CONTRACTRECOMMENDED

Vast, Inc. Recommended for $32.75M Tax Credit

Governor s Office of Business and Economic Development | State of California logoGovernor s Office of Business and Economic Development | State of California
Disclosed value
$32,750,000
From agenda
Document date
Jun 18, 2026

The 30-second brief

What it covers

GO-Biz recommends approval of a California Competes Tax Credit Agreement granting Vast, Inc. $32,750,000 in tax credits for a planned $87.5 million investment and 657 new jobs in Long Beach. The agreement supports space station research, development, and manufacturing.

Who holds it

Vast Inc holds this financial services contract with Governor s Office of Business and Economic Development | State of California. Its other public contracts on record include work for City of Long Beach and Mojave Air And Space Port.

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Contract details

Contract type
Financial Services
Amount
$32,750,000
Document date
June 18, 2026
Vendor
Vast Inc
Source document
Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18 (Agenda)

Vast Inc's other public contracts

More Governor s Office of Business and Economic Development | State of California contracts

Questions about this contract

Who was awarded the financial services contract by Governor s Office of Business and Economic Development | State of California?

Vast Inc was awarded this financial services contract by Governor s Office of Business and Economic Development | State of California, as recorded on June 18, 2026. The contract value is $32,750,000.

How much is the Vast Inc contract with Governor s Office of Business and Economic Development | State of California worth?

The Vast Inc contract with Governor s Office of Business and Economic Development | State of California is valued at $32,750,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18 (Agenda), dated June 18, 2026 from Governor s Office of Business and Economic Development | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vast Inc hold?

Vast Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Governor s Office of Business and Economic Development | State of California currently buying?

Explore Governor s Office of Business and Economic Development | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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