Vast Raises $500M Series A to Accelerate Haven Space Stations
80 FOMOVast announced a $500 million funding round on March 5, 2026, consisting of $300 million in Series A equity and $200 million in debt. The round was led by Balerion Space Ventures with participation from the Qatar Investment Authority, IQT, Mitsui & Co., MUFG, Nikon Corporation, Stellar Ventures, Space Capital, Earthrise Ventures, and Vast founder Jed McCaleb. Total investment in Vast's space station program now exceeds $1 billion. The funds will be used to complete Haven-1 integration and environmental testing, expand facilities, and advance the Haven-2 architecture that Vast intends to propose for NASA's Commercial LEO Destinations Phase 2 contract, expected to be awarded in summer 2026.
Why it matters
The QIA and Japanese strategic investors (Mitsui, MUFG, Nikon) signal that Haven-1 is attracting sovereign and industrial capital beyond Silicon Valley — a credibility marker for a company without a funded NASA agreement. The $1B total crossed is a meaningful milestone heading into the CLD Phase 2 decision.
The numbers
Details
Funding
- Amount
- $500M
- Round
- series a
- Announced
- 2026-03-05
Coverage
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Vast announced a $500 million funding round on March 5, 2026, consisting of $300 million in Series A