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Voyager Space Holdings, Inc. Announces Intent to Acquire Altius Space Machines, Inc


Oct. 23, 2019

Voyager Space Holdings, Inc.  announced its intent to acquire Altius Space Machines, Inc., subject to customary closing conditions. Altius Space Machines will be the first company to be acquired by Voyager since the firm launched as the first vertically integrated NewSpace holding company. Voyager's first in industry model is uniquely tailored to support the growth needs of commercial space companies by offering an alternative solution to traditional private capital models, replacing them with a longer-term approach as a provider of permanent capital.

"As an entrepreneur in a leading-edge portion of the space market, it's been challenging to secure the financial resources we've needed to deliver on our vision," said Jonathan Goff, founder and CEO of Altius Space Machines. "When the Voyager team explained their vision, I knew it was an amazing opportunity to not only accelerate bringing our Bulldog servicing vehicle to market, but also to make a bigger difference in the entrepreneurial space industry."

Based in Metro Denver, Altius Space Machines leverages a deep expertise in space robotics to develop on-orbit servicing technology to a market that is expected to grow to more than $3.5 billion by 2025. Altius specializes in on-orbit assembly and manufacturing, orbital rendezvous and capture robotics, as well as satellite servicing. Active debris removal, spacecraft mechanisms, assistive telerobotics, in-space propellant transfer, and heliogyro solar sails are also provided by Altius to its customers around the world.

"We've seen a transition in the last few years where large satellite operators are looking for new ways to maximize the lifespan of their space-based assets. Altius is a market leader, blazing the trail for on-orbit servicing technology in our industry," said Matthew Kuta, president and COO of Voyager. "We're excited to add Altius to our portfolio and look forward to supporting the team's continued expansion as they meet growing demand for their services and technology across the industry."

Led by Matthew Kuta and Dylan Taylor, Voyager seeks to increase vertical integration and mission capability to enable humanity's most ambitious projects. The firm is actively building its integrated mission capability by acquiring leading NewSpace companies

 

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