Varda Space raised $187M to make FDA-grade drugs in orbit. Microgravity, hypersonics & pharma meet in this bold new frontier of space manufacturing. Full story 🚀🧬
spacetech.industryexaminer.com/varda-space-...
#SpaceTech #Biotech #VardaSpace

Investors appear to like a company with big space manufacturing ambitions https://arstechni.ca #leoeconomy #vardaspace #Space #space

Varda Space raises $187 million to accelerate development of drugs in space (Reuters) -Varda Space Industries said on Thursday it has raised $187 million in a funding round led by venture capital firms Natural Capital and Shrug Capital, to boost the technology for robotic drug manufacturing in space. The latest round, which included participation from Lux Capital, billionaire Peter Thiel, Founders Fund and Vinod Khosla’s eponymous investment fund Khosla Ventures, brings the total capital raised by Varda to $329 million. "With this capital, Varda will continue to increase our flight cadence and build out the pharmaceutical lab that will deliver the world’s first microgravity-enabled drug formulation," said Varda CEO Will Bruey. Materials such as the active pharmaceutical ingredients in medicines crystallize differently in space due to the lack of gravity, creating drug formulations that would otherwise be impossible, the company said. In 2023, Varda successfully completed its first, 27-hour drug manufacturing experiment in space and brought the drug back to Earth. Since launching its first space capsule, W-1, in 2023, Varda has completed three successful launch and return missions, with a fourth currently in orbit and a fifth expected to launch before the end of the year. During its first W-1 mission, Varda grew crystals of anti-HIV drug ritonavir while flying in Low Earth Orbit, and succesfully recovered the original form of the drug after re-entering Earth, with no signs of conversion. It plans to use the lab space to crystallize more biologic drugs, to turn them into structured solids for research and to improve their formulation. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Click Subscribe #VardaSpace #SpaceIndustry #DrugDevelopment #RoboticManufacturing #SpaceTech

#VardaSpace #CelestisMemorialSpaceflights
#LEOP #groundstation #operations #smallsat

#VardaSpace konpainiak aprobazioa jaso du euren kapsularekin atmoserarako sarrerak aoarteko errebisio gabe egiteko.

Great video of #VardaSpace! It tells us that deployment of W-3 from Rocket Lab's #Photon happened ~28 minutes before touchdown, at 1:39 UTC on May 14.
youtu.be/G0r5vLTzcbQ

Around the world in 60 days.
 ✅ 900+ orbits
 ✅24.5 million miles traveled
 ✅Our third successful Earth re-entry mission
#Rocketlab #Vardaspace

Original post on mstdn.social

Around the world in 60 days.

✅ 900+ orbits
✅24.5 million miles traveled
✅Our third successful Earth re-entry mission

#Rocketlab #Vardaspace

Rocket Lab’s Pioneer spacecraft has released @VardaSpace’s capsule safely back to Earth landing at the Koonibba Test Range in South Australia, operated […]

#VardaSpace konpainiak #W3 kapsula berreskuratu du. Honekin hiru berreskuratze osatu dituzte.

Varda Space Industries has launched its third orbital capsule, W-3, aboard a Rocket Lab Pioneer satellite via SpaceX’s Transporter-13 mission from California.

#SpaceTech #VardaSpace #RocketLab #SpaceX #Hypersonics #ReentryTech #PrometheusProgram #Aerospace #InSpaceManufacturing #FutureTech

#VardaSpace president : “I don’t know about you, but if I got stuck at an airport for seven months longer than expected, that would definitely qualify as #stranded.” www.seattletimes.com/nation-world/stranded-in...

#Boeing #Starliner