PHARMA MICROGRAVITY · OPERATOR PROFILE · DATA AS OF 2026-10-27

Varda Space Industries

Active Pharma Microgravity Private HQ: El Segundo, California

Microgravity-enabled life-sciences company operating W-Series free-flying orbital platforms that process pharmaceutical active ingredients and materials in orbit and return product to Earth. Also serves as a hypersonic testbed for reentry and orbital flight testing.

39.5

ARI Composite

Very High Risk

#26 of 33

Peer Rank

Infrastructure cohort

—

Total Launches

No flights tracked

—

Estimated valuation

Not disclosed

FINANCIAL HEALTH

39.5

ARI composite · Very High Risk

Peer rank#26 of 33

Peer groupInfrastructure

Data coverage72%

Tracked gov contracts$19.3M across 3 awards

Full finance profile →

CAPITAL & CREDIT PROFILE

Government capital

$19.3M lifetime tracked obligations across 3 awards — top agency Department of Defense ($19.3M) (strict id-matched; unattributed award rows are excluded). Explore grants →
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.

SECTOR POSITION

Primary sectorPharma Microgravity

Rank within sector#26 of 33

Tracked peers33

RECENT COVERAGE

Date	Source	Headline
Oct 20, 2026	NASASpaceFlight	Launch Preview: H3, Falcon 9, Electron, and others to launch during busy week
Oct 20, 2026	NASASpaceFlight	Falcon 9 launches Bandwagon-5 rideshare mission from Florida
Oct 18, 2026	NASASpaceFlight	Falcon 9 set to launch Bandwagon-5 rideshare mission from Florida
Oct 18, 2026	Spaceflight Now	Live coverage: SpaceX to launch Starfall reentry capsule, 31 customer payloads on Bandwagon-5 rideshare mission
Oct 18, 2026	Spaceflight Now	SpaceX launches Starfall reentry capsule, 31 customer payloads on Bandwagon-5 rideshare mission

REGISTRY DATA

Legal nameVarda Space Industries, Inc.

OwnershipPrivate

HeadquartersEl Segundo, California

CountryUS

AliasesVarda, Varda Space, Varda Space Industries

Key programsW-Series (W-1, W-2, W-3, W-4, W-5, W-6)

Gov customersDoD, Air Force, NASA

IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · Corporate homepage (El Segundo, CA HQ; 2026 copyright) documents Varda's microgravity-enabled life-sciences platform and W-Series reentry missions through W-6, establishing operator status in the phar

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.