TAMPA, Fla. — Voyager Technologies launched its initial public offering (IPO) of shares June 2, targeting a valuation of $1.6 billion for the six-year-old space and defense company.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...