Capital and Government Funding
How is in-space manufacturing financed, and who supplies the money?
Chapter summary
by a mix of private capital concentrated in one company and government programmes spread across many.
Key takeaways
- 1
Varda has raised about $598 million, including a $251 million Series D in September 2026, more than the rest of the visible field combined.
- 2
Space Forge raised a £22.6 million Series A and received £10 million from ESA for its heat shield; ATMOS raised €25.7 million; LambdaVision raised a $7 million seed round after more than $15 million in grants.
- 3
On the government side, NASA's InSPA programme had committed more than $60 million across more than 20 awards by 2023, NIH and NSF have committed about $145 million to ISS National Lab projects, and defence agencies fund re-entry test flights.
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Partnering Models: Consortia and Shared Missions
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