VOYG is the issuer covered by BlackRock, Inc.’s amended beneficial-ownership report for Class A Stock. BlackRock reported beneficial ownership of 4,495,467 shares (8.1%), with sole voting power over 4,399,071 shares and sole dispositive power over 4,495,467 shares; shared voting and dispositive power were both zero. The reported position reflects certain BlackRock business units and excludes securities attributable to business units whose ownership is disaggregated.
Voyager Technologies, Inc./TX (VOYG) is the issuer of the common stock in which Bank of Nova Scotia reported beneficial ownership of 2,890,209 shares, or 5.03%, as of September 30, 2026. The bank reported sole voting and dispositive power over 2,890,209 shares, with shared voting and dispositive power over 0 shares. It identified itself as a parent holding company.
Voyager Technologies, Inc. (VOYG) completed issuance of $402.5 million aggregate principal amount of 0% Convertible Senior Notes due 2032, including $52.5 million issued after full exercise of the initial purchasers’ option. The senior, unsecured notes carry no regular interest and do not accrete; they mature October 15, 2032 unless earlier repurchased, redeemed or converted.
Net proceeds were approximately $391.6 million. Voyager intends to use approximately $52.5 million to fund capped call transactions and the remainder for general corporate purposes. The initial conversion rate is 24.4978 shares per $1,000 principal amount, representing an approximately $40.82 conversion price per share. Initially, a maximum of 12,818,457 Class A shares may be issued upon conversion. The capped calls have an initial cap price of $78.50 per share and are expected generally to reduce potential dilution or offset certain cash payments, subject to the cap.
Before July 15, 2032, conversion is permitted only upon specified events; from that date, holders may convert at any time until the close of business on the second scheduled trading day before maturity. Voyager may settle conversions in cash, shares or a combination, at its election.
Voyager Technologies, Inc., a Texas corporation and well-known seasoned issuer, has put in place an automatic shelf registration that permits it to offer from time to time Class A common stock, preferred stock, debt securities, depositary shares, warrants, purchase contracts and units. Certain selling securityholders may also resell shares of Class A common stock under the same shelf, and Voyager will not receive proceeds from those resale transactions.
The company intends to describe the specific terms and uses of proceeds for any primary offering in a future prospectus supplement. As of August 10, 2026, Voyager had 56,209,192 Class A and 5,758,566 Class B shares outstanding within an authorized capital of 450,000,000 common and 50,000,000 preferred shares. The capital structure is dual class, with one vote per Class A share and fifteen votes per Class B share and extensive Texas-law and charter-based anti-takeover provisions, including a classified board, special-meeting and bylaw amendment thresholds, and exclusive forum clauses. Class B shares are convertible into Class A under specified conditions, including time-based and ownership-based triggers tied to the founder.
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh report beneficial ownership of 621,024 shares of Voyager Technologies, Inc. Class A Common Stock. This represents 1.16% of the outstanding class as of the reported date.
All 621,024 shares are held with shared voting and dispositive power, with no sole voting or dispositive authority reported for any of the filing persons. The group indicates ownership of 5 percent or less of this class of securities.
Voyager Technologies, Inc. has recast prior-period results to reflect a new segment structure with two reportable segments: Defense and Space Technologies and Starlab Space Stations. The recast applies to each of the three years ended December 31, 2025 and does not change previously issued audited financial statements.
Under the updated presentation, 2025 net sales were $166.4 million, up 15.4% from 2024, driven mainly by increased U.S. government work in Defense and Space Technologies. However, the 2025 net loss attributable to Voyager widened to $104.8 million, and Adjusted EBITDA declined to $(69.9) million, reflecting higher R&D, corporate costs, IPO-related stock-based compensation and Starlab build-out.
Backlog expanded to $265.6 million, including $146.1 million funded, with about 76.5% of funded backlog expected to convert to 2026 revenue. Voyager reported strong liquidity with $491.3 million in cash and cash equivalents plus a $220.0 million undrawn revolver, supporting heavy 2025 capital expenditures of $144.7 million, largely for Starlab.
Senvest Management, LLC and Richard Mashaal report beneficial ownership of Voyager Technologies, Inc. Class A Common Stock on a Schedule 13G/A. They report beneficial ownership of 2,965,788 shares, representing 5.5% of the Class A Common Stock outstanding, based on 53,503,581 shares outstanding as of March 31, 2026. The shares are held in the accounts of Senvest Master Fund, LP, Senvest Technology Partners Master Fund, LP and Senvest Global (KY), LP, over which Senvest Management, LLC and Mr. Mashaal report shared voting and dispositive power and no sole voting or dispositive power. The filing states that this structure should not, by itself, be construed as an admission of beneficial ownership by any reporting person.
Voyager Technologies, Inc./TX reported that President and director Matthew James Kuta sold a total of 199,807 shares of Class A Common Stock on August 11, 2026 in four open-market transactions. The weighted average prices were $41.5587, $42.6236, $43.1804, and $44.0343, with each tranche executed across stated price ranges. All sales were effected pursuant to a Rule 10b5-1 plan adopted on May 12, 2026.
Voyager Technologies, Inc. reported Q2 2026 results with net sales of $52,746 thousand, higher than the prior‑year quarter, but a net loss attributable to the company of $46,490 thousand and a six‑month loss of $90,473 thousand as it scales its defense and space technologies business.
Cash and cash equivalents were $373,436 thousand at June 30, 2026, down from $491,329 thousand after $84,027 thousand of operating cash use and $86,652 thousand of capital expenditures, largely for Starlab and other assets under construction. Total assets were $1,009,273 thousand and equity was $376,582 thousand.
Voyager has $460,000 thousand of 2030 Convertible Notes outstanding, plus undrawn revolving credit facilities of $200,000 thousand at the parent level and $20,000 thousand at Starlab. Management states that existing cash balances and cash from operations are expected to fund activities for at least one year while it pursues additional financing for long‑term plans.