WASHINGTON — Voyager Space Holdings, a company recently established to serve as a holding company and long-term funding source for space startups, has acquired its first company, space technology firm Altius Space Machines.
Voyager announced Oct. 23 its intent to acquire Altius, a deal that it said is subject to “customary closing conditions.” Terms of the deal between the two Colorado-based companies were not disclosed.
Engineer and space entrepreneur Jon Goff founded Altius in 2010 after serving as lead propulsion engineer for Masten Space Systems when it won the Northrop Grumman Lunar Lander Challenge, part of NASA’s Centennial Challenges Program, in 2009. Altius has worked on a variety of spacecraft technologies since its founding.
In recent years, Altius focused on satellite servicing systems, including technologies for grappling spacecraft and propellant transfer. The company has proposed its own satellite servicing system, called Bulldog, a project that would require Altius to raise significant additional funding.
“As an entrepreneur in a leading-edge portion of the space market, it’s been challenging to secure the financial resources we’ve needed to deliver on our vision,” Goff, chief executive of Altius, said in a statement. “When the Voyager team explained their vision, I knew it was an ...