Voyager to Acquire Majority Stake in Nanoracks in its Latest Space Acquisition
Voyager Space Holdings plans to acquire a majority stake in Nanoracks through Nanoracks parent company XO Markets, the companies announced Dec. 23. 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. The company recently 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.
“Over the past decade my team and I have worked to grow Nanoracks from a garage-based start up into the first commercial space company with customers,” Jeffrey Manber, Nanoracks CEO said in a news release. “With Voyager, we’re confident in our expanded team’s ability to continue to deliver game-changing technology industry-wide.”
Voyager is a privately held global holding company that is acquiring and operating space companies to build a vertically integrated set of offerings. In November, it acquired The Launch Company, and has also acquired Pioneer Astronautics and Altius Space Machines. The company recently expanded its Washington, D.C. office appointing Eric Stallmer as executive vice president of Government Affairs and Public Policy.