Vast

Commercial space stations — Haven-1 launching 2027, the world's first private LEO platform

Space / Defense 📍 Long Beach, CA Founded 2021

Current Valuation

Private

PRIVATE

Vast is building Haven-1, the world's first commercial space station, scheduled to launch in 2027 atop a SpaceX Falcon 9. Founded in 2021 by Ripple co-founder Jed McCaleb — who self-funded the company from his crypto fortune — Vast is headquartered in Long Beach, CA with ~1,000 employees. Haven Demo's 2025 flight made Vast the only commercial space-station company to fly and operate its own spacecraft. In March 2026, Vast closed $500M in financing ($300M Series A equity + $200M debt) led by Balerion Space Ventures, with strategic participation from IQT, the Qatar Investment Authority, Mitsui, MUFG, Nikon, and Space Capital — bringing total private capital to over $1B. Vast is a candidate to inherit ISS commercial operations after the station's planned 2030 deorbit.

Company Profile

CEO

Max Haot

Founded

2021

Long Beach, CA

Employees

~1000

Total Raised

$1.0B

Growth

First commercial-station company to fly and operate its own spacecraft (Haven Demo, 2025); $1B+ private capital

Last Round

Series A + Debt — $500M (Mar 2026) · Lead: Balerion Space Ventures

IPO Status

private

Founders & Key People

Jed McCaleb

Investors

Jed McCaleb (founder) · Balerion Space Ventures · IQT (In-Q-Tel) · Qatar Investment Authority · Mitsui & Co. · MUFG · Nikon · Stellar Ventures · Space Capital · Earthrise Ventures

Products

Haven-1 (private space station, launches 2027)
Haven-2 (ISS-replacement candidate)
Haven Demo spacecraft

Competitors

Axiom Space · Voyager Space (Starlab) · Blue Origin (Orbital Reef) · Sierra Space

SpaceCommercial Space StationsJed McCaleb