3M | 32.1M | |
491.3M | 55.9M | 30.3M | |
-205.6M | -108.2M | -32.6M |
VOYG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | May 29, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 17, 2026 | December 31, 2025 | 2025 | |
10-K 10-K 2025 FY FY | March 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 25, 2025 | November 20, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 21, 2025 | November 21, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 05, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 |
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