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Delian Asparouhov: Varda secures $51.8 million this year with additional $48.8 million requested

Delian Asparouhov: Varda secures $51.8 million this year with additional $48.8 million requested
Varda raises $51.8 million for space

Delian Asparouhov announced that Varda, a venture focused on building drug manufacturing facilities in space, is making progress with drugs now headed to clinics.

Asparouhov also stated that Varda's capsule technology can deliver cargo anywhere on Earth, positioning the company ahead of competitors by having successfully flown its spacecraft instead of just pitching concepts. Varda has secured $51.8 million this year and is requesting an additional $48.8 million next year.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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