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About VAST
Industries
Industrial & Manufacturing
Aerospace
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Long Beach, California
Founded
2021
Overview
Vast Space develops artificial gravity space stations designed to support human life beyond Earth. Their technology uses large spinning structures to create centrifugal force, which mimics Earth's gravity, addressing the health issues caused by weightlessness during long-term space missions. The company primarily serves clients in the aerospace sector, including government agencies and private space exploration companies, by providing advanced habitats for missions to the Moon and Mars. Vast Space differentiates itself by focusing on sustainable space habitats that can be customized for various scientific and industrial applications. Their goal is to expand humanity's presence in the solar system while ensuring that growth does not harm Earth's ecosystem.
Simplify's Take
What believers are saying
- Increased interest in space tourism boosts demand for Vast's innovative habitats.
- Partnerships with NASA and SpaceX enhance Vast's credibility and technical capabilities.
- Advanced materials development supports the construction of durable space stations.
What critics are saying
- Emerging competition from Jed McCaleb's venture may divert clients from Vast.
- Reliance on SpaceX for launches poses risks if delays or issues occur.
- Partnership with AddValue may face challenges if technology standards are unmet.
What makes VAST unique
- Vast Space focuses on artificial gravity stations, unlike traditional zero-gravity habitats.
- The company partners with SpaceX for advanced connectivity and transport solutions.
- Vast's modular design allows customizable and scalable space habitats.
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6 month growth
↑ 8%1 year growth
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↑ 7%Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEWhat do you do after amassing a fortune from cryptocurrency? Build a space station, of course.That’s exactly what Ripple co-founder Jed McCaleb is doing, according to a report by Bloomberg.While crypto investors say they’re “going to the moon” when Bitcoin surges, McCaleb, a longtime industry pioneer, is aiming for the real thing.“It’s super important that people take this leap from where we are today to this potential world where there’s a lot of people living off the Earth,” McCaleb told Bloomberg. “There’s not that many folks that are willing to dedicate the amount of resources and time and risk tolerance that I am.”McCaleb’s $1 billion bet, entirely self-funded, is that Vast Space—the California-based aerospace company he founded in 2021—can build and launch a functioning station. The goal is to become a candidate to replace the International Space Station, which is scheduled for decommissioning in 2030.McCaleb, who co-founded the cryptocurrency exchange Mt. Gox in 2010, Ripple in 2011, and then Stellar in 2014, is now investing his estimated $3.2 billion fortune—largely from XRP sales—into Vast Space.“This is a big, bold vision by Jed McCaleb,” Ripple co-founder and Executive Chairman Chris Larsen wrote on X. “America used to pursue new frontiers like this before skidding into bureaucracy and doubt
Vast has partnered with SpaceX for components, launches, and crew transport, and hired industry veterans including CEO Max Haot
Vast's long-term plans also include developing Haven-2, a model designed for longer-term stays.
LONG BEACH, Calif.--(BUSINESS WIRE)--Today, we are announcing that Vast’s Haven-1, scheduled to be the world’s first commercial space station, will be equipped with SpaceX’s Starlink laser terminal providing Gigabit/s speed, low latency connectivity to its crew users, internal payload racks, external cameras and instruments. “If you need to provide high-speed, low-latency, continuous internet connectivity on a space station in orbit in 2025, SpaceX Starlink is the only option,” said Max Haot, Vast’s CEO. “We expect their network and technology leading position to continue and accelerate over time, which is why we are excited to have the chance to partner with SpaceX on deploying their first laser connectivity for a space station.”. The Haven-1 crew will be able to connect their personal devices via Wi-Fi to the Starlink network and have unprecedentedly better internet connectivity on orbit to host outreach video calls and perform experiments and science with full, high-speed internet access. Even during crew rest time, they will be able to use high-speed internet
In 2023 Vast received a Collaborations for Commercial Space Capabilities-2 (CCSC-2) agreement from NASA to help develop artificial gravity stations with technical expertise, assessments, data, and more.
VAST is Hiring for 140 Jobs on Simplify!
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Aerospace Engineering
66 Open Roles
Mechanical Engineering
28 Open Roles
QA & Testing
10 Open Roles
Software Engineering
9 Open Roles
Electrical Engineering
5 Open Roles
DevOps & Infrastructure
5 Open Roles
IT & Security
3 Open Roles
Engineering Management
3 Open Roles
Hardware Engineering
1 Open Roles
Lab & Research
1 Open Roles
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About VAST
Industries
Industrial & Manufacturing
Aerospace
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Long Beach, California
Founded
2021
VAST is Hiring for 140 Jobs on Simplify!
Find jobs on Simplify and start your career today
Aerospace Engineering
66 Open Roles
Mechanical Engineering
28 Open Roles
QA & Testing
10 Open Roles
Software Engineering
9 Open Roles
Electrical Engineering
5 Open Roles
DevOps & Infrastructure
5 Open Roles
IT & Security
3 Open Roles
Engineering Management
3 Open Roles
Hardware Engineering
1 Open Roles
Lab & Research
1 Open Roles
People Also Viewed
Discover companies similar to VAST