Established in 2021, Vast Space kicks off the development of a private space station named Haven-2 to replace the aging International Space Station (ISS) set to retire in 2030. The concept of building a new space station to replace the ISS has long been discussed, with NASA funding three private companies – Blue Origin, Nanoracks, and Northrop Grumman – to develop alternative space station ideas.
Vast Space, a relatively unknown private company, was founded for this purpose by Jed McCaleb, a tech mogul known for his accomplishments in eDonkey, Mt. Gox, Ripple, and Stellar. Having amassed wealth in the crypto industry, McCaleb shifted focus to the space sector and founded Vast Space using his personal funds.
The Haven-2 space station is designed to compete for a NASA contract in Phase 2 around mid-2026. Positioned in low-earth orbit (LEO), the station features a expandable barrel design that allows for continuous expansion by adding modules of the same type over time.
If selected by NASA in 2026, Vast Space aims to have the first module of the Haven-2 space station operational by 2028.
TLDR: Vast Space introduces Haven-2, a proposed successor to the ISS, with plans to surpass its capabilities and cost efficiency, aiming to have the first module operational by 2028.
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