Vast Space now aims for 2026 launch of Haven-1 space station after key milestone (photos)
When you buy through links on our articles, Future and its syndication partners may earn a commission.
Vast Space is taking big steps toward putting the first commercial space station in orbit.
The California-based startup recently completed a major testing milestone for the qualification vessel of its upcoming Haven-1 station, a benchmark Vast also used to reevaluate the launch date for the company's first flight-ready module.
"With the completion of our primary structure qualification test and a fully assembled team, we now have greater clarity on our build and launch schedule. As a result, we are updating our timeline," Vast said in a statement.
Haven-1 will ride a SpaceX Falcon 9 rocket to low-Earth orbit — a mission that was initially slated for this August. Now, Vast expects Haven-1 to launch no earlier than May 2026.
Even with the delay, it's still an "ambitious timeline," the company said. But Vast remains optimistic: "If all goes as planned, we will have designed, built, and launched the world's first commercial space station in three years — a pace never before achieved in human spaceflight."
Vast began manufacturing the Haven-1 qualification article at its Long Beach headquarters in July 2024 and transported the module to the company's test stand in Mojave, California, last month. There, the module began a series of campaigns to qualify the module's structural integrity. Those campaigns are ongoing, but one passed recently was a significant hurdle for the module's continued development.
Using dry nitrogen, Vast pressurized the module on the test stand twice — the first for a duration of five hours, and the second for 48 hours. According to the company's data, Haven-1's pressure sensors showed an "indiscernible" leak rate, exceeding the vessel's requirements and falling within compliance for NASA's crew-rated spacecraft qualifications.
Image 1 of 4
Image 2 of 4
Image 3 of 4
Image 4 of 4
That last bit is important. Vast is hoping to win the bid for NASA's Commercial LEO Destination (CLD) contract in 2026, and wants to put itself ahead of the competition.
With the International Space Station (ISS) approaching retirement at the end of 2030, NASA has been eager for companies to get commercial space stations up and running. Indeed, nearly half a dozen other private contenders have voiced plans to construct their own LEO destinations — namely, Northrop Grumman, Axiom Space, Nanoracks and Sierra Space.
As those companies tread water while they gauge market demand or continue their station developments in the background, Vast says it's on track to get Haven-1 to orbit in record time, and has begun actively seeking out customers and scientists with research they want to fly to space.
In the weeks ahead, the test module will be submitted to simulated launch pressures using hydraulic actuators on the Mojave test stand, as well as undergo structural load tests while under pressure.
Even as the qualification article began its test campaign at the end of last month, Vast was already manufacturing the Haven-1 flight vehicle — the one going to space. Matching the six-month pace the qualification module took from manufacturing to its tests in Mojave, Vast aims to complete the primary structure for the flight module by July of this year. The company's full timeline, from now through the first crewed mission to Haven-1 is as follows:
Related stories:
— NASA looks to private outposts to build on International Space Station's legacy
— Private space station: How Axiom Space plans to build its orbital outpost
— SpaceX and Vast want ideas for science experiments on Dragon spacecraft and Haven-1 space station
Once Haven-1 is operational in orbit, Vast plans to launch a four-person crew to the outpost aboard a SpaceX Crew Dragon. That mission will last about two weeks, as the astronauts check out the station's systems and habitability.
Looking ahead even further, Vast has already unveiled its plans for Haven-2, a second module design that will dock with Haven-1 to increase the space station's capacity and capabilities. Vast is currently targeting 2028 for the first Haven-2 launch, with plans to to add to the modular station through 2032 to eventually exceed the current capabilities of the ISS.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Has Warren Buffett made his best move ever selling his Apple stock?
It's never a good idea trying to second-guess the Oracle of Omaha. Warren Buffett sold a huge chunk of his Apple (NASDAQ:AAPL) stock last year. It wasn't the first time he trimmed his position in the tech giant. Back in 2021, he admitted selling was 'probably a mistake'. But, amid recent share price weakness, I doubt he will repeat the same line this time. Recent soundings from Apple CEO Tim Cook seem to indicate he has taken a leaf out of Buffett's playbook. In a recent earnings call, he pushed investors to be patient as it attempts to roll out AI features in the iPhone. 'Not first, but best' was how he put it in an interview last year. In an investing landscape measured in quarterly earnings, though, many don't have much patience. In some respects, he is right. Three years into the generative AI revolution and not one consumer product has emerged, other than ChatGPT, of course. And that's despite the industry spending hundreds of billions of dollars, and with the might of the media hyping the technology on an almost daily basis. Recently, Jony Ive, the architect instrumental in the design of the iPhone, sold his company to OpenAI for $6.5bn. At the not-for-profit startup, he is working on what has been described as a 'screen-free' device. Some reports highlight that mass production could start as early as 2027. The threat is clearly on Apple's radar. During the ongoing Google anti-trust trial, one of Apple's senior executive stated: 'You may not need an iPhone 10 years from now, as crazy as that sounds.' Given the present state of hardware technology and the extremely vague statements that have come from Sam Altman regarding no-screen devices, I'm not willing to give much credence to these remarks. But, of course, that could change in the years ahead. Apple has a history of not rushing into a new technology, until its full potential is understood. It was a little-known company when General Magic invented the first smartphone. It didn't invent the music player, either. The biggest short-term risk to the stock is tariffs. Apple has undoubtedly been the biggest beneficiary of outsourcing manufacturing to China. It has certainly been a major contributor in pushing the valuation to $3trn. Trump's ambition of seeing the iPhone mass produced in the US is unlikely to ever happen, in my opinion. With consumers being squeezed from all directions these days, I don't believe they would ever stomach paying up to $3,000 for one. Tim Cook has already guided to expect $900m in additional costs over the next quarter. A tiny figure, yes, but I can't see it ending there. Without price increases, the frothy valuation looks unsustainable. As I just said, I'm not sure that consumers will be as obliging as in the past and accept such increases. As for Buffett, he still holds a significant chunk of Apple stock. But with a trailing price-to-earnings of 32, I'm not sure the risks are fully priced in. Therefore, I won't be investing. The post Has Warren Buffett made his best move ever selling his Apple stock? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Andrew Mackie has no position in any of the shares mentioned. The Motley Fool UK has recommended Apple. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
25 minutes ago
- Yahoo
Musk deletes Epstein tweet after Trump rift
Elon Musk has deleted a tweet in which he alleged that Donald Trump was 'in the Epstein files'. The social media post was written on Thursday during a fierce war of words between the tech billionaire and the US president, after a dispute over Mr Trump's flagship spending Bill marked an abrupt end to their close alliance. As the disagreement escalated, Mr Musk also suggested that his former boss should be removed from office. 'The Epstein files' is a phrase colloquially used to describe intelligence the US authorities hold on Jeffrey Epstein, the paedophile financier who died in 2019. However, by Saturday morning, Mr Musk had deleted his post on X, in a sign the row could be winding down. Mr Trump also appeared to suggest he was moving on from the spat, telling reporters during a flight to New Jersey: 'Honestly I've been so busy working on China, working on Russia, working on Iran... I'm not thinking about Elon Musk. I just wish him well.' The row began when Mr Musk – who last week stepped down as head of the Department of Government Efficiency – criticised the president's upcoming Bill as a 'disgusting abomination' and claimed it would increase the national debt. Mr Trump retaliated by saying the billionaire was upset because one of his allies had not been chosen for a role in the new Nasa administration. The president also suggested Mr Musk was annoyed because the White House's 'big beautiful Bill' would end tax breaks for electric vehicles worth billions of dollars to his car company Tesla. 'He knew it better than almost anybody, and he never had a problem until right after he left,' Mr Trump said. The president later said, during an Oval Office meeting with Friedrich Merz, the German chancellor, that Mr Musk had 'Trump derangement syndrome'. The Republican later added that he was 'very disappointed' in the entrepreneur. However, Mr Musk was quick to hit back, alleging that the president had only won last year's election because of his support. 'Without me, Trump would have lost the election. Dems would control the House and the Republicans would be 51-49 in the Senate... Such ingratitude,' he wrote on X. The world's richest man then published his post about the president and the Epstein files – but provided no evidence to back up his claim. Mr Trump and Epstein ran in the same social circles in New York and were pictured partying together on various occasions in the 1980s and 1990s. Epstein killed himself in 2019 in a Manhattan jail cell while awaiting trial on sex trafficking charges. In February, Pam Bondi, the US attorney general, pledged to release the Epstein files. However, the 'phase one' documents that were released to a hand-picked group of conservative influencers contained information that was largely already in the public domain. As the row escalated, Mr Musk said he would decommission his Dragon spacecraft, which is used by Nasa to deliver and collect astronauts from the International Space Station. Mr Trump in turn threatened to cancel all the Tesla and SpaceX owner's government contracts. 'The easiest way to save money in our budget, billions and billions of dollars, is to terminate Elon's governmental subsidies and contracts,' he said. The president also reportedly considered selling or giving away the red Tesla car he purchased earlier this year. Tesla shares tanked as the rift intensified, amid investor fears that Mr Trump might hinder the roll-out of self-driving cars in the US, hitting the company's growth potential. Shares closed down 14.3 per cent on Thursday and lost about £111 billion, although the firm staged a partial recovery on Friday. An administration official claimed Mr Musk was 'clearly having an episode', while Steve Bannon, Mr Trump's former adviser, encouraged the president to initiate a formal investigation into Mr Musk's immigration status and have him 'deported from the country immediately'. As well as deleting the Epstein post, Mr Musk also appeared to walk back on his threat to decommission the Dragon spacecraft. When an X user suggested Mr Musk and Mr Trump 'take a step back for a couple days', the Tesla chief executive wrote: 'Good advice. Ok, we won't decommission Dragon.' However, the billionaire has continued to keep a poll pinned to the top of his X profile which invites users of the social media platform to vote on whether it is time for a new political party in the US. Mr Musk wrote on Friday night: 'The people have spoken. A new political party is needed in America to represent the 80 per cent in the middle! This is fate.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Yahoo
38 minutes ago
- Yahoo
HOOD vs. IBKR: Which Fintech Broker is Poised for More Growth?
Robinhood Markets HOOD and Interactive Brokers Group IBKR are prominent online brokerage players offering commission-free trading platforms. Robinhood appeals to newer, mobile-first retail investors, while Interactive Brokers serves more advanced traders with its comprehensive the stock markets witnessing massive volatility and client activity, HOOD and IBKR are expected to benefit from increased trading activities. As such, investors are bullish on both. This year, shares of HOOD have soared 65.8%, while Interactive Brokers is up 18.4%. Also, stocks have fared better than the industry, the Zacks Finance sector and the S&P 500 Index in the same time frame. HOOD & IBKR YTD Price Performance Image Source: Zacks Investment Research So, the question arises: which brokerage stock — Robinhood or Interactive Brokers — offers greater upside in the evolving trading market? Let's break down their fundamentals, financial performance, growth prospects and more before taking any decision. Robinhood became extremely popular among younger generations in early 2021, riding on the meme stock wave. Nonetheless, since its IPO in July 2021, a lot has happened on the business front. It has evolved from a brokerage firm primarily trading in digital assets to a more mature and diversified entity, striving to become a one-stop shop for building generational wealth. In this context, HOOD has launched several initiatives to attract more clients and strengthen its market share. Some notable ones are Robinhood Strategies, Robinhood Banking and Robinhood Cortex to boost the wealth management offerings; the prediction markets hub; a credit card and a desktop trading platform. Additionally, Robinhood is expanding via strategic acquisitions, which are helping it foray into new businesses and complement existing ones. On Tuesday, it announced an agreement to buy Canada-based WonderFi Technologies Inc. in a C$250 million all-cash deal, which will help deepen its presence in the Canadian digital asset market. In February 2025, it completed the $300 million acquisition of TradePMR, a custodial and portfolio management platform specializing in services for Registered Investment in July 2024, Robinhood acquired Pluto Capital Inc. With the integration of Pluto's advanced capabilities, the company has revolutionized the investment experience for its users. Further, the impending buyout of Bitstamp (announced in June 2024), a globally recognized cryptocurrency exchange (featuring more than 85 tradable assets and popular in Europe and Asia), will significantly enhance the company's crypto these efforts reflect HOOD's ambition to become a full-spectrum financial services provider. HOOD Sales Estimates Image Source: Zacks Investment Research Interactive Brokers' technological superiority remains one of its strongest aspects. The company processes trades in stocks, futures, options and forex on more than 150 exchanges across several countries and technology usage has kept IBKR's compensation expense relative to net revenues (10.8% in the first quarter of 2025) below its industry peers. Further, the company has been emphasizing developing proprietary software to automate broker-dealer functions, leading to a steady rise in Brokers is expanding globally with a series of strategic moves. Earlier this month, it extended trading hours for Forecast Contracts to nearly 24 hours, after having launched them in Canada. In the U.K., it added mutual funds to its ISA offerings, enhancing tax-efficient investing. IBKR also introduced PEA accounts in France and expanded mobile trading via GlobalTrader. Other innovations include almost 24 hours of Overnight Trading on U.S. stocks and ETFs, crypto trading through Paxos with low fees and the launch of IBKR Desktop, a next-gen trading platform for Windows and Mac, underscoring its focus on advanced, global trading company's technological superiority, combined with easier regulations to improve product velocity, will support its net revenues through higher client acquisitions. Net revenues are also expected to strengthen further in the quarters ahead, given the solid Daily Average Revenue Trades (DARTs) numbers and robust trading backdrop driven by higher market participation. IBKR Sales Estimates Image Source: Zacks Investment Research The Zacks Consensus Estimate for HOOD's 2025 and 2026 earnings indicates an 11.9% and 19.4% rise for 2025 and 2026, respectively. Over the past month, earnings estimates for 2025 have remained unchanged, while for 2026, the same have been revised upward. Earnings Trend Image Source: Zacks Investment Research On the contrary, analysts are less optimistic about IBKR's prospects. The consensus mark for earnings suggests 0.4% and 7% growth for 2025 and 2026, respectively. Earnings estimates for both years have been revised lower over the past 30 days. Earnings Trend Image Source: Zacks Investment Research Hence, on earnings growth prospects, HOOD clearly has an edge over Interactive Brokers. Valuation-wise, HOOD is currently trading at the 12-month forward price-to-earnings (P/E) of 47.17X. The IBKR stock, on the other hand, is currently trading at the 12-month trailing P/TB of 28.86X. Further, both are trading at a premium to the industry average of 13.82X. P/E F12M Image Source: Zacks Investment Research While Robinhood commands a premium over Interactive Brokers, its valuation is justified, given its superior growth trajectory. Additionally, HOOD's return on equity (ROE) of 15.42% is way above IBKR's 4.97%. HOOD also outscores the industry ROE of 11.97%. This reflects Robinhood's efficient use of shareholder funds to generate profits. ROE Image Source: Zacks Investment Research HOOD has undergone a significant transformation since its IPO, evolving from a disruptive trading app into a comprehensive financial services platform. Through strategic acquisitions, it is aggressively expanding its product suite and global reach. It's also investing in advanced tools like Robinhood Cortex and Robinhood Strategies, targeting a broader investor base. These innovations, paired with a robust ROE and accelerating earnings and sales growth estimates through 2026, suggest strong long-term upside the other hand, Interactive Brokers remains a dominant, tech-driven brokerage favored by professional and institutional investors. Its global reach, low-cost model and powerful trading tools continue to support consistent revenue growth. However, while the company's innovation in areas like Forecast Contracts, GlobalTrader and IBKR Desktop is impressive, its earnings outlook is more muted, with only modest growth expected in the next two years. Combined with a lower ROE and downward revisions to earnings estimates, this suggests that while IBKR is a stable, well-run business, it may not match HOOD's upside potential in a growth-focused Robinhood appears to be the better long-term investment for solid returns. At present, Robinhood and Interactive Brokers carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research