spacetoday.net: Axiom Space raises $350 million

Posted: Sun, Feb 15, 2026, 10:48 AM ET (1548 GMT)
Axiom Space has raised an additional $350 million. The commercial space station and spacesuit developer announced Thursday the new funding round, led by Type One Ventures and Qatar Investment Authority with several other investors participating. Axiom said most of the funding will go towards work on Axiom Space, its commercial space station, completing a first module set to launch in 2028 and advancing development of a second module to launch in 2029. The company is waiting on NASA to decide on its plan for the next phase of the Commercial LEO Destinations program to support development of commercial stations, but the company noted it did not expect any changes in that program to significantly affect its work on Axiom Station. The company added it is making good progress on spacesuits to be used on Artemis 3 and future lunar landing missions, with delivery of the suits on schedule for 2027.