California space station startup Vast reduced its workforce by 4% months after securing $500 million, as Jed McCaleb's company accelerates efforts to replace the ISS.
The layoffs were performance-related
Aug 22, 2026
11:56 am
What's the storyCalifornia-based space station start-up Vast has laid off 46 employees, or about 4% of its workforce, according to Business Insider.
The decision comes just months after the company raised a whopping $500 million in funding.
California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCaleb’s company races to replace ISS
Space station startup Vast cuts 4% of employees
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