Axiom Space Secures $350M in Financing to Accelerate Space Station, Spacesuit Development

Axiom Space, building era-defining space infrastructure, led by Dr. Jonathan W. Cirtain and the team, has raised $350-million in financing to advance its mission to deliver the successor to the International Space Station (ISS) and ready its next-generation spacesuits for the United States' return to the Moon for the first time in more than 50 years. Type One Ventures and Qatar Investment Authority (QIA) co-led the round, with participation from 1789 Capital, 4iG, LuminArx Capital Management, and others. Axiom Space Founder and Executive Chairman Kam Ghaffarian also participated in the round, reinforcing his commitment to the company's mission. J.P. Morgan served as the sole placement agent to Axiom Space in connection with the financing.

Ghaffarian said support from investors, including Qatar Investment Authority, validates the vision of advancing a commercial low-Earth-orbit space economy and building humanity’s future beyond Earth.

Axiom Space is building infrastructure and technology services to enable human spaceflight, microgravity research, in-space manufacturing, and orbital data computing in the emerging commercial space economy.

Tarek Waked of Type One Ventures said Axiom Space is building the foundation for life after the International Space Station, combining strong execution, government trust, and global partnerships to keep U.S. leadership in space.

Attention is shifting toward companies leading the next wave of commercial space innovation, with Axiom Space emerging as a frontrunner through its leadership in missions, technology, infrastructure, and global partnerships shaping modern human space exploration.

The financing, a mix of equity and debt, will fund the development of Axiom Station and production of the Axiom Extravehicular Mobility Unit (AxEMU) under NASA’s spacesuit contract.