Voyager Space Holdings has acquired a majority stake in commercial space holding company XO Markets.
Revealed in December 2020, the transaction also includes XO Markets subsidiary Nanoracks. It involves the infusion of significant growth capital into the business.
Speaking about the acquisition, Dylan Taylor, Chairman and CEO and of Voyager Space Holdings, said: “In the last year, the space industry has undergone a rapid evolution with demand for commercial space services reaching record highs. Innovative companies like Nanoracks are continuing to drive this transformation forward with first-of-their-kind technologies like the Bishop Airlock. We look forward to working with Jeffrey and his team as Nanoracks continues to push the envelope of what’s possible in the years to come, while benefiting from the full support of our integrated model.”
Nanoracks has already launched more than 1,000 projects to the International Space Station, as well as the Bishop Airlock on the SpaceX CRS-21 mission on SpaceX’s Falcon 9 rocket.
Nanoracks is also working on its long-term Space Outpost Programme for private space platforms.
Jeffrey Manber, CEO and co-founder of Nanoracks, added: “Our goal at Nanoracks has always been to develop in-space services and technology that will commercially transform life on Earth and in space. It’s been an incredible honour to have been the first commercial company on the ISS, and with Voyager’s support, I am excited to continue to achieve many more firsts as we move into the era of private space stations.”