On September 12, Jed McCaleb, one of the co-founders of Ripple, announced the start of his new space enterprise named Vast. The company’s ambitions include building “human habitation in space.”
According to the former chief technology officer, McCaleb, he wants to utilize his skills to make it possible for people to have access to an “incredible amount of resources” and “enable a future where millions of people are living across the solar system,” as per a press release published on September 12.
The blockchain pioneer and technology entrepreneur founded the space habitation start-up in 2021, and it will be responsible for constructing the first space station with artificial gravity. This would, in essence, make it possible for humans to live and work in space.
McCaleb added:
“The solar system has an incredible amount of resources. If we had access to those resources, our civilization could grow and thrive while preserving our planet. Once large populations of humans can live in space, we can create the industry and infrastructure needed to access those resources at-scale.”
