Varda Space Industries

Space factories for Earth-bound products. In the near-term, Varda is laser-focused on manufacturing things off Earth that are highly valued on Earth. Over the long-term, Varda can build the infrastructure needed to enable humanity to industrialize space. 
Varda Space Industries is building the world's first commercial zero-gravity industrial park at scale.

Created: 2020-12-29

Updated: 2022-09-18

Founded
Country
2020
USA
Funding
$51M
Website
Varda Space
Social
Varda Space Industries

Service

Classification
In-Space Manufacturing
Category
In-Space Manufacturing
In-Space Production
Microgravity Flight Service (Reusable Satellite)
Transport Service (Re-Entry)
Fields
Space Capsule
Status
3) Development
First launch
2023

How? First, make profitable unmanned in-space factories manufacturing product #1 (more to come soon). Next, manufacture other important things in-space that benefit from low G. Then, build the first platform infrastructure that can easily harvest the source materials for those and other products in-space via asteroids and the like.
Varda has a radically big vision. We can break the limits of scarcity imposed by Earth. We can stop relying on destructive extraction of Earth's finite resources for all manufacturing. We can build the space infrastructure necessary to propel humanity into becoming a multi-planet species.
Rocket Lab announced it has signed a deal with in-space manufacturing company Varda Space Industries to produce three Photon spacecraft that will integrate with their space factories, enabling high-value products to be manufactured in zero-gravity and returned to Earth in Varda’s re-entry capsule.
Varda Space announced Oct. 11 it signed a launch services agreement with SpaceX for that smallsat, which will be part of a Falcon 9 rideshare mission scheduled for the first quarter of 2023. The companies did not disclose the terms of the contract. The spacecraft will spend up to three months in orbit to test space manufacturing technologies. At the end of that mission, a reentry capsule will return to Earth the material produced in orbit. Company executives said they chose SpaceX because it offered the least expensive and most reliable solution for getting their spacecraft into orbit. “Launch costs is a core driver of our economics,” said Delian Asparouhov, co-founder and president of Varda Space, in an interview. “We want to stick to the lowest cost available solution.”

Rocket Lab will deliver the first Photon spacecraft for Varda in the first quarter of 2023, with the second spacecraft expected in late 2023 and the third in 2024. There’s also an option for Varda to procure a fourth Photon spacecraft in the future. “For the first few missions, we are developing what we call it as Disposable Space Factories. The Photon and the factory will burn up but the materials will survive. That’s just to keep the technology as simple as possible.” The company plans to develop rendezvous and docking capability as soon as the business scales up. “The future is showing that we can send the materials and the factory up to the space for 1 million dollars and we can make a million and one dollars of profit. [T]he moment that happens, we [will] turn around like SpaceX and start producing these factories every single day and make them larger and larger, where initially, rather than having something the size of the Photon, we have something the size of a school bus, and eventually something the size of the ISS, or even ten times the ISS.”

Sources


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