Starlab Closes Credit Facility

HOUSTON--(BUSINESS WIRE)--Starlab Space LLC closed a credit facility led by Texas Capital. The company expects fundings drawn under the facility to support Starlab’s continued progress across its development plan, including long-lead investments aligned with program needs, and for general working capital.

“Our credit facility strengthens our financial flexibility, providing disciplined access to capital as we advance the program on schedule,” said Marshall Smith, CEO of Starlab.

Effectiveness of the commitments and availability of funds under the credit facility are subject to the terms of the credit agreement.

About Starlab

Starlab Space is a U.S.-led, global joint venture among Voyager Technologies (NYSE: VOYG), Airbus, Mitsubishi Corporation, MDA Space, Palantir Technologies, and Space Applications Services, with strategic partners including Hilton, Journey, Northrop Grumman, and The Ohio State University. Starlab is developing a next-generation, AI-enabled commercial space station, aiming to ensure continued human presence in low-Earth orbit and a seamless transition of microgravity science and research alongside the retirement of the International Space Station. Starlab's advanced, user-driven design and robust capabilities make it a premier platform for scientific discovery and technological advancement in space. For more information, visit starlab-space.com.