10-Q

Quarterly report

✓ VerifiedVoyager's quarterly report shows $153.2 million of funded backlog, 83.5% tied to the United States government, and $10.3 million remaining on the $217.5 million NASA Starlab development grant.

Filed May 5, 2026 · 13:13 ET

Summary

Total backlog was $275.3 million, of which $153.2 million was funded; the company anticipates converting 71.2% of funded backlog to revenue during the rest of 2026.
The United States government represents 83.5% of funded backlog value.
NASA grant proceeds total $207.2 million to date against the $217.5 million Starlab design grant, leaving $10.3 million of eligible proceeds.
Gross research and development costs were $13.1 million, up from $6.0 million.

Key facts

Funded backlog: $153.2 million
From the filing for Funded backlog
“Total backlog as of March 31, 2026 was $275.3 million, of which $153.2 million was funded”
Starlab grant: $10.3 million remaining
From the filing for Starlab grant
“We have $10.3 million of eligible proceeds remaining as of March 31, 2026, from our $217.5 million development grant with NASA”

Why it mattersStarlab's NASA funding is nearly drawn, which makes the next capital decisions for the station program the story to watch.

Filed: May 5, 2026
Accepted: 2026-05-05 17:13Z
Period: Mar 31, 2026
Accession no.: 0001628280-26-030331
Size: 7.7 MB
Index: Filing index

Summary

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