The High Energy cosmic-Radiation Detection facility (HERD) is a calorimetric experiment planned to be launched in 2027. It will be operational for at least 10 years on board the China Space Station. With HERD we will measure the energy flux of cosmic protons and heavier nuclei from 30 GeV up to, for the first time in space, a few PeV. We will search for signatures of annihilation and decay products of dark matter in the energy spectrum of cosmic electrons and gamma rays from 10 GeV to 100 TeV. A wide field of view monitoring of the gamma-ray full-sky from 100 MeV will also be performed. The five HERD subdetectors, the calorimeter (CALO), the scintillating fiber tracker (FIT), the plastic scintillator detector (PSD), the silicon charge detector (SCD) and the transition radiation detector (TRD), are currently under development. The design, prospects and expected performance of HERD, as well as its contribution to the multimessenger astronomy will be presented in this contribution.