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DENVER - Voyager Technologies, Inc. (NYSE:VOYG), a $1.73 billion market cap defense technology company currently rated as undervalued by InvestingPro analysis, has appointed Paul Tilghman as Chief Technology Officer, effective today, according to a company press release.
Tilghman will lead Voyager’s technology strategy and innovation across ground, air and space domains. He joins the defense and space technology company, which maintains a strong balance sheet with a current ratio of 5.6 and minimal debt-to-equity of 0.02, from Anduril Industries, where he served as chief engineer of Connected Warfare.
At Anduril, Tilghman launched a Joint All-Domain Command and Control strategy and created an Electromagnetic Spectrum Operations business area. His prior experience includes establishing DARPA’s wireless AI research area, where he managed $350 million in contracts focused on national security applications.
Tilghman also previously worked at Microsoft’s Azure Space Connectivity organization and held leadership positions at Lockheed Martin’s Advanced Technology Laboratories.
"Space and defense must accelerate to match the pace of the threat, and success will hinge on blending defense, commercial and dual-use technologies with rapid AI adoption," Tilghman said in the statement. The appointment comes as Voyager faces market challenges, with the stock down 45.5% over the past six months. InvestingPro subscribers can access 8 additional key insights about Voyager’s financial health and market position in the comprehensive Pro Research Report.
Dylan Taylor, CEO of Voyager Technologies, said Tilghman’s "ability to translate concepts into deployed systems will push the boundaries of what’s possible."
Tilghman holds a bachelor’s degree in computer engineering from the Rochester Institute of Technology and a master’s degree in electrical engineering from Drexel University.
In other recent news, Voyager Technologies Inc. reported its Q2 2025 earnings, showing a revenue of $46 million, which is a 25% increase compared to the previous year. Despite this revenue growth, Voyager posted an adjusted earnings per share (EPS) loss of $0.60, raising concerns about its profitability and operational losses. In a strategic move, the company acquired ElectroMagnetic Systems, Inc. (EMSI), a developer of AI and machine learning software for space-based radar systems. This acquisition aims to bolster Voyager’s capabilities in automated target recognition and intelligence analytics. Additionally, Voyager invested in Latent AI to enhance its edge computing capabilities, particularly for real-time intelligence processing in space-based environments. These recent developments reflect Voyager’s efforts to strengthen its technological offerings and address operational challenges.
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