- Capital will accelerate growth of workforce and development of world's first 
commercial space station

- NASA selected Axiom to begin attaching its privately developed space station 
modules to the International Space Station as early as 2024

- Axiom recently revealed the first-ever private astronaut ISS crew, launching 
in January 2022

Axiom Space, Inc., which is developing the world's first commercial space 
station, has raised $130M in Series B funding. The round was led by C5 Capital 
and includes TQS Advisors, Declaration Partners (the investment firm backed by 
David M. Rubenstein), Moelis Dynasty Investments, Washington University in St. 
Louis, The Venture Collective, Aidenlair Capital, Hemisphere Ventures, and 
Starbridge Venture Capital.

The new financing will accelerate the growth of Axiom's workforce and 
construction of its privately developed space station. The Axiom Station will 
serve as the central pillar of a thriving network of commerce in Earth's orbit 
-- a linchpin of a space economy that Bank of America and Morgan Stanley both 
project could be valued at more than $1 trillion in the next few decades.

"Axiom Space is a force in the space sector, and it will become a centerpiece 
of the C5 Capital portfolio and enhance our vision for a secure global future," 
said C5 operating partner Rob Meyerson, who will join the Axiom Board of 
Directors. "The Axiom Station will be the infrastructure upon which we will 
build many new businesses in space, and it will serve as the foundation for 
future exploration missions to the Moon, Mars, and beyond."

Recent Milestones

    -- In January 2020, NASA selected Axiom to begin attaching its own space 
       station modules to the International Space Station (ISS) as early as 
       2024, marking the company as a primary driver of NASA's broad strategy 
       to commercialize LEO. While in its assembly phase, Axiom Station will 
       increase the current usable and habitable volume on ISS and provide 
       expanded research opportunities. By late 2028, Axiom Station will be 
       ready to detach when the ISS is decommissioned and operate 
       independently as its privately owned successor. 

    -- In January 2021, Axiom - also the commercial space industry's full-
       service ISS mission provider - revealed its historic first private 
       astronaut crew. Planned to fly to the ISS no earlier than January 
       2022, the crew of Axiom Mission 1 (Ax-1) intend to promote their 
       philanthropic endeavors and conduct scientific research on behalf of 
       organizations they support.

"Axiom Space was founded on the knowledge that commercial infrastructure and 
innovation in space would offer unique ways to improve life on Earth," said 
Axiom co-founder and executive chairman Kam Ghaffarian, who provided the 
company's seed funding through his family office, IBX. "Axiom's sole-selection 
by NASA to connect to ISS and ability to leverage its key revenue lines are 
evidence of the company's expertise and a business model that is set up to 
optimize across a variety of commercial on-orbit opportunities. This highly 
successful round is a pivotal moment for on-orbit commerce and its implications 
for our civilization's potential are far-reaching."

Ghaffarian founded and led Stinger Ghaffarian Technologies, which rose to 
become NASA's second-largest engineering services contractor before being 
acquired by KBR in 2018. Axiom President & CEO Michael Suffredini was NASA's 
ISS Program Manager from 2005 to 2015.

"We are proud to partner with Axiom's exceptional management team, who built, 
led, and visited the International Space Station on behalf of NASA and its 
partners," Brian Stern, a Partner at Declaration Partners, said. "The 
next-generation space station we are building today will be a key means of 
conducting space-based research, manufacturing, communication, and travel for 
decades to come."

About Axiom Space

Axiom Space was founded in 2016 with the vision of a thriving home in space 
that benefits every human, everywhere. While building and attaching its 
commercial modules to the International Space Station to one day form the 
world's first privately funded commercial space station, Axiom provides 
universal access to the ISS today by conducting crewed missions for national 
and private astronauts as well as research and manufacturing customers. More 
information about Axiom can be found at www.axiomspace.com.

SOURCE Axiom Space

CONTACT: Media: Beau Holder, beau@axiomspace.com, Investors: Amir Blachman, 
investors@axiomspace.com