Voyager Space, the company developing a private space station, has raised $80.2 million in new capital. The new funding comes as Voyager continues development of its station, Starlab. This is definitely a huge capital intensive business.
NewSpace Capital, Midway Venture Partners and Industrious Ventures are participating in the funding, according to filings with the U.S. Securities and Exchange Commission and other documents seen by TechCrunch. TechCrunch confirmed that Seraphim Space also participated. The funding he filed with the SEC on January 27th.
In October 2021, Voyager announced that it was partnering with Nanoracks (which is majority owned by Voyager) and Lockheed Martin to develop a fully private space station, Starlab. The project is not the only civilian station currently under development, but it is partly in response to the impending decommissioning of the International Space Station by the end of the decade.
NASA has already funded Voyager heavily, as well as two separate projects led by Blue Origin and Northrop Grumman. Starlab was awarded his $160 million to further develop its plans under the agency’s Commercial Low Earth Orbit (LEO) Destinations Program. In a recent report, NASA’s Office of the Inspector General said LEO’s habitable station is critical to conducting the research needed to support human exploration missions to the Moon and Mars.
TechCrunch reached out to Voyager Space for comment and will update the article when we hear back.
