– USA, TX – Axiom Space, Inc., which develops the world’s first commercial space station, has raised $ 130 million in a Series B funding round led by C5 Capital and including TQS Advisors, Declaration Partners, Moelis Dynasty Investments, Washington University in St. Louis, The Venture Collective, Aidenlair Capital, Hemisphere Ventures and Starbridge Venture Capital.
Concurrent with the financing, Rob Meyerson, a C5 operating partner, will join the board of directors.
“Axiom Space is a force in the space industry. The company will become a centerpiece of C5 Capital’s portfolio and reinforce its vision for a secure global future,” said Rob Meyerson, C5 operating partner. “The Axiom station will be the infrastructure on which we will build many new businesses in space. It will serve as the basis for future exploration missions to the Moon, Mars and beyond. “
With this funding, Axiom will be able to accelerate the growth of its workforce as well as the construction of its space station developed by the private sector. The Axiom station will become the central pillar of a thriving Earth-orbiting commerce network and the backbone of a space economy that Bank of America and Morgan Stanley say could amount to more than $ 1 trillion over the course of decades to come.
“The company was founded on the fact that we know that business infrastructure and innovation in space would offer unique ways to improve life on Earth,” said Kam Ghaffarian, Co-Founder and Executive Chairman of Axiom. “The fact that NASA chose Axiom for its station to attach to the ISS, as well as the company’s ability to leverage its primary sources of revenue, is testament to the company’s expertise and business model. designed to optimize various business opportunities in orbit. This highly successful cycle is a pivotal moment for in-orbit commerce and its impact on the potential of our civilization is considerable. “
Mr. Ghaffarian founded and led Stinger Ghaffarian Technologies, which became NASA’s second-largest engineering services contractor before being acquired by KBR in 2018. Axiom CEO Michael Suffredini was responsible for NASA’s ISS program from 2005 to 2015.
“We are proud to partner with the exceptional Axiom leadership team, who built, directed, and toured the International Space Station on behalf of NASA and its partners,” said Brian Stern, a partner of Declaration Partners. The next-generation space station we are building today will be a key vehicle for research, manufacturing, communications, and space travel for decades to come. “
About Axiom Space
Axiom Space was founded in 2016 with the vision of a thriving home in space that benefits every human, everywhere. While building and attaching its commercial modules to the International Space Station to one day form the world’s first privately funded commercial space station, Axiom today provides universal access to ISS by carrying out missions for a crew of national and private astronauts as well as for clients in the research and manufacturing sector.
For more information: https://www.axiomspace.com/
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