Axiom Space is redefining access to low-Earth orbit through its development of commercial space stations designed for habitation, research, and manufacturing. Its modular stations host microgravity experiments, materials testing, and private astronaut missions, catering to governments, research institutions, and space tourists alike. The company’s upcoming space station modules will integrate with the International Space Station (ISS) before transitioning to operate independently, creating the world’s first commercially owned orbital platform for science, exploration, and industry.
What Is Axiom Space and What Does It Do?
Axiom Space, founded in 2016 by Kam Ghaffarian and Michael T. Suffredini, is a Houston (United States)-based space technology company developing commercial space stations for habitation and research.
Axiom Space employs between 501-1,000 people as of July 2025. Axiom Space provides orbital infrastructure for microgravity research, in-space manufacturing, and private astronaut missions. It also develops thruster technologies for mobile propulsion testing.
By combining government partnerships with private-sector innovation, Axiom aims to commercialize human spaceflight and pave the way for future lunar and deep-space missions.
How Much Funding Has Axiom Space Raised?
1. Series C
- Amount Raised: $350M
- Date: August 2023
- Lead Investors: AlJazira Capital, Boryung Pharmaceutical
- Motivation: To fund construction and deployment of Axiom’s commercial space station modules.
2. Series B
- Amount Raised: $130M
- Date: February 2021
- Lead Investors: C5 Capital, Starbridge Venture Capital, Hemisphere Ventures, The Venture Collective, Declaration Partners, TQS Advisors
Motivation: To advance Axiom’s first privately built space module and expand astronaut training capabilities.
Total Funding Raised: $480 Million
Current Valuation: $1.26 Billion (as of August 2023)
Latest Funding Date: August 2023
Key Investors
1. C5 Capital
- Details: A London-based venture capital firm investing in cybersecurity, space, and energy resilience.
- Investment Focus Areas: Space infrastructure, defense technology, and sustainable innovation.
- Notable Investments: IronNet, Mission Space, and Isotropic Systems.
2. AlJazira Capital
- Details: A Saudi-based investment management firm supporting advanced technology and industrial innovation.
- Investment Focus Areas: Space tech, energy, and strategic infrastructure.
- NotableInvestments: NEOM, Lucid Motors, and MENA-focused ventures.
Where Is Axiom Space’s Headquarters?
Axiom Space is headquartered in Houston, Texas, strategically located near NASA’s Johnson Space Center the core of U.S. human spaceflight operations. This proximity provides Axiom with access to world-class engineering talent, government partnerships, and astronaut training facilities, making Houston an ideal hub for commercial space innovation.
What’s Next for Axiom Space?
Axiom Space is preparing for the launch of its first commercial space module, which will attach to the ISS before forming the foundation of the world’s first private space station. The company plans to scale its manufacturing and mission operations while expanding partnerships in microgravity manufacturing, tourism, and national astronaut missions.
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