HOUSTON, TX, Feb 13, 2026 – Axiom Space has secured $350 million in financing to advance a successor to the International Space Station (ISS). The funding also supports development of next-generation spacesuits for the United States’ return to the Moon after more than 50 years.
Qatar Investment Authority (QIA) and Type One Ventures co-led Axiom Space’s financing round, with participation from 1789 Capital, 4iG, LuminArx Capital Management, and other investors. Founder and executive chairman Kam Ghaffarian also joined the round. J.P. Morgan served as sole placement agent for the financing.
“The continued backing of strategic partners and world-class institutional investors like QIA reinforces the strength of our vision as we lead the transition to a commercial space economy in low-Earth orbit,” said Ghaffarian. “We are proud to welcome them as partners in building humanity’s future off planet.”
Pioneering the New Space Economy
Axiom Space develops infrastructure and technology services within the commercial space economy. Its programs support human spaceflight, microgravity research, in space manufacturing, and orbital data compute. The company’s work spans both crewed missions and commercial applications in low Earth orbit.
“Axiom Space isn’t just building hardware, it’s building the backbone of humanity’s next era in orbit,” said Tarek Waked, founding general partner at Type One Ventures. “Their rare combination of execution, government trust, and global partnerships positions them as the clear successor-architect for life after the ISS. This is how the United States continues to lead in space.”
The financing includes both equity and debt components and will support development of Axiom Station and production of the Axiom Extravehicular Mobility Unit (AxEMU) under its NASA spacesuit contract.
Source: Axiom Space
About Axiom Space
Axiom Space, established in 2016, is a Houston-based private aerospace company specializing in human spaceflight services and the development of commercial space infrastructure. The company offers end-to-end crewed missions to the International Space Station (ISS) for private individuals, corporations, and governmental entities, facilitating in-space research, manufacturing, and exploration. Axiom is constructing the world’s first commercial space station, Axiom Station, designed to initially attach to the ISS and later operate independently, ensuring continuous human presence in low-Earth orbit. The company employs approximately 800 individuals. Axiom has secured significant contracts and investments, underscoring its prominent role in the burgeoning commercial space industry.