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Why Voyager Technologies Stock Just Popped
Yahoo Financeยท 2025-09-22 17:34
Group 1 - Voyager Technologies has acquired BridgeComm Technologies to enhance its optical communication solutions for defense and commercial markets [1] - Following the acquisition announcement, Voyager's stock surged by 11.1% [1] - The acquisition details are vague, with no disclosed purchase price or information on BridgeComm's revenue and profitability [4][6] Group 2 - Voyager Technologies is currently unprofitable, having reported a loss of $82 million over the last 12 months [7] - The company has a strong cash position post-IPO, with $460 million more cash than debt, but is burning through cash at a rate of $145 million per year [7] - The acquisition may reduce the company's cash reserves, leaving it with approximately three years' worth of cash [7]