Jed McCaleb, known for starting Mt. Gox and co-founding Ripple, has turned his focus on building a commercial space station.
His company, Vast, is working on Haven-1, a project aimed at supporting short-term space missions, according to a March 20 report from Bloomberg. McCaleb hopes the station will launch into orbit by May 2026.
Vast has long-term goals, including creating artificial gravity by rotating or moving the station to produce a force that mimics gravity on Earth. This is meant to help reduce health problems that can happen when people spend too much time in zero gravity.
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Additionally, the company plans to include systems that recycle air and water. These features will not be added to Haven-1 since it is meant for short stays, but they will be built into Haven-2, a future station expected in 2028.
Vast is working with SpaceX to develop parts of Haven-1. These include a docking system for SpaceX’s Dragon capsule and internet access using Starlink, which will allow people on board to connect online.
The company hopes this launch will help it win a major contract from NASA. The US space agency is planning to choose a replacement for the International Space Station.
McCaleb started Vast in 2021 with the idea of helping humans live beyond Earth. He noted, “It’s super important that people take this leap from where we are today to this potential world where there’s a lot of people living off the Earth”.
Meanwhile, Alexis Ohanian, co-founder of Reddit, recently supported a proposal to acquire TikTok’s US operations, with plans to move it onto the blockchain. How? Read the full story.
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