Voyager Space Holdings has completed its acquisition of a majority stake in
X.O. Markets and its largest subsidiary
Nanoracks, the company announced May 10. The deal was first announced in December 2020. Financial terms of the deal were not disclosed, but Voyager said it plans to put growth capital into the business.
Nanoracks offers satellite deployment solutions and has launched more than 1,000 projects to the ISS. Last year, the company launched Bishop Airlock, the first commercial, permanent addition to the ISS on
SpaceX’s CRS-21 mission. Nanoracks is also working on its Outpost Program, to own and operate commercial space stations in the future.
DENVER, DECEMBER 23, 2020 (Nanoracks PR) – Voyager Space Holdings, Inc. (Voyager), a global leader in space exploration, today announced its intent to acquire a majority stake in XO Markets and its largest subsidiary Nanoracks.
Nanoracks is the world’s leading provider of commercial space services, offering low-cost, high-quality solutions to the most pressing needs for satellite deployment and basic and educational research in more than 30 nations worldwide. As part of the transaction, Voyager will be infusing significant growth capital into the business to support the continued growth of Nanoracks utilization of the International Space Station, on behalf of itself and its customers, and the Nanoracks Space Outpost Program for private space platforms.
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DENVER, Dec. 23, 2020 /PRNewswire/ Voyager Space Holdings, Inc. (Voyager), a global leader in space exploration, today announced its intent to acquire a majority stake in XO Markets and its largest subsidiary
Nanoracks. Nanoracks is the world s leading provider of commercial space services, offering low-cost, high-quality solutions to the most pressing needs for satellite deployment and basic and educational research in more than 30 nations worldwide. As part of the transaction, Voyager will be infusing significant growth capital into the business to support the continued growth of Nanoracks utilization of the International Space Station, on behalf of itself and its customers, and the Nanoracks Space Outpost Program for private space platforms.
Space holding company Voyager to acquire Nanoracks, which added an airlock to the space station CNBC 12/23/2020 Michael Sheetz
Voyager Space Holdings intends to take a majority stake in the parent company of Nanoracks, a space services and hardware specialist that has sent more than 1,000 missions to the International Space Station.
The stake in Nanoracks marks Voyager s fourth deal since its establishment in October 2019. With Voyager, we have a platform that allows us to grow into the entire in-space services infrastructure development, with a financial sophistication and synergy that we just frankly would not have on our own, Nanoracks CEO Jeff Manber told CNBC.