Astrobotic's Griffin lunar lander will deliver Astrolab's FLIP lunar rover. Credit: Astrobotic
WASHINGTON — Voyager Technologies will acquire Astrobotic, a company developing lunar landers and reusable suborbital vehicles, in a deal worth up to $300 million.
The companies announced early June 2 that they had reached an agreement under which Voyager will acquire Pittsburgh-based Astrobotic as part of Voyager’s efforts to develop lunar infrastructure.
Voyager will spend $162 million in cash and stock for Astrobotic, along with assuming $9 million in debt. The deal includes up to an additional $129 million in earnout payments contingent on meeting performance milestones. The transaction is expected to close in July, pending regulatory approvals.
Astrobotic is best known for developing lunar landers. Its first lander, Peregrine, launched in January 2024 on the first mission of NASA’s Commercial Lunar Payload Services, or CLPS, program. However, the spacecraft suffered a propulsion malfunction hours after launch that ruled out a lunar landing, and the spacecraft instead flew through cislunar space for a week and a half before reentering.
