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Axiom Space is building the world's first commercial space station, replacing the ISS with private infrastructure for research, manufacturing, and tourism.
Axiom Space is a commercial space company founded in 2016 by former NASA ISS program manager Michael Suffredini, with a mission to build and operate the world's first private space station. The company is executing a phased strategy that begins with attaching commercial modules to the International Space Station before the ISS is retired, then operating as a standalone commercial station in orbit. Axiom has already launched private astronaut missions to the ISS, generating revenue from space tourism and research while building toward its permanent station. The company raised over $350M and has contracts with NASA, ESA, and commercial customers for astronaut training, microgravity research, and manufacturing capabilities in space. Axiom Space is also developing next-generation spacesuits for NASA's Artemis Moon program. As the ISS approaches its planned decommissioning in 2030, Axiom is positioned to be the primary successor commercial platform for scientific research, manufacturing of materials impossible to produce on Earth, and private human spaceflight.
Defense tech company building fastest unmanned hypersonic aircraft for US warfighter; raised $350M at $1B valuation in Apr 2026 led by Khosla Ventures; $500M+ total funding;
Hermeus is a Los Angeles-based defense tech company building autonomous hypersonic aircraft capable of flying five times the speed of sound. The company reached unicorn status in April 2026 after closing a $350 million round ($200M equity, $150M debt) led by Khosla Ventures, with participation from Founders Fund, In-Q-Tel, RTX Ventures, Cox Enterprises, and Destiny Tech100.
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