Voyager Technologies, Inc.
VOYGIndustrialsNASDAQAerospace & Defense
Scan Results
Daily timeframeVoyager Technologies, Inc. operates as a defense technology and space solutions company in the United States, Europe, the Middle East, and internationally. With a market capitalization of $1.53B, it sits in small-cap territory. It operates through three segments: Defense & National Security, Space Solutions, and Starlab Space Stations.
Market Cap
$1.53B
Beta
—
P/E (TTM)
—
P/E (Fwd)
-18.77
EPS (TTM)
$-3.16
EPS (Fwd)
$-1.38
ROE
-54.1%
ROA
-11.1%
Cash
$429.4M
Total Debt
$491.3M
Free CF
-$229.6M
52W Change
-41.2%
Annual Financials
Cash vs Debt
On the balance sheet, VOYG has $429.4M in cash with $491.3M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$229.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -54.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $136.1M (2023) to $166.4M (2025), reflecting a 22% increase over the period.
The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Voyager Technologies, Inc.'s trajectory.