Voyager Technologies to acquire lunar lander developer Astrobotic in deal worth up to $300M
By
Jeff Foust
Pure flour-power. Hearty enough to carry you through lunch.
Summary
Voyager Technologies has agreed to acquire Astrobotic, a Pittsburgh-based lunar lander and suborbital vehicle developer, in a deal valued at up to $300 million. The acquisition includes $162 million in cash and stock plus assumed liabilities, and is part of Voyager's strategy to build lunar infrastructure. Astrobotic is known for developing the Griffin lunar lander and reusable suborbital vehicles.
Key quotes
· 3 pulledVoyager Technologies will acquire Astrobotic, a company developing lunar landers and reusable suborbital vehicles, in a deal worth up to $300 million.
The companies announced early June 2 that they had reached an agreement under which Voyager will acquire Pittsburgh-based Astrobotic as part of Voyager's efforts to develop lunar infrastructure.
Voyager will spend $162 million in cash and stock for Astrobotic, along with assuming...
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