Varda Space Industries
Founded in January 2021 by former SpaceX engineer Will Bruey and Founders Fund partner Delian Asparouhov, Varda Space Industries is pioneering in-space pharmaceutical manufacturing using microgravity to create superior drug formulations.
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About Varda Space Industries
Founded in January 2021 by former SpaceX engineer Will Bruey and Founders Fund partner Delian Asparouhov, Varda Space Industries is pioneering in-space pharmaceutical manufacturing using microgravity to create superior drug formulations. The company designs spacecraft that process small molecule pharmaceuticals in microgravity where suppressed convection and sedimentation produce more uniform crystals, improving drug shelf-life, bioavailability, and patient experience. In February 2024, Varda made history as only the third company ever to return materials from orbit, successfully bringing back ritonavir HIV medication crystals from their W-1 mission after navigating complex regulatory approvals. With $329 million raised through Series C funding, the El Segundo-based company has completed three successful missions, with W-4 currently in orbit and a fifth mission planned for 2025, demonstrating space manufacturing's commercial viability.
Will Bruey (CEO, Co-founder), Delian Asparouhov (Co-founder)
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Frequently asked about Varda Space Industries
Quick answers to the questions readers most often search for.
- When was Varda Space Industries founded?
- Varda Space Industries was founded in 2020 in United States.
- Where is Varda Space Industries headquartered?
- Varda Space Industries is headquartered in El Segundo, United States.
- What does Varda Space Industries do?
- Founded in January 2021 by former SpaceX engineer Will Bruey and Founders Fund partner Delian Asparouhov, Varda Space Industries is pioneering in-space pharmaceutical manufacturing using microgravity to create superior drug formulations. The company designs spacecraft that process small molecule pharmaceuticals in micr…
- Is Varda Space Industries a public or private company?
- Varda Space Industries is currently a private commercial (status: operational).
- What sector does Varda Space Industries operate in?
- Varda Space Industries operates in in-space-services, manufacturing, pharmaceutical and 2 other space-industry sectors.
Data Accuracy Notice: Information about Varda Space Industries is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.