Starlab Space LLC, a joint venture that includes Voyager Technologies, Airbus, Mitsubishi, MDA, Palantir, and Space Applications Services, secured a credit facility led by Texas Capital on December 22, 2025. The facility is intended to provide disciplined access to capital to support Starlab’s development plan and general working‑capital needs.
The joint venture is pursuing a next‑generation, AI‑enabled commercial space station that is expected to enter orbit by 2029, a key milestone in Voyager Technologies’ long‑term strategy to replace the International Space Station. The financing gives Starlab the flexibility to fund critical milestones such as the completion of its Preliminary Design Review with NASA and the selection of SpaceX’s Starship as the launch vehicle.
Starlab’s CEO Marshall Smith said the new facility “strengthens our financial flexibility, providing disciplined access to capital as we advance the program on schedule.” The credit line is part of a broader effort to secure the capital required for the capital‑intensive development of a commercial space habitat, and it underscores the confidence of Texas Capital in the venture’s long‑term prospects.
The joint venture’s partners bring complementary expertise: Voyager Technologies provides the core space‑station architecture, Airbus contributes aerospace manufacturing capabilities, Mitsubishi and MDA contribute propulsion and systems integration, Palantir offers data‑analytics platforms, and Space Applications Services supplies mission‑critical software. Together, they aim to create a sustainable, commercial low‑Earth orbit destination that will support scientific research, manufacturing, and tourism.
While the specific terms of the credit facility were not disclosed, the announcement signals that Starlab has secured a reliable source of capital to meet its development schedule and to maintain liquidity for operational needs. The move is expected to support Voyager Technologies’ broader strategy of expanding its presence in the emerging commercial space economy.
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