Axiom Space Secures $350M to Shape the Future of Orbital Stations
The U.S.-based company Axiom Space has secured $350 million in new funding, reinforcing its position as one of the most ambitious players in the rapidly expanding commercial space economy. The investment will support the company’s development of a next-generation commercial space station and advanced lunar spacesuits for NASA’s Artemis missions. This funding round arrives at a critical moment for the global space industry. As the International Space Station approaches retirement later this decade, governments and private companies in the United States and Europe are accelerating efforts to build the infrastructure that will define humanity’s next chapter in low Earth orbit (LEO). Why Axiom Space Matters Founded in 2016 and headquartered in Houston, Texas, Axiom Space aims to build the world’s first commercial space station and transition low Earth orbit from a government-dominated environment to a thriving private marketplace. The company is already working closely with NA...