Vast Raises $500M — $300M Equity + $200M Debt — to Scale Haven Space Stations
85 FOMOOn March 5, 2026, Vast announced $500M in new financing: $300M Series A equity and $200M in debt, led by Balerion Space Ventures with Qatar Investment Authority (QIA), IQT, Mitsui, MUFG, Nikon, Stellar Ventures, Space Capital, and Earthrise Ventures. Founder Jed McCaleb also participated. A.C. Charania (former NASA Chief Technologist, now Balerion advisor) joined the Vast board as part of the transaction. Vast is the only commercial space station company to have already built, launched, and operated its own spacecraft — Haven Demo completed its mission in February 2026. Haven-1 integration is underway with schedule updated to Q1 2027. Total investment now exceeds $1 billion. Capital funds Haven-1 completion and Haven-2 development for NASA's CLD Phase 2.
Why it matters
Vast's hardware-first approach — building real spacecraft before asking for money — earned it a credibility premium in this round that Axiom and Starlab can't claim. Haven Demo successfully demonstrated autonomous docking, power management, and life support on orbit in early 2026. With QIA and IQT in the cap table, Vast now has both sovereign wealth and deep-tech defense backing. The company that finishes Haven-1 operational first wins the ISS successor race, and Vast is currently best positioned to do it.
The numbers
Details
Funding
- Amount
- $500M
- Round
- series a
- Lead investor
- Balerion Space Ventures
- Investors
- Balerion Space VenturesQatar Investment AuthorityIQTMitsuiMUFGNikonStellar VenturesSpace CapitalEarthrise Ventures
Coverage
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businesswire.com ·
Vast Secures $500M in Funding to Accelerate Production of Haven Space StationsOfficial press release confirming $500M round ($300M equity + $200M debt), Balerion-led with QIA, Mitsui, MUFG, Nikon. A.C. Charania (ex-NASA Chief Technologist) joins Vast board via Balerion. Confirms Haven Demo mission completed successfully in February 2026. Haven-1 schedule updated to Q1 2027 for additional environmental testing at NASA Armstrong. Total investment now exceeds $1 billion. CEO Max Haot: "LEO economy is at a pivotal inflection point."
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Veenie.Space Telemetry
On March 5, 2026, Vast announced $500M in new financing: $300M Series A equity and $200M in debt, le