Voyager Boosts Forecast After Astrobotic Acquisition Success

Voyager Technologies, Inc. (NYSE: VOYG ) shares are trading higher by about 24% on Tuesday as the company reported strong second-quarter results after market close on Monday. This surge comes amid a broader market rally, with the S&P 500 gaining 1.5% and the Industrials sector, where Voyager operates, up 1.45%. Q2 Earnings Beat, Record Bookings And Higher Guidance Voyager reported second-quarter revenue of $52.75 million, exceeding analyst expectations of $48.23 million, and an adjusted loss of 70 cents per share, beating the anticipated loss of 91 cents. Revenue rose 51% sequentially (Q/Q) and 15% year over year (Y/Y), driven by the conversion of development programs into production. The company won $113 million in new awards across propulsion, advanced electronics, autonomous mission systems, AI technologies, and commercial space infrastructure. The company secured record bookings o...