You Might Be Able to Invest in the Starlab Space Station -- but Should You?
Should you invest in Starlab, or in the company that wants to build Starlab?
The International Space Station (ISS) is nearing the end of its operational life, with NASA planning to deorbit it and have it sink into the ocean after 2030. To replace the ISS, a consortium led by Voyager Technologies, along with partners such as Hilton Worldwide, Leidos, Northrop Grumman, and Palantir, is competing for the Starlab project.
There are rumors of an effort to raise $300 million in Series A funding for Starlab, which would involve selling preferred units valued at around $90,000 each. However, this investment opportunity may not be easily accessible, as investors would first need to find a private investment company invited to participate. Starlab has received $211 million in grant funding from NASA and $15 million from the Texas Space Commission, but it currently has no revenue or profit.
The joint venture has $500 million in commercial reservations, but the cost of building and launching the space station is estimated at $2.8 billion to $3.3 billion. Some investors may prefer to focus on publicly traded companies like Voyager Technologies, which leads the development of Starlab. Despite a non-profitable status, Voyager has generated $174 million in revenue over the past year and is predicted to reach nearly $1.9 billion in annual sales by 2029, making it potentially an attractive investment.
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