On October 27, Voyager Technologies announced its acquisition of ExoTerra Resource, a developer specializing in propulsion systems. The financial details of the agreement were not disclosed. Dylan Taylor, Voyager chairman and CEO, stated, “We’re amplifying our collective mission capability with ExoTerra, accelerating delivery across defense and commercial markets. 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.”
ExoTerra, based in Colorado and established in 2011, has expanded its workforce and moved to larger facilities to meet the increasing demand for satellite propulsion systems. Funding obtained in 2024 enabled ExoTerra to achieve its objective of delivering 15 Iris250 propulsion modules in a single month. Mike VanWoerkom, CEO of ExoTerra, commented, "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. 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.”
ExoTerra initially demonstrated its Halo Hall-effect thrusters in orbit on DARPA Blackjack satellites. York Space Systems also utilizes ExoTerra propulsion modules for satellites designed for the Space Development Agency Transport Layer. Since becoming a public company in June, Voyager executives have been exploring merger and acquisition opportunities, according to Matt Magaña, Voyager Defense & National Security president, speaking at the International Astronautical Congress in Sydney, Australia. Magaña noted, “We have a map of where the gaps are within our government and allies for mission capability. How do I go fill those particular gaps to solve that mission? We are looking for very strategic acquisitions.”
Voyager shifted its focus from commercial space to national security in early 2025. According to the news release, “Combining ExoTerra’s capabilities with its deep portfolio of mission-critical technologies, Voyager is well positioned for strategic initiatives such as Golden Dome.” ExoTerra also provides propulsion systems to NASA and various commercial customers.