TAMPA, Fla. — Denver-based Voyager Area Holdings, which has been shopping for companies to construct a vertically built-in house exploration firm, has appointed former NASA administrator Jim Bridenstine to chair its advisory board.
It’s the second company announcement in every week for Bridenstine, who joined satellite tv for pc operator Viasat’s board of administrators April 1.
Voyager has acquired 4 corporations because it began in October 2019.
Its newest deal got here in December 2020 when the corporate purchased a majority stake in Nanoracks, which facilitates business satellite tv for pc deployments from the Worldwide Area Station.
The opposite acquisitions comprise on-orbit satellite tv for pc servicer Altius Area Machines, house analysis agency Pioneer Astronautics and element supplier The Launch Firm.
Matthew Kuta, president and COO of Voyager, instructed SpaceNews in a March three interview that it was actively greater than a dozen potential acquisition targets.
The corporate goals to harness the innovation of a number of house startups, which have proliferated lately by enterprise capital investments, to develop into a major contractor for house exploration missions.
Bridenstine led NASA house exploration aims that embrace the introduction of its human lunar exploration mission Artemis. He’s additionally a senior adviser for personal fairness agency Acorn Development Firms, which he joined quickly after resigning from NASA Jan. 20 on the finish of the Trump administration.
“The business house sector is a crucial element to the USA’ success as a worldwide chief and performs a elementary position in securing the security of our nation,” Bridenstine mentioned in a ready assertion.
“Voyager’s position in figuring out and supporting the revolutionary work these business house corporations are doing is each distinctive and extremely beneficial.”
Kuta mentioned March three the corporate plans to record on the general public markets within the subsequent 12 months or so, relying on market situations.
He mentioned the corporate had not determined whether or not to pursue a merger with a special-purpose acquisition firm (SPAC), an more and more widespread monetary automobile within the house business that fast-tracks the path to public markets. A standard preliminary public providing of inventory, or IPO, is a lengthier course of however may end up in a bigger share of proceeds going to the corporate itself.
Redwire, which has additionally purchased a number of house expertise corporations within the final yr, unveiled plans March 25 to go public by a SPAC merger.