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A New Era in Space Exploration
Houston-based Axiom Space, is on a mission to build the world’s first commercial space station. With a recent injection of $350 million in its Series-C funding round, the company is poised to revolutionize the future of space infrastructure.
A Groundbreaking Investment
Axiom Space’s recent funding round, led by Aljazira Capital and Boryung, has elevated the company’s total funds to over $505 million. This impressive financial backing, coupled with more than $2.2 billion in customer contracts, positions Axiom Space as a formidable player in the space industry, second only to SpaceX in terms of funding raised in 2023.
The Visionaries Behind Axiom Space
Founded in 2016 by Michael Suffredini and Kam Ghaffarian, Axiom Space has consistently showcased its commitment to pioneering space exploration. The company’s achievements include winning NASA’s port award and securing a long-term NASA contract worth $1.26 billion for the provision of Exploration Extravehicular Activity Services (xEVAS) spacesuits.
Building the Axiom Station
A testament to Axiom Space’s forward-thinking approach is the construction of the Axiom Station’s first module, set to launch to the International Space Station (ISS) by 2026. The company envisions a future where the Axiom Station operates independently by 2031, following NASA’s planned retirement of the ISS.
Strategic Partnerships and Global Impact
Aljazira Capital, a major financial powerhouse in Saudi Arabia, and Boryung, a healthcare investment company, have expressed their confidence in Axiom Space’s vision. Both investors recognize the potential of space exploration in advancing technology and improving human life on Earth.
A Future Beyond Earth
Axiom Space’s overarching goal is to create a thriving home in space that benefits humanity. As the leading provider of human spaceflight services and developer of human-rated space infrastructure, Axiom Space is at the forefront of ensuring that the benefits of space exploration are accessible to all.
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