Voyager Space has completed the purchase of a majority interest in commercial space holding company XO Markets.

Revealed in December 2020, the transaction also includes XO Markets subsidiary Nanoracks. It involves the infusion of significant growth capital into the business.

The financial details of the deal remain undisclosed.

Nanoracks provides low-cost, high-quality solutions required for satellite deployment, along with basic and educational research in over 30 countries.

The company has already launched more than 1,000 projects to the International Space Station, as well as the Bishop Airlock on the SpaceX CRS-21 mission on SpaceX’s Falcon 9 rocket.

Nanoracks is also working on its long-term Space Outpost Program for private space platforms.

Voyager chairman and CEO Dylan Taylor said: “In the last year, the space industry has undergone a rapid evolution with demand for commercial space services reaching record highs.

“Innovative companies like Nanoracks are continuing to drive this transformation forward with first-of-their-kind technologies like the Bishop Airlock.

“We look forward to working with Jeffrey and his team as Nanoracks continues to push the envelope of what’s possible in the years to come while benefiting from the full support of our integrated model.”

Last month, Voyager completed the acquisition of The Launch Company, which specialises in the development of the systems, hardware, and processes to accelerate NewSpace companies to orbit.

In line with the NewSpace mission, Voyager recently inducted former Nasa administrator Jim Bridenstine to chair its advisory board.