Enlarge / Rendering of an individual crew quarter within the Axiom habitat module. (credit: Axiom Space) Axiom Space is facing significant financial headwinds as the company attempts to deliver on two key commercial programs for NASA—the development of a private space station in low-Earth orbit, and spacesuits that could one day be worn by astronauts on the Moon. Forbes reports that Axiom Space, which was founded by billionaire Kam Ghaffarian and NASA executive Mike Suffredini in 2016, has been struggling to raise money to keep its doors open and has had difficulties meeting its payroll dating back to at least early 2023.

BING NEWS:
  • A key NASA commercial partner faces severe financial challenges
    Axiom Space is facing significant financial headwinds as the company attempts to deliver on two key commercial programs for NASA—the development of a private space station in low-Earth orbit, and ...
    09/17/2024 - 7:37 am | View Link
  • Aging, overworked and underfunded: NASA faces a dire future, according to experts
    In a report commissioned by Congress and released this week, experts said that a number of the agency’s technological resources are suffering, including the Deep Space Network — an international ...
    09/12/2024 - 1:56 am | View Link
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