Varda Space Industries (Varda Space)

OEM : Aerospace : In-Space Manufacturing

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Torrance, California, United States

VC-A; Khosla Ventures, Lux Capital, Founders Fund, Caffeinated Capital, General Catalyst, Also Capital

Varda is creating a three-piece spacecraft, consisting of a commercially-available spacecraft platform, the manufacturing module, and a heatshield-protected capsule to reenter through the atmosphere and land under parachutes. The company is aiming to have its first launch and reentry in 18 months, with the goal of bringing back about 100 kilograms (or 220 pounds) of material. Varda is at preliminary design review-level currently, Bruey said, going through final details with regulators and stakeholders.

Recent Posts

What’s Actually Inspiring Manufacturing in Outer Space?

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Reduced launch costs have inspired in-space manufacturing startups to build the first orbiting industrial park. In a record feat, industrial autonomy controls a chemical plant for 35 straight days! NVIDIA’s GTC 2022 puts the spotlight on AI within industry.

Assembly Line

Varda Raises $42MM Series A, to build humanity’s first Space Factories

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Topics: funding event

Organizations: Varda Space, Khosla Ventures

Varda Space Industries, a company building space factories, announced a $42mm Series A. The company — founded just 8 months ago — has raised over $53mm to date, showing the appetite for Varda’s near-term, pragmatic, and commercially viable approach to space manufacturing. The company produces an assortment of materials that are only possible to make in the zero-gravity environment of space and brings them back to customers on Earth. The company will launch its first space factory in Q1 2023 and return a first batch to Earth a month later.

Read more at Varda Blog