Governor s Office of Business and Economic Development | State of California Awards Financial Services Contract to Vast Inc (June 2026)
Governor s Office of Business and Economic Development | State of CaliforniaState · Sacramento, CA- Disclosed value
- $32,750,000 tax credit on $87,500,000 investment
- From minutes
- Awarded
- Jun 18, 2026
The 30-second brief
The California Competes Tax Credit Committee approved a $32,750,000 tax credit agreement with Vast, Inc. to support an $87,500,000 investment and 657 additional jobs in Long Beach for space station research, development, and manufacturing. The action advances California’s role in commercial space activities.
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 tax credit on $87,500,000 investment
- Document date
- June 18, 2026
- Vendor
- Vast Inc
- Source document
- Governor's Office of Business and Economic Development Committee Meeting Minutes 2026-06-18 (Minutes)
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 tax credit on $87,500,000 investment.
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 tax credit on $87,500,000 investment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Governor's Office of Business and Economic Development Committee Meeting Minutes 2026-06-18 (Minutes), 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.