Voyager Technologies outlined plans for an initial public offering that could give the defense and space technology company a market capitalization topping $1.6 billion.

Voyager on Monday said it plans to sell 11 million shares at between $26 and $29 apiece in the IPO.

At the $27.50 midpoint of that range, the Denver company said it expects net proceeds of about $274.2 million, or roughly $316.4 million if the underwriters exercise their option to buy an additional 1.65 million shares.

Voyager said it would have nearly 56.7 million shares outstanding after the IPO, assuming an exercise of the overallotment option, for a market capitalization of around $1.64 billion at the $29-a-share high end of the expected price range.

Voyager plans to list its shares on the New York Stock Exchange under the symbol VOYG.