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

Axiom Space Overview

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

United StatesHouston, TX

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
Axiom Space valuation by funding round
DateStageValuationRevenue Multiple
Feb 2026Undisclosed stage$2.5B35.7x
Feb 2021Series 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

Axiom Space revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Feb 2026$70M$2.5B35.7xUndisclosed 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

Axiom Space funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2026Series DMUFG 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 2026Undisclosed stageQatar Investment Authority (lead); Type One Ventures (lead); Kam Ghaffarian; LuminArx Capital Management LP; 4iG; 1789 Capital$350M$2.5B-
Aug 2023Series CAlJazira 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 2021Series BC5 Capital (lead); Invariantes Fund$130M$1BAxiom 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 2019Series AHelios Capital; Dylan Taylor; SpaceFund; The Venture Collective; Starbridge Venture Capital; Hemisphere Ventures; Jackson Moses$7M--
Aug 2018Series ADrake Management; Evolution VC Partners; Lombardstreet Ventures; Starbridge Venture Capital; Hemisphere Ventures$5M--
Jan 2016SeedIBX 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

Investors in Axiom Space by funding rounds participated
InvestorHQRoundsRoleFirst check
Starbridge Venture CapitalUnited StatesWashington, DC2ParticipantAug 2018
Hemisphere VenturesUnited StatesDallas, TX2ParticipantAug 2018
Kam GhaffarianUnited StatesUnited States1ParticipantFeb 2026
LuminArx Capital Management LPUnited StatesNew York City, NY1ParticipantFeb 2026
Drake ManagementUnited StatesNew York City, NY1ParticipantAug 2018
4iGHungaryHungary1ParticipantFeb 2026
Helios CapitalUnited StatesNew York City, NY1ParticipantDec 2019
Evolution VC PartnersUnited StatesNew York City, NY1ParticipantAug 2018
Qatar Investment AuthorityQatarQatar1LeadFeb 2026
AlJazira MawtenSaudi ArabiaRiyadh1LeadAug 2023
Lombardstreet VenturesUnited StatesSan Francisco, CA1ParticipantAug 2018
C5 CapitalUnited StatesWashington, DC1LeadFeb 2021
Dylan TaylorUnited StatesDenver, CO1ParticipantDec 2019

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Axiom 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.

Public and private companies comparable to Axiom Space
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Hunan Aerospace HuanyuChinaChinaPublicly listed$68M$14M$2.4B-
ABL Space SystemsUnited StatesLos Angeles, CAPrivate$19M-$2.4B-
Intuitive MachinesUnited StatesUnited StatesPublicly listed$207M($111M)$2.4B5.0x
ApexUnited StatesLos Angeles, CAPrivate$18M-$2.3B-
True AnomalyUnited StatesDenver, COPrivate--$2.2B-
RedwireUnited StatesUnited StatesPublicly listed$335M($179M)$2.9B5.6x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Bet Shemesh Engines$314M$68M7.9x-36.8x-
Hunan Aerospace Huanyu$68M$14M36.3x-182.5x-
Data Patterns (India)$96M$39M26.2x23.2x64.3x58.2x
Intuitive Machines$207M($111M)17.6x5.0x(32.9x)(265.1x)
Aerospace CH UAV$437M$53M6.2x6.4x51.3x-
Voyager Technologies$166M($90M)14.4x9.5x(26.8x)(17.3x)
Applied Aerospace & Defense$604M$96M4.3x-27.0x-
AviChina Industry & Technology$13B$903M0.8x0.9x12.5x14.0x

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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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