Axiom Space Soars with $130M Series B Round
February 16, 2021
Axiom Space which is
developing the world's first commercial space station obtained $130
million in Series B financing. The round was led by C5 Capital and
includes TQS Advisors, Declaration Partners (the investment company
supported by David M. Rubenstein ), Moelis Dynasty Investments,
Washington University in St. Louis , The Venture Collective, Aidenlair
Capital, Hemisphere Ventures and Starbridge Venture Capital.
"Axiom Space is a force in the space industry and will become a centerpiece of C5 Capital's portfolio, and will expand our vision for a secure global future," said C5 operating partner Rob Meyerson , who will serve on the Board of Directors. from Axiom. "The Axiom station will be the infrastructure on which we will build many new businesses in space, and will serve as a basis for future exploration missions to the moon, Mars and beyond."
A artistís illustration of the companyís space station in orbit.
In January 2021, Axiom - also the full mission provider on the ISS for the commercial space sector - unveiled its historic first crew of private astronauts. Scheduled to fly to the ISS before January 2022, the crew of Axiom Mission 1 (Ax-1) intends to promote their philanthropic ventures and conduct scientific research on behalf of organizations that astronauts support.
"Axiom Space was founded on the knowledge that commercial infrastructure
and innovation in space would offer unique ways to improve life on
Earth," said Axiom co-founder and CEO Kam Ghaffarian , who provided the
foundation for financing the company through its family office, IBX.
"NASA's exclusive choice of Axiom to connect to the ISS and the
possibility to take advantage of its main revenue lines are proof of the
company's experience and a business model that was created to optimize a
huge variety of commercial opportunities in orbit. This round of great
success is a crucial moment for trade in orbit, and its implications for
the potential of our civilization are far reaching. "