Vast: $500 Million Raised For Commercial Haven Space Station Development
By Amit Chowdhry ● Today at 10:46 AM
Vast, a space station developer focused on enabling long-term human presence in orbit, announced that it has raised $500 million in new funding to accelerate the production of its Haven space stations and advance the commercial low-Earth orbit economy. The financing round was led by Balerion Space Ventures and included participation from IQT, Qatar Investment Authority (QIA), Mitsui & Co., Ltd., MUFG, Nikon Corporation, Stellar Ventures, Space Capital, and Earthrise Ventures. Vast founder Jed McCaleb also participated in the round. As part of the investment, A.C. Charania, an advisor at Balerion and former Chief Technologist for NASA, will join the company’s board.