Space

ARS TECHNICA: For lunar cargo delivery, NASA accepts risk in return for low prices

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ARS TECHNICA, 5/3/2021

Standing on a runway in southeast Houston, Tim Crain had to raise his voice to be heard over the roar of a supersonic jet taking off in the distance.

The present and future have come together at the Houston Spaceport. On an almost daily basis, current NASA astronauts take T-38s out for flights to hone their flying skills or to jet across the country for mission training. A few hundred meters away from the main runway, Intuitive Machines is testing rocket engines to support lunar landings.

Crain is the chief technology officer for Houston-based Intuitive Machines, which is building landers to take cargo to the lunar surface. Intuitive Machines has a mixture of NASA and commercial contracts and has emerged as one of a new generation of mostly small companies seeking to extend the sphere of economic activity to the lunar surface.

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CNBC: Private spaceflight specialist Axiom Space raises $130 million to become the latest space unicorn

CNBC, 2/16/2021

Houston-based Axiom Space is going full tilt into scaling production of private space stations, while also flying paying passengers on trips to orbit, with the company announcing Tuesday it received $130 million in a new round of funding.

“This round lets us go make a major payment in the build of our [space station] module and lets us build up the team, which we’ve been expanding at just a crazy pace,” Axiom President and CEO Michael Suffredini told CNBC.

Axiom declined to comment specifically on its valuation, but Suffredini said the company is now “well past the point” of becoming a unicorn, meaning its valuation has surpassed $1 billion. This puts Axiom among the 10-most valuable private U.S. space companies.

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TECHCRUNCH : Axiom Space raises $130 million for its commercial space station ambitions

TECH CRUNH, 2/16/2021

One of the new space startups with the loftiest near-term goals has raised $130 million in a Series B round that demonstrates investor confidence in the scope of its ambitions: Axiom Space, which has been tapped by NASA to add privately developed space station modules to the ISS, announced the new funding led by C5 Capital.

This is the latest in a string of high-profile announcements for Axiom, which was founded in 2016 by a team including space professionals with a history of demonstrated expertise working on the International Space Station. Eventually, Axiom hopes to go from adding the first private commercial modules to the existing station, to creating their own, wholly private on-orbital platforms — for research, space tourism and more.

https://techcrunch.com/2021/02/16/axiom-space-raises-130-million-for-its-commercial-space-station-ambitions/