Voyager Shares Rise 6% After Alliance with Anduril - Yahoo Finance
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Investing.com - Voyager Technologies (NYSE:VOYG) shares rose 6% on Tuesday following the announcement of a strategic alliance with Anduril Industries to develop and produce advanced weapon systems and missile defense technologies. The alliance formalizes an existing collaboration between the two defense companies on multiple armament programs, including several priority initiatives of the Department of Defense. Voyager has contracts to supply over $60 million in critical technologies to Anduril, including solid rocket motors, thrust vector and attitude control systems, as well as other advanced capabilities. The companies noted that the alliance establishes a shared pipeline of additional programs and emphasizes manufacturing as programs advance towards large-scale production. Both companies are leveraging combined investments in testing and production infrastructure to deliver systems at scale. Anduril is building a 1.18 million square foot campus in Long Beach, California, scheduled to open in 2027, adding to its existing production lines at Arsenal-1 in Columbus, Ohio. Voyager is developing its American Defense Complex in Pueblo, Colorado, which when fully operational could support production rates of approximately 15,000 to 20,000 propulsion systems per month across its portfolio. "We have invested over $500 million in propulsion, energetics, and manufacturing capacity...
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