Varda Space Industries
Varda Space Industries is a commercial space company founded in late 2020 and officially incorporated in January 2021. Headquartered in El Segundo, California, with additional offices in Los Angeles and Washington, D.C., Varda specializes in microgravity manufacturing to create high-value materials in orbit for applications on Earth. The company employs 147 people and aims to accelerate the orbital economy by developing infrastructure for in-space manufacturing and reliable reentry capsules. Varda's core technology includes the W-Series autonomous vehicles, which facilitate orbital processing and safe return to Earth. Key applications involve producing unique pharmaceuticals and advanced materials, leveraging microgravity for innovations in life sciences and manufacturing. The company partners with SpaceX and Rocket Lab for launch services and has secured significant contracts, including a $60 million agreement with the U.S. Air Force for reentry technology. Varda is positioned as a leader in commercial space factories, focusing on diverse leadership and collaboration with various research and military organizations.
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Org structure
Headcount by department
Funding
- Jan 2026 · Series D · $250M
- Jul 2025 · Series C · $187M · Lux Capital, Shrug Capital, Founders Fund
- Apr 2024 · Series B · $90M · Lux Capital, Founders Fund, Khosla Ventures
- Mar 2023 · Venture · $30M · Commodity Capital
- Mar 2022 · $490K · US Air Force
- Jul 2021 · Series A · $42M · Khosla Ventures, Caffeinated Capital, Lux Capital
- Jul 2021 · Series A · $42M · Lux Capital, Founders Fund, Khosla Ventures
- Jan 2021 · Venture · Khosla Ventures
- Dec 2020 · Seed · $9M · Lux Capital, Founders Fund, Justin Mateen
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Varda Space Industries FAQ
How many employees does Varda Space Industries have?
Varda Space Industries has about 186 employees, up 10.1% over the last 3 months (as of Apr 2026).
What is Varda Space Industries's revenue per employee?
Varda Space Industries makes about $513K in revenue per employee, based on $95.5M annual revenue and 186 employees.
How much funding has Varda Space Industries raised?
Varda Space Industries has raised $650.49M in total funding; its latest round was Series D in Jan 2026.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 1 Apr 2026.