Varda Space

Varda Space

Manufactures products in microgravity environment

About

Varda Space Industries focuses on making low Earth orbit (LEO) accessible for various industries by manufacturing products in the unique microgravity environment of space. The company develops specialized reentry capsules to safely return these products to Earth. Varda is building the necessary infrastructure, including in-orbit production equipment and cost-effective reentry systems, to support these activities. Their clients include companies in telecommunications and pharmaceuticals, among others, that can benefit from the advantages of microgravity for manufacturing. Unlike many competitors, Varda's business model is centered on providing the infrastructure and services for in-space manufacturing, allowing them to charge clients for the use of their facilities and the return of products. The goal of Varda Space is to industrialize low Earth orbit, enabling the production of advanced materials and life-saving drugs that can only be created in space.

Company Stage

Seed

Employees

51-200

Industries

Aerospace, Biotechnology

Total Funding

$166.8M

Headquarters

El Segundo, California

Founded

2020


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Simplify's Take

What believers are saying

  • Varda raised $90M to advance in-space pharmaceutical manufacturing infrastructure.
  • Growing demand for high-performance fiber optics presents a lucrative opportunity for Varda.
  • Reusable rockets have reduced launch costs, making space manufacturing more viable.

What critics are saying

  • Competition from In Orbit Aerospace could challenge Varda's market position.
  • Reliance on Southern Launch may pose logistical challenges for reentry capsules.
  • The space pharmaceutical field is competitive, potentially diluting Varda's market share.

What makes Varda Space unique

  • Varda focuses on microgravity manufacturing for unique terrestrial applications.
  • The company develops specialized reentry capsules for safe product return to Earth.
  • Varda aims to industrialize low Earth orbit for advanced materials and pharmaceuticals.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

11%

Benefits

Exciting team of professionals at the top of their field to working by your side

Working in El Segundo, CA - an awesome Southern California beach city with quick access to entertainment and outdoor activities

Equity in a fully funded space startup that is about to go through massive growth

Company parties and generally a fun atmosphere

401(k)

Unlimited PTO

Health insurance

Lunch and snacks provided on site. Dinners twice a week for those working late.

Parental leave

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