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Illustration: Aïda Amer/Axios

Axiom Space, a Houston-based developer of what would be the world's first commercial space station, raised $130 million in Series B funding led by C5 Capital.

Why it matters: Axiom represents what many believe is the future of space, whereby NASA becomes a customer everywhere in low-Earth orbit so that it can focus on the Moon, Mars and beyond.

  • Other investors include Declaration Partners, Moelis Dynasty Investments, The Venture Collective, Hemisphere Ventures and Starbridge VC.
  • More space bucks: SpaceX raised $850 million last week at around a $74 billion valuation last week, per CNBC. Axiom and SpaceX are working together on next January's planned tourism trip to the International Space Station.

The bottom line: "Axiom’s plan for its own space station would begin with the launch of a commercial module that would be hooked up to the International Space Station in the 2024 time frame. Additional modules would be added to Axiom’s complex during the years that follow. If the ISS is decommissioned in 2028, as planned, Axiom would detach its modules and operate them independently as a privately owned space station," Geekwire's Alan Boyle reports.

Go deeper

Miriam Kramer, author of Space
Feb 16, 2021 - Science

Biden takes Trump's lead in space

Illustration: Aïda Amer/Axios

The Biden administration is staying the course set out by the Trump administration when it comes to space, at least for now.

Why it matters: Administrations often abandon their predecessors' goals in favor of new ones when they come to power. That kind of "moonshot whiplash" can leave NASA stuck on Earth because it takes consistency between administrations to accomplish large exploration goals.

Biden explains justification for Syria strike in letter to Congress

Photo: Chris Kleponis/CNP/Bloomberg via Getty Images

President Biden told congressional leadership in a letter Saturday that this week's airstrike against facilities in Syria linked to Iranian-backed militia groups was consistent with the U.S. right to self-defense.

Why it matters: Some Democrats, including Sens. Tim Kaine (D-Va.) and Chris Murphy (D-Conn.) and Rep. Ro Khanna (D-Calif.), have criticized the Biden administration for the strike and demanded a briefing.

6 hours ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.