January 10, 2023

PRESS RELEASE

VAST SPACE BECOMES THE NEWEST MEMBER OF “SPACE BEACH”

LONG BEACH, Calif. — Jan 10, 2023 — Vast, a pioneer in space habitation technologies, announced today the relocation and major expansion of its corporate headquarters to a newly built  facility in Long Beach, California, for the established pipeline of premier aerospace talent, proximity to the port and airport and continued efforts to expand commercial space capabilities in the region. The new structures, which will house the company’s business operations as well as a next-generation manufacturing facility, are in the city's Globemaster Corridor Specific Plan, which will help align and reimagine the commercial and industrial area that used to focus on specific aviation manufacturing.

"Space Beach is the perfect place for Vast to call home," said Vast founder and CEO, Jed McCaleb, blockchain pioneer and tech entrepreneur. "Our mission is to build the first commercial space station capable of providing artificial gravity to support long-term human habitation. This new mixed-use facility will enable us to continue to grow our engineering team, expand research and development efforts and begin the installation of production equipment, making our mission that much more of a reality."

Long Beach, colloquially referred to as “Space Beach” due to its rapidly growing community of space companies, will empower major growth for Vast. The space pioneer predicts its team will expand to 700 by the end of 2027. The company's facility will consist of two buildings for a total of nearly 115,000 square feet, allowing plenty of room for growth. 

“Innovators, engineers and designers are here in Long Beach right now building the next generation of launch vehicles, 3D printed propulsion systems, satellites and spacecraft destined to send technology to low earth orbit and beyond to deep space,” said Long Beach Mayor Rex Richardson. "The city's immediacy to the Port of Long Beach and Airport, including its many assembly plants and hangars, provide the ideal environment for today's aerospace, satellite and space travel companies to thrive. We are eager to include space habitation technology to that mix with the incredible addition of Vast, which joins the growing list of high-tech businesses that call our city home. Welcome to Space Beach!”

Mayor Richardson will include Vast's relocation at his State of the City Event on Jan 10, 2023. To learn more about Vast becoming part of Space Beach, visit Vast.space

ABOUT VAST

Vast is a pioneer in space habitation technologies focused on expanding humanity across the solar system. Founded in 2021, the company is assembling a world-class team to build the world's first low-cost, artificial gravity station so people can live and work in space for long periods of time without the permanent side effects of zero-gravity. For more information, visit Vast.space.

MEDIA CONTACTS

Valerie Christopherson or Lora Metzner

Global Results Comms (GRC) for Vast

+1 949 608 0276

Vast@globalresultspr.com