Vast Space is a private American aerospace company established in 2021, with headquarters in Long Beach, California. It focuses on developing artificial gravity space stations, with the goal of enabling long-term human habitation in space. Vast is currently developing Haven-1, a commercial space station scheduled to launch in 2025 aboard a SpaceX Falcon 9 rocket, and Haven-2, a proposed successor to the International Space Station (ISS). Key partners include SpaceX, and they are targeting customers such as NASA, commercial researchers, and private astronauts.
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Balerion Space Ventures led the financing round for Vast Space.
Vast’s Haven Demo spacecraft successfully completed its mission last month as an in-orbit testbed to prove out space station technologies.
Balerion advisor A.C. Charania, former Chief Technologist for NASA, will join the Vast board as part of the transaction.
Vast is working toward the launch of Haven-1 in 2027.
Vast was founded in 2021.
Vast aims for Haven-1 to be the world’s first commercial space station.
Vast is conducting a private astronaut mission awarded to the company by NASA.
The $500 million financing for Vast Space consists of $300 million in Series A equity and $200 million in debt financing.
Vast Space raised $500 million in new funding on March 9, 2026.
Vast’s strategic roadmap includes low-Earth orbit space stations, future habitats for the Moon and Mars, and crewed systems to expand the commercial space economy and support national defense objectives.
Vast’s vertically integrated model has delivered a 10X reduction in primary structure manufacturing costs compared to traditional space station programs.
Jed McCaleb, founder and first investor of Vast Space, participated in the financing round.
Vast has flown, operated, and deorbited Haven Demo as part of its engineering validation activities.
The Vast-1 mission will ferry a crew of four aboard a SpaceX Dragon for a 30-day stay focused on materials science and biotechnology.
Haven-2 is Vast’s primary bid for NASA’s Commercial Low Earth Orbit Destinations Phase 2 program.
Max Haot is the CEO of Vast Space.
More than $1 billion has been invested in Vast’s space station technologies and facilities to date.
The Haven Demo testbed proved Vast’s software, avionics, and thermal control systems in late 2025.
Vast is pursuing the Commercial Low Earth Orbit Destinations Phase 2 bid to build a proposed successor to the International Space Station.
Vast is currently integrating Haven-1, which is scheduled to be the world’s first commercial space station.