North County-based Space Micro announced on Nov. 22 that Denver-based Voyager Space Inc. has agreed to buy a majority stake in the company.
Space Micro, founded in 2002, is based in Carmel Mountain Ranch. It had $21 million in revenue last year and 101 employees. It describes itself as an engineering-driven business focused on advancing high-performance satellite communications, digital and electro-optical systems, with more than 2.7 million hours of space flight heritage. Its customers include NASA, the U.S. Space Force, U.S. Air Force, Space and Missile Center, U.S. Special Operations Command, Space IL (recipient of the Google X-Prize Moonshot Award) and the German Space Agency.
Voyager said it intends to provide strategic operations support to help advance Space Micro’s technology throughput to civil, commercial and defense customers.
“Space Micro is a perfect addition to Voyager’s growing NewSpace portfolio of entrepreneurs and technology capabilities,” said Matthew Kuta, president and COO of Voyager Space. “What Space Micro has accomplished on their own is outstanding, and they have a diverse customer base to prove it. Now in partnership with Voyager, Space Micro will have the opportunity to expand its technology footprint and remain at the forefront of innovation for advanced satellite and communications systems.”
“For almost two decades Space Micro has developed game-changing technologies and provided trusted high-performance satellite communications systems,” said David Strobel, co-founder and chairman of Space Micro. “Today marks a huge step in our growth trajectory. The satellite constellation market stands at the tipping point of explosive expansion and now, with the Voyager team and operational functions by our side, we will be prepared to scale our technologies to meet these market needs.”
“Expanding our already rapidly growing laser and optical communications systems is a top priority going forward,” said David Czajkowski, co-founder and CEO of Space Micro. “We have an unbeatable record of zero in-orbit failures since our first launch, and that’s a record we seek to maintain as we continue to grow these critical, high-demand satellite technologies.”