Voyager Technologies, Wall Street’s latest initial public offering, is ready to rocket into the stratosphere on Wednesday when it starts trading on the New York Stock Exchange. The time is TBD. The defense and space tech company—Palantir,

Shares of space- and defense-technology company Voyager Technologies climbed in their New York Stock Exchange debut, another sign of an improving market for initial public offerings.

(Reuters) -Starlab Space Station developer Voyager Technologies secured a valuation of $3.8 billion after its shares surged 125% in their New York debut on Wednesday, signalling strong interest in the defense and space sector that is expected to thrive under the Trump administration.