The American startup Vast officially announced the engagement 500 million dollars in its first significant round of external financing. These funds will be directed to the development and launch of the world's first commercial space station Haven-1 and the design of its successor, the multi-module station Haven-2.
Financing details
Amount structure: The round consists of 300 million dollars of share capital (Series A) and 200 million dollars of debt financing.
Investors: Round winning Balerion Space Ventures fund. Qatar Investment Authority also joined (QIA), Mitsui & Co., Nikon, Space Capital and others.
Until that moment, the company was financed exclusively by its founder, cryptocurrency billionaire Jed McCaleb, which has already invested in the project over 1 billion dollars.
Key stages of the Vast mission
Haven-1: One-module station, the launch of which is planned for the first quarter 2027 year (previously planned for 2025-2026 years) using the SpaceX Falcon rocket 9.
Vast-1 mission: Immediately after the launch of the station into orbit, the SpaceX Crew Dragon ship will deliver four astronauts there for a stay 30 days.
Haven-2: Larger station, which Vast is proposing as a replacement for the International Space Station (ISS) after its decommissioning in 2030 year. The first Haven-2 module is planned to be launched in 2028 year.
Recent achievements
Agreement with NASA: In February 2026 2016, NASA selected Vast for its sixth private mission (PAM-6) of the ISS, which should take place no earlier than summer 2027 year.
Technological tests: The company already successfully tested the Haven-Demo unmanned vehicle in orbit in November 2025 year, which confirmed the functionality of the main systems of the future station.
Source: https://spacenews.com