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The Axiom Extravehicular Mobility Unit (AxEMU) is designed to provide astronauts greater flexibility and mobility for lunar surface excursions.
Axiom Space did not disclose the company valuation for the February 12 financing round, which includes equity and debt components.
Axiom Space previously raised $350 million in August 2023 in a financing round co-led by Aljazira Capital and Boryung Co.
NASA astronauts and engineers recently simulated surface operations and conducted underwater tests while wearing Axiom Space’s new suits.
The Axiom Station project envisions development of five modules.
Axiom Station development includes completion of the first module, the Power and Thermal Payload Module (PPTM), with a planned launch in 2028.
Axiom plans continued development of a second Axiom Station module, a habitat module, with that habitat planned for 2029.
Michael López-Alegría is Axiom Space’s chief astronaut.
The February 12 financing round for Axiom Space included participation from 1789 Capital, 4iG, LuminArx Capital Management, and founder Kam Ghaffarian.
Axiom Space currently operates private crewed missions to the International Space Station using SpaceX Crew Dragon vehicles.
Axiom Space built the new suits used in ongoing tests with NASA astronauts and engineers.
TypeOne Ventures and the Qatar Investment Authority led Axiom Space’s February 12 financing round.
NASA and Axiom Space conducted more than 850 hours of pressurized testing with one person inside the AxEMU.
Axiom will allocate the majority of the new $350 million funding to development of Axiom Station, the company’s planned commercial space station.
Axiom maintained plans announced in late 2024 to launch the PPTM and dock it to the International Space Station.
Kam Ghaffarian, Axiom Space founder and Executive Chairman, participated in the funding round.
Axiom Space’s funding round was dated Feb. 12.
Axiom Space raised $350 million to advance development of its commercial space station and new NASA spacesuits.
Axiom Space's commercial space station hardware is on track to meet NASA deadlines before the planned demise of the International Space Station.
Axiom Space conducted the previous five private astronaut missions to the ISS prior to Vast’s award.