Axiom Space Raises $350 Million

Axiom Space is a commercial space station company that provides individuals from all walks of life the opportunity to journey to space and experience the awe-inspiring beauty of our planet from above. The company envisions a future where space travel is not limited to astronauts but is accessible to anyone with a dream of venturing beyond our planet. By leveraging cutting-edge technology and innovative business models, Axiom Space is making significant strides in realizing this vision.  

Axiom Space has raised $350 million in a Series C round led by Saudi Arabia’s Aljazira Capital and Korean healthcare firm Boryung as the startup works with NASA to develop a private space station. The company’s valuation is reported to be over $1 billion. In total, Axiom Space has raised $505 million till that moment.  

Axiom Space, Houston, Texas, United States, was founded in 2016 by Kam Ghaffarian and Michael Suffredini. “We are honored to team with investors like Aljazira Capital, Boryung and others, who are committed to realizing the Axiom Space vision,” said Michael Suffredini, president and chief executive of Axiom Space, in statement. “Together, we are working to serve innovators in medicine, materials science and on-orbit infrastructure who represent billions of dollars in demand over the coming decade.”

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