Home News Voyager Space Holdings, Inc. acquires majority stake of XO Markets, parent of...

Voyager Space Holdings, Inc. acquires majority stake of XO Markets, parent of Nanoracks

< 1 Minute Read

Voyager Space Holdings, Inc., a global leader in space exploration, has announced it has acquired a majority stake in XO Markets and its largest subsidiary, Nanoracks, the world’s leading provider of commercial space services. In Dec. 2020, Voyager announced its intent to acquire majority control of the company through the infusion of growth capital and with today’s closing, adds industry leading commercial space services to its list of vertically integrated NewSpace capabilities.

“In the last year, the space industry has undergone a rapid evolution with demand for commercial space services reaching record highs,” said Dylan Taylor, Chairman and CEO and of Voyager Space Holdings. “Innovative companies like Nanoracks are continuing to drive this transformation forward with first-of-their-kind technologies like the Bishop Airlock. We look forward to working with Jeffrey and his team as Nanoracks continues to push the envelope of what’s possible in the years to come, while benefiting from the full support of our integrated model.”

“Our goal at Nanoracks has always been to develop in-space services and technology that will commercially transform life on Earth and in space,” said Jeffrey Manber, CEO and co-founder of Nanoracks. “It’s been an incredible honor to have been the first commercial company on the ISS, and with Voyager’s support, I am excited to continue to achieve many more firsts as we move into the era of private space stations.”

Voyager continues to make major strides, recently appointing industry veteran and former NASA Administrator Jim Bridenstine to chair its Advisory Board and completing its acquisition of The Launch Company. Voyager also strengthened its Board of Directors, adding former undersecretary of technology Dr. Cheryl Shavers, experienced technology executive, board director, and financial leader Marian Joh, and former undersecretary of defense for acquisition and sustainment, Ellen Lord.