Voyager Technologies Acquires ExoTerra Resources

SAN FRANCISCO — Voyager Technologies announced the acquisition Oct. 27 of propulsion-system developer ExoTerra Resource. Terms of the deal were not disclosed.

“We’re amplifying our collective mission capability with ExoTerra, accelerating delivery across defense and commercial markets,” Dylan Taylor, Voyager chairman and CEO, said in a statement. “As freedom of maneuver becomes central to space control and deterrence, it’s imperative that reliable propulsion systems are built, tested and qualified right here in the United States.”

Colorado-based ExoTerra, founded in 2011, has spent the last couple of years expanding its staff and moving into larger facilities to meet growing demand for satellite propulsion. Money raised in 2024 helped ExoTerra reach its goal of delivering 15 Iris250 propulsion modules in one month.

“We’ve spent years developing efficient, compact and reliable electric propulsion systems, and joining forces with Voyager allows us to enhance and deliver these systems at scale,” ExoTerra CEO Mike VanWoerkom said in a statement. “Together, we’ll manufacture flight-proven propulsion technologies that fortify the nation’s ability to manufacture and field spacecraft with speed, resilience and cost efficiency.”

Halo Hall-Effect Thrusters

ExoTerra first demonstrated its Halo Hall-effect thrusters in orbit on DARPA Blackjack satellites. York Space Systems also relies on ExoTerra propulsion modules for satellites built for the Space Development Agency Transport Layer.

Since becoming a public company in June, Voyager executives have been evaluating merger and acquisition opportunities, Matt Magaña, Voyager Defense & National Security president, told SpaceNews at the International Astronautical Congress in Sydney, Australia, earlier this month.

“We have a map of where the gaps are within our government and allies for mission capability,” Magaña said. “How do I go fill those particular gaps to solve that mission? We are looking for very strategic acquisitions.”

Voyager pivoted from focusing on commercial space in early 2025 to national security. “Combining ExoTerra’s capabilities with its deep portfolio of mission-critical technologies, Voyager is well positioned for strategic initiatives such as Golden Dome,” according to the news release.

ExoTerra also supplies propulsion systems to NASA and commercial customers.