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Varda is a space startup Varda is an aerospace company found | Euphoria | Crypto News

Varda is a space startup

Varda is an aerospace company founded in 2020. The startup focuses on creating products in space that benefit from low gravity.

The company intends to create an infrastructure that collects raw materials for new products in space through mining on asteroids.

Why does the startup want to do this specifically in space? The point is that Varda's founders believe that due to the absence of gravity, manufacturing processes can go easier and faster.

The company has raised $51 million in investments and has already presented its idea to the U.S. Department of Defense. It is expected that the first autonomous production facility could be launched next year.