This financing deal comes as the United States prepares to return astronauts to the moon for the first time in more than half a century.
The funding will support Axiom Space’s ambition to deliver a successor to the International Space Station and to advance work on its lunar spacesuits, which form part of a contract with NASA.
The capital raising was co-led by Type One Ventures and the Qatar Investment Authority, with additional backing from investors, including 1789 Capital, 4iG and LuminArx Capital Management.
Axiom Space founder and executive chairman Kam Ghaffarian also invested in the round, while JP Morgan acted as the sole placement agent.
Ghaffarian said the strong investor support underlined confidence in the company’s vision and leadership as the space sector shifts towards commercial operations in low-Earth orbit.
“The continued backing of strategic partners and world-class institutional investors reinforces the strength of our vision as we lead the transition to a commercial space economy,” he said. “We’re proud to welcome them as partners in building humanity’s future beyond Earth.”
Axiom Space is positioning itself at the forefront of the emerging commercial space economy, developing orbital infrastructure and technology-driven services spanning human spaceflight, microgravity research, in-space manufacturing and orbital data processing.
Type One Ventures founding general partner Tarek Waked said the company’s role extended well beyond building hardware.
“Axiom Space isn’t just constructing components – it’s creating the backbone for humanity’s next era in orbit,” he said. “Its mix of execution capability, government trust and global partnerships puts it in a strong position to shape life after the ISS.”
The funding package includes both equity and debt and will be used to progress the company’s planned commercial outpost as well as the production of its Axiom Extravehicular Mobility Unit under NASA’s spacesuit program.
As governments and agencies look beyond the lifespan of the ISS, attention is increasingly turning to companies expected to lead the next phase of commercial space activity.
With active missions, advanced technologies and a growing network of international partners, Axiom Space is emerging as a central player in shaping the future of human activity in orbit.