Voyager to buy Astrobotic for up to $300M in lunar push

Voyager Technologies is acquiring lunar delivery company Astrobotic Technology in a deal valued at up to $300 million, consolidating capabilities for NASA's Artemis program.

Voyager Technologies agreed to acquire Astrobotic Technology for as much as $300 million, combining two of the largest private players in lunar infrastructure as the U.S. pushes to establish a permanent presence on the Moon.

"We are building the infrastructure foundation that will make America's permanent presence on the Moon a reality," Voyager Chief Executive Officer Dylan Taylor said in a statement.

The deal, expected to close by early July 2026 subject to regulatory approvals, adds Astrobotic's Peregrine and Griffin lunar lander programs and its LunaGrid surface power system to Voyager's existing portfolio, which includes mission management, propulsion, communications, and habitation systems. Astrobotic's Griffin Mission One remains on schedule for the second half of 2026, the companies said.

The acquisition positions Voyager as a central contractor for NASA's Commercial Lunar Payload Services program, which has awarded multiple contracts for science and technology payload deliveries to the lunar surface. Wedbush described the deal as "net positive" and in line with Voyager's broader strategy of building an end-to-end lunar infrastructure platform, maintaining an outperform rating and a $60 price target.

Astrobotic, based in Pittsburgh, will see its headquarters become a central hub for Voyager's lunar operations. Chief Executive Officer John Thornton said joining Voyager would provide the scale and resources needed to advance the company's 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.

Deal Structure and Timeline

The transaction is structured as a cash-and-stock deal valued at up to approximately $300 million, though the exact payment mix was not disclosed. The companies said Astrobotic's programs will be integrated into Voyager's broader lunar portfolio following the close, which is expected in early July.

Voyager shares rose 4% to $49 on Tuesday afternoon following the announcement, giving the company a market capitalization of roughly $3.5 billion. The stock has gained about 18% year to date, outpacing the S&P 500's 6% advance over the same period, as investor interest in space-related infrastructure plays has intensified.

The deal comes as NASA accelerates its Artemis campaign, which aims to return humans to the Moon and establish a sustained presence. The agency's CLPS program has become a key vehicle for commercial partnerships, with multiple companies competing for contracts to deliver payloads and develop surface infrastructure. Astrobotic's LunaGrid system, designed to provide power generation and distribution on the lunar surface, addresses a critical gap in the agency's long-term plans.

This article is for informational purposes only and does not constitute investment advice.