Space station startup Gravitics lands $125 million order from Axiom

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Space station startup Gravitics lands $125 million order from Axiom
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Gravitics aims to become a manufacturer of private space stations, with designs for modules that have the “largest interior volume in a standalone…

Washington-based startup Gravitics signed a $125 million contract with Axiom Space to expand the latter's planned space station.

"We're a very hardware-rich company, so we're building at the same time we're finalizing design," Gravitics CEO and founder Colin Doughan told CNBC. The agreement between Axiom and Gravitics, which was founded in 2021, represents the startup's most significant yet. Gravitics previously raised a total of $20 million in venture funding as it looks to make its mark as a manufacturer of private space stations.

At present, NASA's Commercial LEO Destinations, or CLD, program has been doling out development contracts to companies building space stations in anticipation of. Axiom was the first to win a NASA contract for building space station modules, and Gravitics would connect its spacecraft later this decade."We hope to be on multiple teams for the , not as the prime because we have zero interest in operations ...

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