Varda Space Industries is a privately held American space research company headquartered in El Segundo, California. Founded in November 2020, the company designs, builds, and flies spacecraft that manufacture materials in microgravity. The company target in-space manufacturing of materials that are difficult to produce in Earth's gravity, and brings those materials back to Earth with their atmospheric reentry vehicle. Investors in the company include venture capitalists such as Khosla Ventures and Peter Thiel's Founders Fund.