@VardaSpace - Varda Space Industries


About

Developing a space-based platform for manufacturing pharmaceuticals on-orbit and re-entry vehicles to return to Earth.

El Segundo, CA; Founded 2020; Stage: Series B

Varda achieved a critical technical milestone in 2024 - their re-entry capsule successfully re-entered the atmosphere and landed in the Utah desert in February, bringing back the HIV drug ritonavir that they had crystallized in orbit. They also raised a $90M Series B led by Caffeinated Capital, and earned a $48M contract with the Air Force Research Lab to test military payloads on their re-entry capsules

Source:  addtheegg.com


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