Tag: Kam Ghaffarian
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Quantum Space to Go Public in $1.2 Billion SPAC Deal Backed by Former NASA Chief Jim Bridenstine
Quantum Space has agreed to go public through a merger with special purpose acquisition company (SPAC) Inflection Point Acquisition Corp. VI in a transaction valuing the combined company at approximately $1.2 billion. The deal includes a $300 million private investment in public equity (PIPE) led by Inflection Point Asset Management and is expected to close…
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Former NASA Chief Bridenstine Named CEO of Quantum Space
Former NASA administrator Jim Bridenstine will become chief executive of Quantum Space, a company focused on in-orbit maneuverability and satellite servicing technologies. Bridenstine, who led NASA from 2018 to 2021, said the new role aligns with his background in national security and defense. “That’s where my background is, and where my heart is,” he said,…
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Axiom Space Secures $350 Million to Advance Commercial Space Station and Lunar Spacesuits
Axiom Space said on Thursday it had raised $350 million in new financing to support construction of a commercial space station intended to succeed the International Space Station (ISS) and to advance development of next-generation spacesuits for future U.S. lunar missions. The funding round was co-led by Type One Ventures and the Qatar Investment Authority,…
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Axiom wins NASA approval to attach commercial habitat to space station
Axiom Space says it plans to attach multiple commercial modules to the International Space Station beginning in the latter half of 2024. Credit: Axiom Space NASA has selected Axiom Space, a Houston-based startup partnering with Boeing and other aerospace contractors, to attach a commercial habitat to the International Space Station and begin constructing an orbiting…