A fast-growing aerospace and defense company based in Denver saw record revenues and record bookings in the latest quarter.

Voyager Technologies announced it generated $52.7 million in the second quarter, according to its latest earnings report released Monday. Revenues are up 51% from the first quarter.

The company saw a surge in demand in the aerospace and defense sector, leading to a record $113 million in bookings. It’s up more than 200% from the same time last year.

The demand is growing so quickly, it’s faster than the company can convert into sales, Chairman and CEO Dylan Taylor told investors in an earnings call Tuesday morning.

“As bookings consistently outpace revenue, backlog continues to expand, reinforcing our confidence that today’s growth is supported by durable customer demand rather than quarterly timing,” he explained.

The company’s stock soared 21% to $33.99 when the markets opened Tuesday morning.

Because of the strong first half 2026, the company revised its revenue projections for the year from a $230 million-$255 million range to a $275 million-$305 million range. By the end of the year, the company expects its sales to grow as high as 84% compared to 2025.

Voyager is seeing demand across several aspects in the wider aerospace industry: propulsion, advanced electronics, autonomous mission systems, artificial intelligence technologies and commercial space. One of the biggest drivers of demand is anything related to President Donald Trump’s initiative to build the “Golden Dome” missile defense system.

The company said its awards relating to Golden Dome total $84 million across several customers.

“We view Golden Dome as much more than a single procurement opportunity,” Taylor said.

The Golden Dome got a major boost of financial support from President Trump’s “Big Beautiful Bill,” approved last year to allocate $25 billion for the defense system. Even though Colorado Springs lost the battle to be Space Command’s home to Alabama, the race for winning contracts to build the Golden Dome is expected to help supercharge Colorado’s prominent aerospace economy.

Voyager’s CEO explained the Golden Dome will be a multiyear modernization project that will require many technologies Voyager already specializes in.

“As this architecture continues to develop, we believe Voyager is exceptionally well-positioned to participate across numerous layers of this critical missile defense architecture,” he said.

The Denver company is also trying to get into the lunar base business.

Voyager closed on its acquisition of Astrobotic Technology, a Pittsburgh-based aerospace company that develops lunar landers, rovers, robots and rockets. It’s known for being the first commercial company to attempt to land on the moon, but failed to get there in 2024 due to a propellant leak. That landing feat was later claimed by Texas-based Firefly Aerospace.

The acquisition is part of the company’s plan to deepen its space products. The lunar and space program could bring in more than $1 billion of opportunity, said Voyager’s chief financial officer Phil De Sousa.

“The great news is we’re not tied to any one specific program and/or award as we execute,” he said.

Still, the company’s Starlab is a major asset for its future.

Starlab is the private space station aiming to become a replacement for the International Space Station once the ISS retires in 2030. It has already secured over $500 million in commercial and government reservations, a sign of strong demand, De Sousa said.

Last month, NASA released a draft Request for Proposal to get more feedback on the government’s plan to decommission the ISS after concerns sparked pushback from the industry when NASA pivoted to make the replacement space station government owned. The agency previously believed the commercial sector couldn’t manage a space station on its own, but has since reversed course.

It’s caused a delay in procuring an official replacement space station, but Taylor said he expects an official RFP to be released later this year and a selection for the two space station contractors to be made next year.

Now that NASA is back to its original plan to support a commercially operated space station, Taylor said he feels more confident about Starlab’s position in the space station race.

It would have a more spacious design and wouldn’t require assembly in space, he explained.

“Our single launch to orbit solution, our operational day one approach as opposed to on-orbit assembly, the full scale of Starlab with this larger design is highly differentiated compared to some of the other solutions out there,” Taylor said.