Voyager Technologies has completed its acquisition of Estes Energetics, a prominent American manufacturer of energetics, propulsion materials, and specialized chemical compounds essential to missile defense systems and tactical munitions. The transaction marks a significant expansion of Voyager’s operational footprint across high-growth propulsion and energetics markets, strengthening the company’s strategic position amid increasing global demand for domestic defense production.
Headquartered in Denver and publicly traded on the NYSE under the ticker VOYG, Voyager now gains full end-to-end control over the production, certification and quality assurance of critical energetics. Estes Energetics supplies materials foundational to both missile defense infrastructure and advanced maneuver capabilities across defense, commercial and civil sectors.
The company described the acquisition as a vital move to reinforce American manufacturing independence at a time when international supply chains remain vulnerable. By integrating Estes’ production capabilities, Voyager establishes a fully vertically integrated model that spans from raw materials to ballistic release, addressing longstanding gaps in the domestic industrial base and enabling rapid scaling to meet urgent operational demands.
Executives emphasized that increasing U.S. production capacity for energetics is essential for national readiness, allied support and long-term modernization across multiple defense domains. The deal positions Voyager to provide more predictable, cost-effective production for propulsion materials and maneuver energy solutions while also enabling faster munitions manufacturing in response to global security challenges.
With Estes now part of its portfolio, Voyager intends to invest further in advanced energetics infrastructure, expand manufacturing throughput and accelerate the introduction of new propulsion innovations for use across defense, space and national security missions.
Voyager Technologies continues to grow its presence as a leading developer of mission-critical space and defense technologies. The company focuses on delivering advanced solutions that protect national assets, strengthen defense logistics and support emerging operational requirements across multiple domains.
KEY QUOTES:
“We are closing a key gap in our national readiness posture by ensuring American leadership over energetics, which are foundational to how we protect, maneuver and project strength. This significantly strengthens the position of our propulsion capabilities from ground to orbit. As global supply chains become increasingly fragile, these capabilities must be built, qualified and safeguarded here at home, with transparent certification, rigorous safety oversight and the surge capacity to meet urgent operational needs.”
Dylan Taylor, Chairman and CEO, Voyager
“Energetics are the key to modern all-domain maneuver across commercial, civil and defense, and domestic control of this critical capability is fundamental to mission readiness. With Estes, we are strengthening our capabilities as a company, ensuring our ability to provide cost-effective maneuver energy in all forms. And we’re ensuring the ability to scale munitions production quickly and predictably for growing market demand.”
Matt Magaña, President of Space, Defense & National Security, Voyager
“We have the surge capacity, quality oversight and integrated supply chain resilience to support rapid fielding, routine training and long-term modernization. Now with Voyager, we can expand production, invest in new capabilities and support customers across defense, space and national security with certainty and scale.”
Karl Kulling, CEO, Estes Energetics

