Fenwick Represents Vast in $500M Funding

Fenwick represented Vast, a company developing next-generation space stations, in its $500 million funding. The round was led by Balerion Space Ventures with participation from IQT, Qatar Investment Authority (QIA), Mitsui & Co., Ltd, MUFG, Nikon Corporation (Nikon), Stellar Ventures, Space Capital, Earthrise Ventures, and Jed McCaleb, founder and first investor.

Vast will use the funds to advance its mission of enabling humanity to live and work in space long-term. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Morgan Sawchuk and Michael Brown and included associates John Clancy, Sammi Chen, Phillip Craig, Siobhan McGurk, and Tiana Wang; executive compensation group partner Marshall Mort and associates Jonathan Stephenson and Rachel Coffey; regulatory partner Melissa Duffy; and tax partner William Skinner and associate Kris Hatch.