Voyager Technologies (HAM:1QH) Construction In Progress: €167.9 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:1QH Voyager Technologies Inc HAM:1QH
10 GF Score
Price €36.80
! 5 Warning Signs
View Full Analysis

What is Voyager Technologies Construction In Progress?

Voyager Technologies HAM:1QH -1.60% 10 Construction In Progress is €167.9 Mil as of Jun. 2026. GuruFocus rates HAM:1QH with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

Voyager Technologies's quarterly construction in progress increased from Dec. 2025 (€122.9 Mil) to Mar. 2026 (€148.1 Mil) and increased from Mar. 2026 (€148.1 Mil) to Jun. 2026 (€167.9 Mil).

Voyager Technologies's annual construction in progress increased from Dec. 2023 (€0.3 Mil) to Dec. 2024 (€35.6 Mil) and increased from Dec. 2024 (€35.6 Mil) to Dec. 2025 (€122.9 Mil).

Voyager Technologies Construction In Progress Historical Data

* Premium members only.

The historical data trend for Voyager Technologies's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Voyager Technologies Construction In Progress Chart

Voyager Technologies Annual Data
Trend Dec23 Dec24 Dec25
Construction In Progress
0.33 35.58 122.86

Voyager Technologies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 48.88 80.90 122.86 148.10 167.94
HAM:1QH
10GF Score
Voyager Technologies Inc HAM:1QH
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voyager Technologies Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €167.9 Mil mean?
Voyager Technologies (HAM:1QH) has a Construction In Progress of €167.9 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Voyager Technologies and its competitors.
Is Voyager Technologies' Construction In Progress too high?
Voyager Technologies' current Construction In Progress is €167.9 Mil. Overall, Voyager Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Technologies' Construction In Progress compare to CDRE and RCAT?
Voyager Technologies' Construction In Progress of €167.9 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Voyager Technologies and its competitors. Voyager Technologies's current Construction In Progress is €167.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Technologies stock overvalued right now?
Voyager Technologies (HAM:1QH) has a current Construction In Progress of €167.9 Mil. The current Construction In Progress is €167.9 Mil. Voyager Technologies' overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Voyager Technologies (HAM:1QH), the current Construction In Progress is €167.9 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voyager Technologies Business Description

Other Exchanges VOYG:USA
Address 1225 17th Street, Suite 1100, Denver, CO, USA, 80202
Voyager Technologies Inc is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. It operates across three primary divisions namely Defense and National Security that provides innovative mission-critical solutions to protect dynamic and contested domains. Pioneer communications technologies, guidance, navigation and controls, signals intelligence and defense systems. Space Solutions delivers space infrastructure, advanced space technology, science systems and mission services that power commercial, academic and government missions from low-Earth orbit to deep space. and Starlab Space Stations is a commercial space station planned to succeed the ISS and provide continued permanent human presence in space.
10GF Score

Get the complete analysis for HAM:1QH

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.80
Price