<ul data-eligibleForWebStory="false"><li>Varda Space Industries, a company with space manufacturing ambitions, has raised $187 million in Series C funding, bringing their total raised amount to $325 million since 2021.</li><li>The company has developed a small spacecraft for carrying payloads into orbit, conducting experiments like pharmaceutical processing, hypersonic testing, and more.</li><li>Varda has flown multiple missions this year, including a notable one using its own spacecraft bus and reentry vehicle for the first time.</li><li>The company targets military applications, pharmaceutical research, and basic research in microgravity, possibly offering a faster and less expensive option than traditional methods.</li></ul>

Investors appear to like a company with big space manufacturing ambitions

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