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Axiom Space

Invest in Axiom Space

Aerospace & Defense

Founded: 2016

Headquarters: Houston, TX



Last Round Valuation

$50 Billion

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About Axiom Space

Axiom Space is building history, guided by the vision of a thriving home in space that benefits every human, everywhere. The leading provider of human spaceflight services and developer of human-rated space infrastructure, Axiom Space operates end-to-end missions to the International Space Station today while developing its successor, Axiom Station – a permanent commercial destination in low-Earth orbit that will sustain human growth off the planet and bring untold benefits back home.

Key Facts

The transition of aircraft, satellites, and rockets from governments to the private sector created the trillion-dollar commercial aerospace industry. That transition continues now with space stations. The International Space Station (ISS) was built 20 years ago by 14 countries and will be retired in 2030. It was the largest peacetime project in history and brought sworn enemies together to see the Earth from above without borders, to usher in a new platform for scientific discovery, to plant the seeds of a commercial ecosystem in space, and to plant the seeds of inspiration in the next generations of innovators.

Axiom Space is at the forefront of this transition. Axiom was founded by the longest-tenured chief of the ISS Program and by the founder of the largest operations services provider to the ISS Program. Axiom is building the world’s first commercial space station, Axiom Station.

Axiom Space has signed over $2 billion in commercial and government contracts, earned the exclusive privilege of connecting its new station to the ISS, and has successfully sent the first-ever, all-private crew of four astronauts to the ISS. These precursor missions are to the ISS today and Axiom’s missions thereafter will be to the independent Axiom Station.

The construction of the world’s first commercial space station is already underway. Following the completion of preliminary and critical design reviews in collaboration with NASA, Axiom’s partners at Thales Alenia Space began welding and machining activities for the primary structures of Axiom Station's first module. The first pieces of fabricated flight hardware are beginning to come together, and the assembled module will be transferred to Houston soon, where Axiom will complete final assembly and integration.

Axiom is building the new space station at 1/30th the cost of the ISS and with the capabilities afforded by much newer technologies.

Axiom Space is preparing for a late 2025 launch of the first module of its next-generation platform that will operate in low-Earth orbit.

Axiom Space is the only company with the privilege of connecting its modules to the International Space Station. This partnership and strategic connection allows Axiom Space to effectively adopt and service the multinational user base of the ISS National Laboratory to seamlessly continue research and manufacturing initiatives.

The Axiom Space Station will host people, research, and manufacturing that will lead development for numerous industries using techniques that are available only in microgravity. The station will also service the rapidly expanding infrastructure and solutions operating in space and provide an accessible platform for private companies and national governments to continue the research and development of breakthrough innovations.

Not only is Axiom creating the world’s first commercial space station, but the Company also provides a stack of other offerings for space agencies, private astronauts, and innovators. nnAxiom provides space agencies with human spaceflight and exploration systems.

Axiom provides space agencies with human spaceflight and exploration systems.

Axiom Space works to expand the community of spacefaring nations and globalize the benefits of microgravity.

Axiom utilizes its singular human spaceflight engineering, training, operations, and program management expertise to help governments build human spaceflight programs and fly their astronauts on missions to space. These programs promote the growth of high-tech industries, stimulate the economy, inspire youth to pursue STEM education, and are a source of national pride and international respect.

Beyond the mission, Axiom can assist in organizing in-country training infrastructure, strategic engagement with industry, and interrelations with other government agencies – the fundamentals of a fruitful, indigenous human spaceflight program.

Axiom provides a platform for testing next-generation designs of exploration systems and establishing reliability of legacy systems for future spacecraft so humans can safely traverse the Solar System and push the species to new heights.

Axiom provides private astronauts with the ability to visit the ISS.

Axiom offers users the ability to traverse the sublime reach of space and fulfill personal goals of philosophical, philanthropic, scientific, or commercial nature — and help open a new chapter in human history.

Missions with Axiom include seventeen weeks of expert training at space agency facilities that only a privileged few get to see. Training prepares the participant as an astronaut, develops a deep camaraderie with fellow astronauts, and truly inaugurates one as a member of the exclusive space traveler family.

Each astronaut’s experience in the perch overlooking Earth is unique and personal, and visitors to orbit have carried out a broad range of activities. Axiom works with its private astronauts to design an optimal itinerary. Examples include STEM education outreach, research, filmmaking and photography, and support for philanthropic causes.

Axiom provides innovators and researchers with unique research and manufacturing opportunities, and in-space infrastructure & logistics.

Microgravity is a unique environment for studying biological processes that could uncover important insights for drug discovery and development. In recent years, there have been significant efforts invested in building a research facility on the space station, with tools and hardware comparable to modern labs on Earth. Elevating research capabilities in space helps support and drive biomedical research endeavors that benefit society, including the development of drugs and therapies. Research performed in microgravity has already aided the FDA approval and marketing of several drugs.

Axiom provides a microgravity platform for entrepreneurial individuals and companies to gain a competitive advantage through breakthrough innovations.

Axiom Space is developing and operationalizing an array of In-Space Infrastructure and Logistics solutions in support of commercial, civil, and national security applications in Low Earth Orbit and beyond. Commercial human-rated infrastructure provides unique advantages as compared to “traditional” uncrewed and unpressurized satellite assets in Earth’s orbit.

Axiom has completed two private space missions, the Ax-1 and Ax-2, and has signed a mission order with NASA for Ax-3.

The Axiom Mission 1 (Ax-1) was the first all private astronaut mission to the ISS. The mission which lasted for 17 days and consisted of 26 science payloads.

The Axiom Mission 2 (Ax-2) was Axiom Space’s second all-private astronaut mission to the ISS, marking another pivotal step toward developing Axiom Station. The four-person Axiom Space crew flew to space in SpaceX’s Dragon spacecraft atop its Falcon 9 rocket to participate in a 12-day mission, including 10 days working and living on the orbiting laboratory to implement a full mission manifest of science, outreach, and commercial activities.

The Axiom Mission 3 (Ax-3) will be Axiom’s third private astronaut mission to the International Space Station, and it is targeted to launch no earlier than November 2023 from NASA’s Kennedy Space Center in Florida.

Ax-3 is expected to spend 14 days docked to the space station. A specific launch date is dependent on spacecraft traffic to the space station and in-orbit activity planning and constraints. NASA and Axiom Space mission planners will coordinate in-orbit activities for the private astronauts to conduct in coordination with space station crew members and flight controllers on the ground.

According to the Financial Times, CEO and Co-Founder Mike Suffredini has reported that Axiom has already clinched “some $2 billion in revenues” through private space missions to the ISS, a NASA contract to develop a space suit, and private research projects.

Axiom Space has signed two spacesuit task orders with NASA, the first being the $228 million task order in 2022 to develop the lunar spacesuit for the Artemis III mission back to the Moon. The second being an International Space Station (ISS) Extravehicular Activity (EVA) spacesuit task order, with an initial commitment of $5 million and a potential value of $142 million over four years, to modify its Artemis III lunar spacesuit design for advancing NASA’s ISS spacewalking capabilities.

Both spacesuit task orders awarded to Axiom Space fall under NASA’s Extravehicular Activity Services (xEVAS) contract, which enables Axiom Space to compete for contracts that will provide a full suite of capabilities for NASA’s spacewalking needs during the period of performance through 2034. The milestone-based xEVAS contract has a combined maximum potential value of $3.5 billion for all task order awards.

Axiom's astronaut flight business is a crucial experience for the company's broader goals of deploying its own private space station by the mid-decade. It plans to first attach modules to the ISS before splitting off into a fully private structure once the existing international laboratory is retired around 2030.

In September 2022, Axiom Space announced it has been awarded the first task order under its NASA Extravehicular Activity Services (xEVAS) $1.26B Contract. Under the $228 million task order, Axiom will commence the development of next generation astronaut spacesuits to support the Artemis lunar missions. The new spacesuits by Axiom Space will provide astronauts with advanced capabilities for space exploration while providing NASA commercially developed human systems needed to access, live, and work in microgravity as well as on and around the Moon.  NASA will land the first woman on the Moon wearing Axiom’s xEVAS spacesuits beginning with Artemis III.

In November 2022, Axiom Space partnered with Virgin Galactic to support a microgravity research and training mission. The Virgin Galactic spaceflight, tentatively scheduled for next year, will prepare an Axiom Space astronaut for an upcoming trip to orbit, while conducting microgravity research to supplement the work that astronaut will do on the International Space Station.

In March 2023, Axiom Space was named to Fast Company’s prestigious annual list of the top 50 World’s Most Innovative Companies for 2023.

In April 2023, Axiom Space announced it was launching the Axiom Space Access Program, designed to enable countries to realize long-term economic and scientific value in microgravity, without the need to build or expand their own infrastructure such as on-orbit facilities, launch vehicles, medical or training programs, and support capabilities. Under this new program, Axiom Space will offer participating countries a range of services including the unique ability to live and work in microgravity, which will provide unprecedented opportunity to unlock the benefits of on-orbit research and development for nations around the world. In addition to this access, the program includes customized astronaut training programs, expert advisory teams, priority for future missions onboard Axiom Station, and other services to advance a nation’s space objectives.

In April 2023, Axiom Space and the Swedish National Space Agency, along with the support of the European Space Agency (ESA), signed a letter of intent to send an ESA astronaut to visit the International Space Station (ISS) on an upcoming Axiom Space mission. This historic agreement between ESA, Sweden, and Axiom Space represents the realization of over a decade of work done by U.S. policy makers, international partners, and the commercial industry to ensure the long-term development of a vibrant ecosystem in low-Earth orbit that will benefit every human everywhere.

In April 2023, Axiom Space announced that retired U.S. Space Force General John W. "Jay" Raymond, first Chief of Space Operations, has joined its Board of Directors and will provide strategic advice on issues related to national security space. General Raymond is a highly respected and accomplished leader with over 38 years of military experience. He has been instrumental in shaping the future of space operations and has played a pivotal role in the establishment of the U.S. Space Force, the first new branch of the military in over 70 years.

In May 2023, the Ax-2 crew aboard the SpaceX Dragon Freedom spacecraft safely splashed down off the coast of Florida. The crew’s return officially concluded the second all-private astronaut mission to the International Space Station (ISS).

The Ax-2 crew spent eight days aboard the ISS, orbited the Earth 126 times, and traveled 3,331,440 miles. During the mission, the Ax-2 crew conducted more than 20 research experiments and served as research subjects to better understand the impacts of microgravity on the human body, as well as established methods for the utility of novel technologies that could be used for future human spaceflight pursuits and improving life on Earth.

Additionally, the crew carried out over 20 STEAM (science, technology, engineering, the arts, and math) engagements. The Ax-2 mission made history on many fronts. Ax-2 was the first commercial mission with both private and government-sponsored astronauts.

Peggy Whitson is now the first female commander of a private space mission, adding to her accomplishment as the first female commander of the ISS and standing record for the longest cumulative time in space by an American astronaut (674 days).

Ali Alqarni and Rayyanah Barnawi are the first Saudi astronauts to visit the ISS and Rayyanah Barnawi is the first Saudi female to go to space. In addition, John Shoffner became the first person from the U.S. state of Alaska to fly to space.

In July 2023, Axiom Space announced that NASA has awarded it an ISS Extravehicular Activity (EVA) spacesuit task order, with an initial commitment of $5 million and a potential value of $142 million over four years, to modify its Artemis III lunar spacesuit design for advancing NASA’s ISS spacewalking capabilities.

In August 2023, NASA and Axiom Space signed a mission order for the fourth private astronaut mission to the International Space Station (ISS), marking the Houston-based company and space industry leader as the only full-service mission provider to carry out end-to-end commercial astronaut missions to the orbiting laboratory. Axiom Mission 4 (Ax-4) is targeted to launch no earlier than August 2024 from the agency’s Kennedy Space Center in Florida and is expected to spend up to 14 days docked to the space station. The Ax-4 crew members will train with NASA, international partners, and SpaceX for their flight. Axiom Space has contracted SpaceX as launch provider for transportation to and from the space station, and to familiarize the private astronauts with systems, procedures, and emergency preparedness for the Dragon spacecraft.

In August 2023, Axiom Space and Poland, with support from the European Space Agency (ESA), signed an agreement to send an ESA astronaut to space on a future Axiom Space mission. The ESA astronaut selected for the mission will focus on scientific research and educational outreach while on orbit. In coordination with ESA, Axiom Space will manage all aspects required for the preparation and completion of the mission, including access to training facilities and instructors, hardware and safety certification, on-orbit management, and post-mission support. As the crew provider, ESA will sign an agreement with Axiom Space to define and implement the mission objectives and prepare for all the operational services needed.

In August 2023, Axiom Space announced that it secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts.

In March 2024, Axiom Space partnered with the Wake Forest Institute for Regenerative Medicine, recipient of an inaugural U.S. National Science Foundation (NSF) Engines grant.

In April 2024, Astrolab, together with teammates Axiom Space and Odyssey Space Research, were awarded a NASA contract to advance the development of a Lunar Terrain Vehicle (LTV) to enable Artemis astronauts to explore more of the Moon’s surface on future missions. The Astrolab team is one of three teams to win contract awards. Astrolab’s contract is worth up to $1.9 billion. Collectively, the three contract winners may be awarded task orders over the next 13 years with a total potential value of $4.6 billion. The contracts allow for two additional years for the completion of the services.

In May 2024,nAxiom Space partnered with Virgin Galactic to sendnAxiom Mission 3 (Ax-3)nbackup and Turkish Space Agency (TUA) astronautnTuva Atasevernon a suborbital flight on June 8 to conduct microgravity research.

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Market Position

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Primary Vertical

Aerospace & Defense



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Key Officers

Name Work History Title Status
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current


Valuation Over Time


Last Round

Sept. 2019, Series B1

Valuation Post-Money


Amount Raised


Total Funds Raised


Implied Valuation


Funding Rounds

Date Round Amount Valuation Investors
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here

Competitive Landscape

Company Valued Revenue
San Francisco, CA
$2.8B $1.3B
San Francisco, CA
$2.8B $1.3B
San Francisco, CA
$2.8B $1.3B

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