Space Startup Gravitics Lands $125 Million Deal to Build Modules for Private Space Station
Cnbc2 weeks ago
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Space Startup Gravitics Lands $125 Million Deal to Build Modules for Private Space Station

space
startup
Gravitics
Axiom
spacestation

Summary:

  • Gravitics secures a $125 million contract with Axiom Space to build modules for their upcoming private space station.

  • The company focuses on developing plug-and-play modules that can be launched on various rockets, offering flexibility and scalability.

  • Their largest module, StarMax, boasts the "largest interior volume in a standalone spacecraft."

  • Gravitics is actively testing prototypes and components, with plans to send components to the ISS for testing and launch a subscale spacecraft by 2026.

  • This deal fuels Gravitics' growth plans, including doubling their workforce and launching a new fundraising round.

Gravitics: Building the Future of Space Stations

Gravitics, a Washington-based startup, has secured a $125 million contract to contribute to Axiom Space's upcoming private space station. This deal marks a significant step for the company, which aims to become a leading manufacturer of private space station modules.

Gravitics' focus is on developing plug-and-play modules that can be launched on various rockets, providing flexibility and scalability for future space station construction. Their modules range in size from 3 meters to 8 meters in diameter, with the largest module, dubbed StarMax, boasting the "largest interior volume in a standalone spacecraft."

The company's commitment to hardware development is evident, with ongoing testing of propulsion systems and pressure-testing of module prototypes. Gravitics plans to send some of its components to the International Space Station (ISS) later this year for testing and aims to launch a subscale spacecraft by 2026.

This contract with Axiom represents a key milestone for Gravitics, fueling their growth plans, including doubling their workforce and launching a new fundraising round. The company is also actively pursuing other opportunities, including contracts with NASA and the Space Force, further solidifying their position in the burgeoning private space industry.

As the International Space Station (ISS) approaches the end of its lifespan, the private sector is stepping up to fill the gap, with companies like Axiom leading the charge in building and operating private space stations. Gravitics' involvement in this exciting new era of space exploration signifies their ambition to be at the forefront of the space station industry, providing essential building blocks for the future of humanity's presence in space.

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