Voyager Technologies, Inc. (VOYG) saw its stock price soar 10.04% in pre-market trading on Tuesday, following the announcement of a significant government contract award.
The surge comes after Voyager Technologies won a DARPA Burn n' Go Phase 2 contract valued at $16.5 million. The contract involves developing post-manufacturing thrust control for solid rocket motors, representing a substantial business opportunity for the company.
The 20-month effort targets proof-of-concept systems, including tailorable hot-fire demonstrations, and covers manufacturing scale-up, embedded control architecture, and structural health monitoring. The work aims to transition to multiple weapon systems, positioning Voyager for potential future government contracts and revenue streams.