Axiom Space, the Houston-based company focused on developing private space stations and human spaceflight, has raised $350 million in its most recent funding round, the company announced Monday.
The latest cash injection takes total capital raised to $505 million, according to a statement. Axiom also said it is only second to SpaceX for most money raised by a space company in 2023.
The Saudi Arabian investment firm Aljazira Capital and the South Korean healthcare investment company Boryung Co. are the anchor investors for this round. “Together, we are working to serve innovators in medicine, materials science, and on-orbit infrastructure who represent billions of dollars in demand over the coming decade,” Michael Suffredini, Axiom’s chief executive officer, said in a statement.
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