Axiom Space said on 4 June that it has closed an oversubscribed financing at more than $525 million, extending a capital-raising cycle that includes a $350 million tranche announced in February. The company said the proceeds support development of Axiom Station and its AxEMU lunar spacesuits for NASA.
The February round combined equity and debt and was co-led by Type One Ventures and Qatar Investment Authority, with participation from 1789 Capital, 4iG and LuminArx Capital Management. Axiom is building the first commercial space station in low Earth orbit and holds a NASA contract for at least one habitable module attached to the ISS.
The funding comes as Axiom advances industrial work on station modules and space suits ahead of the ISS retirement window later in the decade. The company also launched Axiom Space Japan in May, adding a regional base for future commercial and government business in Asia.