Place a metal bowl and beaters for an electric hand mixer in the freezer for at least 30 minutes.
To bloom the gelatin, place the cold water into a small microwave proof bowl.
Sprinkle the unflavored gelatin over the water.
Then let it sit for 5-10 minutes to allow it to bloom.
After half an hour has passed, take the metal bowl and beaters out of the freezer. Then pour the cold heavy whipping cream into the bowl.
Add the vanilla extract and the powdered sugar.
Using an electric hand mixer, beat the cream until soft peaks form.
Place the bowl with the gelatin in the microwave for 5 seconds to liquify it. Then, while the mixer is running, slowly add it to the partially whipped cream.
Continue whipping the cream until stiff peaks are formed.