로켓슬라
Korean Growth & Space Investor, RKLB/TSLA/PLTR/SPCX
Voyager Technologies' Raytheon contract to advance propulsion for the SM-3 interceptor family is the most underrated news in an explosive missile production cycle. Per @SpaceInvestor_D, Voyager will supply its solid controllable throttleable propulsion and divert, attitude and control systems, the precision subsystems behind accuracy in exo-atmospheric midcourse flight. x.com
Voyager Technologies is becoming a key beneficiary of NASA's lunar economy push after winning a NASA CLPS award through Astrobotic worth $297.9M in total, far from small relative to its market cap. NASA is serious about the Moon and plans to pour huge sums into it over the next five years, and a new economy should grow on that infrastructure. The Astrobotic acquisition was aggressive; the key test is whether lunar landers turn into recurring annual contracts. x.com
Voyager Technologies looks particularly interesting as a picks-and-shovels supplier to the space economy. At a $1.5B market cap, it builds propulsion, missile defense, spacecraft electronics, space intelligence and agentic AI, stations, lunar infrastructure and orbital computing; it partners with Palantir and Anduril. Rocket Lab, AST SpaceMobile and Voyager could be like Apple, Microsoft and Intel in the 1980s: their value in two decades matters more than in two years. x.com
The Missile Defense Agency's Project Maverick shifts hypersonic defense from a few pricey interceptors to cheap, mass-produced ones, favoring repeat-launch space firms, low-cost satellites and test infrastructure. @endurance9999 notes its 2027-2031 timeline implies years of steady test launches. Rocket Lab fits best via HASTE launches, Photon satellites, SDA work and Mynaric laser links. Kratos and Leidos offer targets and testing; Northrop, L3Harris, Lockheed and RTX tracking and interceptors. … Show more
Voyager Technologies' CEO looks set to hand shareholders easy gains. x.com
Voyager Technologies is a cheap picks-and-shovels play on the new space economy through its propulsion and electronic systems. It grew 54% in Q1 and trades at only about 4x forward sales with over 50% growth, one of the cheapest space plays, and a recent acquisition should expand its space presence. It is a smaller speculative position whose story could just be starting if the space theme works out. x.com
Voyager's Starlab opportunity gains a major procurement catalyst as NASA issued its final RFP for next-generation commercial LEO destinations, with proposals due December 8 and awards expected in spring 2027. NASA could anchor demand after the ISS, but private operators still must make the economics work and attract non-NASA customers. x.com
Voyager Technologies is mispriced even more deeply than Wedbush suggests. Per Wedbush, which started coverage at Outperform with a $46 target, the market treats Voyager as a single space-station story when it is two: a profitable defense technology platform with record backlog tied to Golden Dome missile defense, and the commercial transition of low Earth orbit. Golden Dome procurement moves faster than legacy defense, first-mover data contracts compound, and the LEO business is a free option. … Show more
Missile replenishment looks like the best risk-reward macro thesis, favoring Lockheed Martin and RTX. The missile replenishment program is currently forecast to run through 2031. x.com
CPI Aerostructures is among the few small shops left to feed missile replenishment, and its qualified tooling is a moat the Pentagon lacks years to re-source. It is single-source to Raytheon on missile wing assemblies, with first deliveries due later this year. A $533M backlog against $74M of TTM revenue, growing 16% at 23% gross margin, is seven years of work at 1.4x EV/sales. The risk is $27M of net debt, $1M of cash and negative free cash flow; a slipping ramp hits the balance sheet first. … Show more
Voyager Technologies is a space company in the right sector at the right time, with a growing, mostly government backlog of $275M. Revenue is very small against its $2B market cap and the company burns cash, but $429M of cash against a $67M quarterly burn implies 2-3 years of runway before it would urgently need to raise capital. It was not a favorite in earlier space research, but the stock is breaking out of a wedge that looks good to the mid-$40s as a swing trade. x.com
Rocket Lab is one of the very few public space companies with a real chance to compete alongside SpaceX, in a trillion-dollar space economy with room for several major winners as launch demand explodes. It posted a record quarter with a $2.2 billion backlog, won a $30 million Anduril contract, signed its largest launch agreement, was picked with Raytheon for the Space Force's Space-Based Interceptor program, and is acquiring Motiv Space Systems. x.com
