An exciting new space company just got a major boost as Vast, whose mission is to build space stations in low Earth orbit that produce artificial gravity via centrifugal force, acquired Launcher, makers of an innovative 'space tug' utility spacecraft.

Vast's goal is to build a permanently habitable space station in low Earth orbit to replace the International Space Station when it is retired in 2030, though that goal is still some ways off considering the scope of Vast's ambitions. Its plan is to build a space station "many times the volume of the International Space Station" according to a company press release announcing the acquisition.

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