Vast has closed a $300M Series A to continue production of its Haven commercial space station, the company announced this morning.
In addition, Vast took on $200M in debt, bringing its total new funding in the door to $500M.
Series A deets: Balerion Space Ventures led the round, which also included participation from IQT, Qatar Investment Authority, Mitsui & Co. Ltd., MUFG, Nikon Corporation, Stellar Ventures, Space Capital, and Earthrise Ventures—as well as Jed McCaleb, Vast’s founder.
“The low-Earth orbit economy is at a pivotal inflection point, poised for rapid growth,” Vast CEO Max Haot said in a statement. “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.”
As part of the investment, Balerion advisor and former NASA chief technologist A.C. Charania will join Vast’s board.
Bustling: It’s been a busy start to 2026 for Vast. After announcing in January that it would delay the launch of Haven-1 from 2026 to Q1 2027, Vast shared in February that it had won its first private astronaut mission to the ISS. If the company sticks to its monthly update cadence so far this year, we can’t help but wonder what they have up their sleeves for April.
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PLD Space just doubled its money. The Spanish launch startup announced a €180M ($209.5M) Series C round yesterday—putting the company’s total funding over €350M ($407.4M), and supporting its plans to rapidly grow launch cadence.
The round was led by Mitsubishi Electric. It included funds from the Spanish government—both from the Ministry of Science, Innovation, and Universities, and from the Spanish public funds management company COFIDES—as well as from Nazca Capital.
The new funds give PLD a huge boost in its effort to clear significant milestones this year.
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