logo
Voyager Closes $200 Million Credit Facility

Voyager Closes $200 Million Credit Facility

Business Wire04-06-2025
DENVER--(BUSINESS WIRE)--Voyager Technologies Inc. (Voyager), a global leader in defense technology and space solutions, closed a $200 million syndicated credit facility led by J.P. Morgan. Net proceeds allow Voyager to continue to scale its defense, national security and space solutions businesses in support of customer demand.
'Our credit facility, led by J.P. Morgan and other well-known financial institutions, further bolsters our liquidity and demonstrates Voyager's strong financial position in the defense and space technology sectors,' said Dylan Taylor, chairman and chief executive officer, Voyager Technologies.
Effectiveness of the commitments and availability of funds under the syndicated credit facility are subject to the terms of the credit agreement.
About Voyager:
Voyager Technologies, Inc. (Voyager) is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. By tackling the most complex challenges, Voyager aims to unlock new frontiers for human progress, fortify national security, and protect critical assets from ground to space. For more information visit: voyagertechnologies.com.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this press release, including statements relating to the expected benefits from the syndicated credit facility, Voyager's access to funds thereunder and Voyager's mission statement and growth strategy, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Voyager intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Voyager's use of forward-looking terminology such as 'may,' 'will,' 'expect,' 'intend,' 'anticipate,' 'estimate,' 'believe,' 'continue,' 'seek,' 'objective,' 'goal,' 'strategy,' 'plan,' 'focus,' 'priority,' 'should,' 'could,' 'potential,' 'possible,' 'look forward,' 'optimistic,' or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including, but not limited to those discussed in the section entitled 'Risk Factors' in Voyager's Registration Statement on Form S-1/A filed with the SEC on June 2, 2025, as any such factors may be updated from time to time in Voyager's other filings with the SEC. Such risks and uncertainties could cause actual results to differ materially from those projected or anticipated.Therefore, such statements are not intended to be a guarantee of Voyager's performance in future periods. Except as required by law, Voyager does not undertake any obligation to update or revise any forward-looking statements contained in this press release.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Big Ten reportedly floating radical new College Football Playoff idea
Big Ten reportedly floating radical new College Football Playoff idea

USA Today

timean hour ago

  • USA Today

Big Ten reportedly floating radical new College Football Playoff idea

The future of the College Football Playoff has been a key topic of discussion all offseason. ESPN secured a six-year, $7.8 billion contract that ensures the network will remain the sole media rights holder of the event through the 2031-32 season in March of 2024. But, whether or not the CFP stays at a 12-team model or expands has been one of the hot button issues of college football. After plenty of back-and-forth and a spring and summer full of discussion and disagreements, the Big Ten has suddenly introduced a radical new idea for the CFP's future. According to Pete Thamel of ESPN, the Big Ten has floated the idea of massive expansion to the College Football Playoff that could bring the postseason field to 24 or 28 teams. While Thamel reports that the idea is in its very early stages, the proposal eliminates conference title games and offers a large number of auto bids for all four power leagues, sources said. In the proposed 28-team CFP model, the Big Ten and SEC would each get seven auto bids while the ACC and Big 12 would each receive five. There would be two auto bids for the non-Power 4 conferences and two at-large teams. The 28-team format would put 20 playoff games on campus, which would accentuate the success of that from last year's CFP. The CFP Committee would seed the field and pick the at-large teams. Per Thamel, Big Ten commissioner Tony Petitti ran the idea by his conference Wednesday, sources said, and that it has begun being shared by others. In order to expand the playoff before the 2026 season, the expectation is that leaders need to reach a resolution before the end of this year. Momentum for a 16-team CFP format picked up steam throughout the spring, but leaders throughout college athletics haven't seen eye to eye on exactly how bids to a 16-team CFP would be awarded. The 5+11 model is supported by both the Big 12 and the ACC and it gained more support from the SEC after the league's spring meetings. The 5+11 model would include the five highest-ranked conference champions and 11 at-large bids. Another 16-team CFP model featured the Big Ten and SEC each receiving four automatic bids, the ACC and Big 12 receiving a pair of automatic qualifiers, one bid to the Group of 6 champion and then three at-large bids. Contact/Follow us @HawkeyesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Iowa news, notes and opinions. Follow Josh on X: @JoshOnHawks

Warren Buffett's 'Mystery' $1.8 Billion Investment Revealed
Warren Buffett's 'Mystery' $1.8 Billion Investment Revealed

Entrepreneur

time9 hours ago

  • Entrepreneur

Warren Buffett's 'Mystery' $1.8 Billion Investment Revealed

In May, Warren Buffett's Berkshire Hathaway filed a 13-F (a quarterly report disclosing a firm's holdings) that listed investments in what have been labeled "mystery stocks." As Business Insider explains, big investors can ask for permission from the SEC to keep some aspects of their trading activity under the radar, giving them the ability to "quietly build large positions." Related: Warren Buffett's Wealth Grew More After Turning 65 Since that 13-F filing, investors have been scrambling to learn what the Oracle of Omaha was backing, hoping to get in early. Well, the wait is finally over, and the company revealed the mystery investments. Prepare yourself, it isn't exactly sexy: Berkshire Hathaway announced it took a combined $1.8 billion stake in homebuilders DR Horton and Lennar, and steel producer Nucor. Investor's Business Daily reports that Nucor traded up 6.2% to 153.34 before the open based on the news. DR Horton rose 3.1% and Lennar climbed 4.6%. Other notable investments included Berkshire Hathaway buying more than five million shares in UnitedHealth last quarter for a stake worth about $1.6 billion. Related: Warren Buffett Says to Forget About 10,000 Hours of Practice — If You Want to Master Something, Do This Instead In May, 94-year-old Buffett announced that stepping down as Berkshire CEO at the end of the year but would stay on as chairman of the board. Greg Abel, Berkshire's current vice chairman of non-insurance operations, will take over as CEO. Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.

Roblox case at SEC concluded in May, Bloomberg reports
Roblox case at SEC concluded in May, Bloomberg reports

Business Insider

time14 hours ago

  • Business Insider

Roblox case at SEC concluded in May, Bloomberg reports

The SEC concluded a case involving video-game platform Roblox (RBLX) in May, according to Bloomberg's Cecilia D'Anastasio, citing a document seen by Bloomberg News. The case was opened in October and finished seven months later, according to a May 13 'Case Closing Report.' The document does not describe the nature of the investigation or whether it made any determination, Bloomberg added. Representatives for Roblox and the SEC declined to comment. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store