Investors appear to like a company with big space manufacturing ambitions
After flying three missions into low-Earth orbit this year, Varda Space Industries appears to be making credible progress toward developing the nascent manufacturing-in-space industry. Investors seem to think the same, as the California-based company announced an impressive $187 million Series C round of funding on Thursday. This brings the company's total amount of money raised since its founding in 2021 to $325 million. "A decent chunk of the capital is going to go toward scaling up our prod