Vast raises $500 million in new private investment capital

Vast’s full Haven-2 station once completed
The space station startup Vast today announced it has raised another $500 million in new private investment capital, bringing the total so far invested in the company’s space station project to more than one billion.
The financing round was led by Balerion Space Ventures with participation from IQT, Qatar Investment Authority (QIA), Mitsui & Co., Ltd, MUFG, Nikon Corporation (Nikon), Stellar Ventures, Space Capital, and Earthrise Ventures. Jed McCaleb, founder and first investor, also participated in the round. As part of the transaction, Balerion Advisor A.C. Charania, former Chief Technologist for NASA, will join the Vast board.
…To date, more than $1 billion has been invested in Vast’s space stations technologies and facilities—resources that NASA and government partners can leverage to ensure readiness to replace the ISS in 2030. The latest financing includes $300 million in Series A equity and $200 million in debt to support the continued development of Vast’s Haven space stations. The funds will be used to expand facilities, grow the team, and advance the company’s proposed successor to the ISS, Haven-2, designed to ensure continuous human presence in low-Earth orbit for the United States and its allies.
Hat tip to reader Richard M for letting me know about this announcement.
In my rankings below of the five American commercial space stations presently in development, I rank Vast #1. This new investment helps solidify its first place standing.
» Read more

Vast’s full Haven-2 station once completed
The space station startup Vast today announced it has raised another $500 million in new private investment capital, bringing the total so far invested in the company’s space station project to more than one billion.
The financing round was led by Balerion Space Ventures with participation from IQT, Qatar Investment Authority (QIA), Mitsui & Co., Ltd, MUFG, Nikon Corporation (Nikon), Stellar Ventures, Space Capital, and Earthrise Ventures. Jed McCaleb, founder and first investor, also participated in the round. As part of the transaction, Balerion Advisor A.C. Charania, former Chief Technologist for NASA, will join the Vast board.
…To date, more than $1 billion has been invested in Vast’s space stations technologies and facilities—resources that NASA and government partners can leverage to ensure readiness to replace the ISS in 2030. The latest financing includes $300 million in Series A equity and $200 million in debt to support the continued development of Vast’s Haven space stations. The funds will be used to expand facilities, grow the team, and advance the company’s proposed successor to the ISS, Haven-2, designed to ensure continuous human presence in low-Earth orbit for the United States and its allies.
Hat tip to reader Richard M for letting me know about this announcement.
In my rankings below of the five American commercial space stations presently in development, I rank Vast #1. This new investment helps solidify its first place standing.
» Read more















