Vast Valuation, Funding & Investors

Vast is valued at $1.9B as of October 2025.

See full Vast profile

Last Vast valuation

$1.9B

Series A · Oct 2025

Last Vast funding round

$300M

Series A · Mar 2026

Cumulative funding Vast raised

$450M

across 2 funding rounds

Key investors in Vast

  • IQT
  • Mitsui & Co
  • Qatar Investment Authority
  • Space Capital
  • Stellar Ventures
  • Julian Mann

Vast Overview

About Vast

Vast is a Long Beach-headquartered space company engineering commercial space stations for low Earth orbit missions. Its Haven-1 outpost, set for 2025 launch via SpaceX Falcon 9, accommodates four crew members with Starlink connectivity and radiation shielding. Vast develops modular architectures supporting artificial gravity via rotation, in-space manufacturing bays, and science payloads, collaborating with NASA under CCSC-2 agreements for private astronaut flights.


Founded

2021

HQ

United StatesLos Angeles, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$1.9B (Oct 2025)

Vast Valuation

Vast is currently valued at $1.9B, based on its Series A in October 2025.

The $150M round was led by IQT, with participation from Outliers Fund.

Vast valuation by funding round

Vast valuation by funding round
DateStageValuation
Oct 2025Series A$1.9B

Vast Funding History

Vast has raised a total of $450M across 2 funding rounds.

Vast's first fundraising round was a $150M Series A in October 2025. The most recent completed round was a $300M Series A in March 2026.

Vast funding rounds

Vast funding rounds
DateStageInvestorsRaisedValuation
Mar 2026Series ABalerion Space Ventures (lead); Stellar Ventures; MUFG Union Bank; Qatar Investment Authority; Victor Koch & Partners; Space Capital; Nikon; Julian Mann; Earthrise Ventures; Jed McCaleb; Mitsui & Co$300M-
Oct 2025Series AIQT (lead); Outliers Fund$150M$1.9B

Who has invested in Vast?

13 investors have backed Vast across its funding rounds, including IQT, Mitsui & Co, Qatar Investment Authority, Space Capital, Stellar Ventures and Julian Mann.

Lead investors include Balerion Space Ventures and IQT.


Vast Investors

Investors in Vast by funding rounds participated
InvestorHQRoundsRoleFirst check
Stellar VenturesUnited StatesSan Francisco, CA1ParticipantMar 2026
MUFG Union BankUnited StatesNew York City, NY1ParticipantMar 2026
Qatar Investment AuthorityQatarQatar1ParticipantMar 2026
Victor Koch & PartnersHong KongHong Kong1ParticipantMar 2026
Space CapitalUnited StatesNew York City, NY1ParticipantMar 2026
NikonJapanTokyo1ParticipantMar 2026
Outliers FundUnited StatesSan Francisco, CA1ParticipantOct 2025
Julian MannUnited StatesSan Francisco, CA1ParticipantMar 2026
Earthrise VenturesUnited StatesNew York City, NY1ParticipantMar 2026
Balerion Space VenturesUnited StatesDallas, TX1LeadMar 2026
Jed McCalebUnited StatesSan Francisco, CA1ParticipantMar 2026

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Vast Competitors

Vast competitors include listed companies like UBtech Robotics and Cidi, and private ones like Mach Industries, Relativity Space, Sineva and Preferred Networks.

Public and private companies comparable to Vast
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Mach IndustriesUnited StatesLos Angeles, CAPrivate--$3.7B-
UBtech RoboticsChinaChinaPublicly listed$298M($108M)$5.1B9.5x
Relativity SpaceUnited StatesLos Angeles, CAPrivate--$4.2B-
SinevaChinaHefeiPrivate--$1.8B-
Preferred NetworksJapanTokyoPrivate--$1.9B-
CidiChinaChinaPublicly listed$132M($155M)$1.3B5.0x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Gaona Aero Material$551M$66M3.5x3.0x28.7x26.5x
Aerospace Industrial Development$1.1B$95M2.1x2.0x24.7x20.1x
Triangle Defense Co.$237M$81M6.2x-18.1x-
Cirrus Aircraft$1.4B$233M1.1x1.0x6.6x5.8x
AECC Aero Science$645M$88M3.8x3.9x27.6x-
ROKAE Robotics$78M($7M)20.7x-(221.3x)-
Sigma Advanced Systems$51M$34M31.4x-46.9x-
Avio$672M$36M2.0x2.0x37.8x33.7x

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Common questions about Vast

When was Vast founded?Vast was founded in 2021.
Where is Vast headquartered?Vast is headquartered in Los Angeles, CA, United States.
Is Vast publicly listed?No, Vast is a private, VC-backed company.
What is Vast's valuation?Vast was last valued at $1.9B in its Series A in October 2025.
How much funding has Vast raised?Vast has raised $450M across 2 funding rounds.
What was Vast's last funding round?Vast's last funding round was a $300M Series A in March 2026, led by Balerion Space Ventures.
Who are Vast's investors?Vast's investors include Stellar Ventures, MUFG Union Bank, Qatar Investment Authority, Victor Koch & Partners, Space Capital, Nikon, Outliers Fund, Julian Mann, Earthrise Ventures, Balerion Space Ventures and 3 others.
Which companies are comparable to Vast?Companies comparable to Vast include Mach Industries, UBtech Robotics, Relativity Space, Sineva, Preferred Networks and Cidi.

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