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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThese companies are leading the charge to manufacture materials in spaceSpace offers a unique environment for research and development because its higher levels of radiation, microgravity and near vacuumless state allow companies to come up with new manufacturing methods or materials that are not possible on Earth. CNBC spoke with two companies, California-based Varda Space Industries and UK-based Space Forge, to see how the startups hope to make manufacturing in space a profitable business.
Persons: Varda Organizations: Space, CNBC, Varda Space Industries Locations: vacuumless, California
Now, several space startups see an opportunity to satisfy in-space manufacturing demand using compact space factories. One company is Varda Space Industries in Southern California. Varda Space Industries' first pharmaceutical manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Years of research have shown that protein crystals grown in space are much higher quality than those grown on Earth. Across the Atlantic in Cardiff, Wales, Space Forge is working on designing its own in-space factory to manufacture next-generation semiconductors.
Persons: Ilan Rozenkopf, Joe Biden, Varda, Asparouhov, we've, Andrew Parlock Organizations: pharma, McKinsey . Space, NASA, ISS, Varda Space Industries, Pfizer, Space Locations: vacuumless, Southern California, U.S, Cardiff , Wales, Space Forge's
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