Building the ISS Successor: Vast Raises $500M for Haven Commercial Space Stations [Los Angeles Times (CA)]
MITSUI & CO LTD ADR (MITSY)
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Source: Los Angeles Times
Vast's strategic roadmap includes low-Earth orbit space stations, future habitats for the moon and Mars and crewed systems that will expand the commercial space economy while strengthening partnerships and capabilities in support of national defense objectives “This investment underscores the market's strong conviction in both our strategy and our engineering,” said Max Haot, chief executive of Vast, in a statement. “The low-Earth orbit economy is at a pivotal inflection point, poised for rapid growth. Vast's Haven stations are engineered to deliver safe, cost-effective access to microgravity research and in-space manufacturing , empowering government and commercial partners to unlock the full commercial promise of this next era for space.” 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, found
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