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- Axiom Space
Axiom Space Revenue, Valuation, Funding & Investors
Axiom Space is valued at $2.5B as of February 2026, a 35.7x multiple on its last reported $70M revenue.
Last Axiom Space valuation
$2.5B
Undisclosed stage · Feb 2026
Last Axiom Space funding round
$175M
Series D · Jun 2026
Axiom Space revenue
$70M
Undisclosed stage · Feb 2026
Key investors in Axiom Space
Starbridge Venture Capital
Hemisphere Ventures
Evolution VC Partners
Qatar Investment Authority
Lombardstreet Ventures
MUFG Bank
About Axiom Space
Axiom Space is a commercial space company developing modules for a private space station attached to the ISS. Houston-headquartered and founded in 2016, it completed the Ax-1 mission in April 2022 carrying private astronauts to the ISS. The firm conducts research payloads for NASA and ESA, manufactures in-orbit products, and prepares Ax-2 and Ax-3 missions with crew from diverse nations.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B & B2C & B2G
Revenue model
Services
Revenue
$70M (Feb 2026)
Valuation
$2.5B (Feb 2026)
Axiom Space Valuation
Axiom Space is currently valued at $2.5B, based on its undisclosed-stage round in February 2026.
The $350M round was led by Qatar Investment Authority and Type One Ventures, with participation from Kam Ghaffarian, LuminArx Capital Management LP, 4iG and 1789 Capital.
Axiom Space's valuation has grown 2.5x from $1B at its Series B in February 2021 to $2.5B in February 2026, across 2 priced rounds.
Axiom Space valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2026 | Undisclosed stage | $2.5B | 35.7x |
| Feb 2021 | Series B | $1B | - |
Axiom Space Revenue
Axiom Space's latest recorded revenue is $70M, as of its undisclosed-stage round in February 2026. At a $2.5B valuation, that implies a 35.7x revenue multiple.
Axiom Space revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2026 | $70M | $2.5B | 35.7x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Axiom Space Funding History
Axiom Space has raised a total of $1B across 7 funding rounds.
Axiom Space's first fundraising round was a $8M seed round in January 2016. The most recent completed round was a $175M Series D in June 2026.
Axiom Space funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series D | MUFG Bank (lead) | $175M | - | Axiom Space closed an oversubscribed private financing at more than 525 million USD, with MUFG Bank joining as a new investor alongside existing backers; J.P. Morgan served as placement agent. The round had previously been reported at 350 million USD in February and was upsized by more than 175 million USD on the back of continued institutional and strategic investor demand. Proceeds are being used to advance Axiom Station development, produce the AxEMU spacesuit under the company’s NASA contract, and support broader space infrastructure and technology programs. The financing also expands Axiom Space’s cap table with new capital from MUFG Bank, which was described as Japan’s largest bank. Axiom Space is a commercial human spaceflight and orbital infrastructure company based in Houston. The company’s stated focus is commercial space exploration and space station infrastructure, and the June 2026 financing follows earlier investor activity in the same round as well as the company’s broader international expansion efforts. |
| Feb 2026 | Undisclosed stage | Qatar Investment Authority (lead); Type One Ventures (lead); Kam Ghaffarian; LuminArx Capital Management LP; 4iG; 1789 Capital | $350M | $2.5B | - |
| Aug 2023 | Series C | AlJazira Mawten (lead); Boryung (lead); Chenel Capital Partners | $350M | - | Axiom Space is a Houston-based commercial space company founded in 2016 by Michael Suffredini and Kam Ghaffarian that is developing the world's first fully commercial space station, Axiom Station, designed to succeed the International Space Station. The company also manufactures spacesuits under contract with NASA. Axiom conducts private crewed spaceflights to the ISS on SpaceX's Dragon capsule and has completed multiple astronaut missions, including the first all-private mission to the ISS (Axiom Mission 1 in April 2022). In August 2023, Axiom Space announced a $350 million Series C funding round led by Aljazira Capital and Boryung, with participation from additional investors. This round brought total lifetime funding to over $505 million and was anchored by the two lead investors alongside support from diverse venture and strategic partners. The company has secured over $2.2 billion in customer contracts, including a $1.26 billion long-term NASA contract for spacesuit development with guaranteed task order payments totaling approximately $370 million. Revenue streams include per-seat astronaut mission sales at approximately $55 million each, milestone-based government contracts, and emerging commercial services such as orbital manufacturing and data centers. The Series C proceeds were designated to accelerate development of Axiom Station, with the company planning to launch the station's first module to the ISS as early as 2026, and to advance production of next-generation spacesuits for NASA's lunar exploration missions. |
| Feb 2021 | Series B | C5 Capital (lead); Invariantes Fund | $130M | $1B | Axiom Space, a Houston-based space technology company founded in 2016, develops the first commercial space station to attach to the International Space Station (ISS) before launching as an independent station, selected by NASA for this role. The company offers services including private astronaut missions, space station modules, and on-orbit research, manufacturing, and tourism opportunities, positioning itself as infrastructure for a projected multi-trillion-dollar space economy. On February 16, 2021, Axiom Space raised $130 million in a Series B funding round led by C5 Capital, with participation from Declaration Partners (backed by David Rubenstein), Moelis Dynasty Investments, The Venture Collective, Aidenlair Capital, Hemisphere Ventures, Starbridge Venture Capital, and TQS Advisors. This brought total funding to $150 million including prior seed from co-founder Kam Ghaffarian's IBX. Proceeds funded workforce expansion from 110 employees, payments to Thales Alenia Space for module construction, and a new campus at Houston Spaceport. Axiom's CEO Michael Suffredini stated the valuation exceeded $1 billion, making it a unicorn and among the top 10 most valuable private U.S. space companies at the time. C5 Operating Partner Rob Meyerson joined the board, highlighting Axiom's role in space cybersecurity, cloud computing, and future exploration to the Moon and Mars. The round underscored investor confidence in Axiom's NASA partnership and revenue potential from missions and station operations. Later rounds included a $350M Series C in August 2023 led by AlJazira Capital and Boryung Pharmaceutical, bringing total funding to $480M at a $1.26B valuation. |
| Dec 2019 | Series A | Helios Capital; Dylan Taylor; SpaceFund; The Venture Collective; Starbridge Venture Capital; Hemisphere Ventures; Jackson Moses | $7M | - | - |
| Aug 2018 | Series A | Drake Management; Evolution VC Partners; Lombardstreet Ventures; Starbridge Venture Capital; Hemisphere Ventures | $5M | - | - |
| Jan 2016 | Seed | IBX Group (lead) | $8M | - | Axiom Space, founded in 2016, develops the world's first commercial space station, starting with modules attached to the International Space Station. Co-founder Kam Ghaffarian provided seed funding through his family office IBX. The company raised $8M in a seed round in January 2016. Axiom Space provides access to the ISS via crewed missions for national and private astronauts, as well as research and manufacturing services. |
Who has invested in Axiom Space?
23 investors have backed Axiom Space across its funding rounds, including Starbridge Venture Capital, Hemisphere Ventures, Evolution VC Partners, Qatar Investment Authority, Lombardstreet Ventures and MUFG Bank.
Lead investors include MUFG Bank, Qatar Investment Authority, Type One Ventures, AlJazira Mawten, Boryung and 2 other investors.
Axiom Space Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Aug 2018 | ||
| 2 | Participant | Aug 2018 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Lead | Aug 2023 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Lead | Feb 2021 | ||
| 1 | Participant | Dec 2019 | ||
This data is available for Pro users. Sign up to see all 23 Axiom Space investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAxiom Space Competitors
Axiom Space competitors include listed companies like Hunan Aerospace Huanyu, Intuitive Machines and Redwire, and private ones like ABL Space Systems, Apex and True Anomaly.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $68M | $14M | $2.4B | - | ||
| Private | $19M | - | $2.4B | - | ||
| Publicly listed | $207M | ($111M) | $2.4B | 5.0x | ||
| Private | $18M | - | $2.3B | - | ||
| Private | - | - | $2.2B | - | ||
| Publicly listed | $335M | ($179M) | $2.9B | 5.6x |
Axiom Space Public Comps
Axiom Space is still privately-owned, but its public comps include Bet Shemesh Engines, Hunan Aerospace Huanyu, Data Patterns (India), Intuitive Machines, Aerospace CH UAV, Voyager Technologies, Applied Aerospace & Defense, AviChina Industry & Technology, Redwire and AECC Aero Science.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $314M | $68M | 7.9x | - | 36.8x | - | |||
| $68M | $14M | 36.3x | - | 182.5x | - | |||
| $96M | $39M | 26.2x | 23.2x | 64.3x | 58.2x | |||
| $207M | ($111M) | 17.6x | 5.0x | (32.9x) | (265.1x) | |||
| $437M | $53M | 6.2x | 6.4x | 51.3x | - | |||
| $166M | ($90M) | 14.4x | 9.5x | (26.8x) | (17.3x) | |||
| $604M | $96M | 4.3x | - | 27.0x | - | |||
| $13B | $903M | 0.8x | 0.9x | 12.5x | 14.0x | |||
This data is available for Pro users. Sign up to see all Axiom Space competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Axiom Space
| When was Axiom Space founded? | Axiom Space was founded in 2016. |
| Where is Axiom Space headquartered? | Axiom Space is headquartered in Houston, TX, United States. |
| Is Axiom Space publicly listed? | No, Axiom Space is a private, VC-backed company. |
| What is Axiom Space's valuation? | Axiom Space was last valued at $2.5B in its undisclosed-stage round in February 2026. |
| How much funding has Axiom Space raised? | Axiom Space has raised $1B across 7 funding rounds. |
| What was Axiom Space's last funding round? | Axiom Space's last funding round was a $175M Series D in June 2026, led by MUFG Bank. |
| Who are Axiom Space's investors? | Axiom Space's investors include Starbridge Venture Capital, Hemisphere Ventures, Kam Ghaffarian, LuminArx Capital Management LP, Drake Management, 4iG, Helios Capital, Evolution VC Partners, Qatar Investment Authority, AlJazira Mawten and 13 others. |
| What is Axiom Space's revenue? | Axiom Space's latest recorded revenue is $70M (February 2026). |
| What is Axiom Space's revenue multiple? | Axiom Space's latest valuation implies a 35.7x revenue multiple ($2.5B valuation on $70M of revenue). |
| Which companies are comparable to Axiom Space? | Companies comparable to Axiom Space include Hunan Aerospace Huanyu, ABL Space Systems, Intuitive Machines, Apex, True Anomaly and Redwire. |
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