Commercial space station company Vast raises $500 million
Posted: Sun, Mar 8, 2026, 9:43 AM ET (1343 GMT)
Commercial space station developer Vast raised $500 million. The company announced Thursday it raised $300 million in a Series A equity round and $200 million in debt. Balerion Space Ventures led the round with participation from several other investors. Vast will use the funding to accelerate work on its Haven line of commercial space stations, starting with the single-module Haven-1 launching in 2027 and the Haven-2 multi-module station proposed for NASA's Commercial LEO Destinations program. Vast had been funded until now by its founder, cryptocurrency billionaire Jed McCaleb, who also participated in the round
Commercial space station developer Vast raised $500 million. The company announced Thursday it raised $300 million in a Series A equity round and $200 million in debt. Balerion Space Ventures led the round with participation from several other investors. Vast will use the funding to accelerate work on its Haven line of commercial space stations, starting with the single-module Haven-1 launching in 2027 and the Haven-2 multi-module station proposed for NASA's Commercial LEO Destinations program. Vast had been funded until now by its founder, cryptocurrency billionaire Jed McCaleb, who also participated in the round
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