Space Firm Voyager Shares Rocket 82% After Upsized IPO

Shares in Voyager Technologies jumped by 82% in their trading debut, after the defense and space firm raised $383 million in an upsized initial public offering .

The Denver-based firm’s stock surged as much as 139% and closed at $56.48 on Wednesday. The company sold more than 12.3 million shares at $31 each, pricing above their marketed range of $26 to $29.

Voyager is the second space company to go public this year, and investor demand has been strong for the shares. Karman Holdings went public in February and is currently trading more than double its $22 IPO price, as of Wednesday. Morgan Stanley and JP Morgan were Voyager’s lead underwriters.