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Axiom raises $130 million for its space station

The longtime president of Amazon founder Jeff Bezos’ Blue Origin space venture, Rob Meyerson, will be joining the board of directors for another pioneering space company in connection with a $130 million funding round. Texas-based Axiom Space says the fresh funding will boost its effort to build the world’s first commercial space station, starting as early as 2024.

The Series B funding round was led by London-based C5 Capital, which focuses on cybersecurity and related sectors. Axiom Space said it will partner with other companies in C5’s portfolio to establish an orbital center for cloud computing and cybersecurity operations.

Meyerson, who left Blue Origin in 2018, is an operating partner at C5 Capital. “Axiom Space is a force in the space sector, and it will become a centerpiece of the C5 Capital portfolio,” he said in a news release. “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.”