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Altius Space Machines Update Blog

What the Voyager Acquisition Means for Altius

7 Nov 2019, 22:39 UTC
What the Voyager Acquisition Means for Altius
(200 words excerpt, click title or image to see full post)

Two weeks ago, we publicly announced Voyager Space Holdings’ intention to acquire Altius. Voyager Space Holdings is a space-focused holding-company, led by one of my mentors, Dylan Taylor. Voyager is acquiring and providing financial and infrastructure support to space businesses like ours, and I’m excited that Altius will be the first to join their team. But for those of you have been following Altius over the years, many of you have been asking: what does this mean for Altius?

A Majority Investment Not A Buyout

The first key detail about this deal is that Voyager is acquiring a majority stake in Altius, but not buying us out completely. What this means is that we’ll still continue as Altius Space Machines, we’ll just now be part of the Voyager Space Holdings family of businesses. I will still be the CEO of Altius going forward, and I will also have a leadership role at Voyager over their satellite servicing group. And the remaining founders, and current and future employees and advisers, will share in the entrepreneurial upside as the company grows. Basically we get to preserve the DNA of the company, while proceeding forward on a much better footing.

An Acceleration Not ...

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