Axiom in trouble?
The assembly sequence for Axiom’s space station while attached to ISS.
Click for original image.
A long article yesterday in Forbes described serious financial issues with the space station startup Axiom, problems so severe the company is laying off workers and has trouble meeting its payroll.
The problems have been accentuated by hiring too many people and the delays in building its modules for attachment to ISS.
The lack of fresh capital has exacerbated long-standing financial challenges that have grown alongside Axiom’s payroll, which earlier this year was nearly 1,000 employees. Sources familiar with the company’s operations told Forbes that cofounder and CEO Michael Suffredini, who spent 30 years at NASA, ran Axiom like a big government program instead of the resource-constrained startup it really was. His mandate to staff up to 800 workers by the end of 2022 led to mass hiring so detached from product development needs that new engineers often found themselves with nothing to do, these people said.
When Axiom was founded in 2016, it promised investors the first station module would be aloft in 2020.
That first module is presently not expected to launch until 2026, six years late. Its main structure is being built by Thales-Alenia in Europe, and work there has been much slower than expected, possibly because Axiom has been slow in providing the expected capital.
The article also describes in detail the financial loss Axiom has experienced in its manned private flights to ISS, where it hires SpaceX to provide the rocket and capsule. The costs have been higher than expected, made worse by requirements and charges imposed on it by NASA. As a result the company lost money on the first three flights, and expects the fourth this year to only break-even.
Whether Axiom will survive, based on this article, is very questionable. We will just have to wait and see however. All other indications suggest it is in a stronger position than at least one other commercial station, Blue Origin-led Orbital Reef, and matches well with Voyager Space’s Starlab. These of the three stations being built with NASA’s financial help.
The one station that might beat them all however remains the entirely private Vast Haven-1 station. It has taken no government money and yet expects to launch its first small module before any of the former stations, in the second half of 2026. and immediatley fly astronauts to it for a 30-day mission.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in the past two weeks has the mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuses to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
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The assembly sequence for Axiom’s space station while attached to ISS.
Click for original image.
A long article yesterday in Forbes described serious financial issues with the space station startup Axiom, problems so severe the company is laying off workers and has trouble meeting its payroll.
The problems have been accentuated by hiring too many people and the delays in building its modules for attachment to ISS.
The lack of fresh capital has exacerbated long-standing financial challenges that have grown alongside Axiom’s payroll, which earlier this year was nearly 1,000 employees. Sources familiar with the company’s operations told Forbes that cofounder and CEO Michael Suffredini, who spent 30 years at NASA, ran Axiom like a big government program instead of the resource-constrained startup it really was. His mandate to staff up to 800 workers by the end of 2022 led to mass hiring so detached from product development needs that new engineers often found themselves with nothing to do, these people said.
When Axiom was founded in 2016, it promised investors the first station module would be aloft in 2020.
That first module is presently not expected to launch until 2026, six years late. Its main structure is being built by Thales-Alenia in Europe, and work there has been much slower than expected, possibly because Axiom has been slow in providing the expected capital.
The article also describes in detail the financial loss Axiom has experienced in its manned private flights to ISS, where it hires SpaceX to provide the rocket and capsule. The costs have been higher than expected, made worse by requirements and charges imposed on it by NASA. As a result the company lost money on the first three flights, and expects the fourth this year to only break-even.
Whether Axiom will survive, based on this article, is very questionable. We will just have to wait and see however. All other indications suggest it is in a stronger position than at least one other commercial station, Blue Origin-led Orbital Reef, and matches well with Voyager Space’s Starlab. These of the three stations being built with NASA’s financial help.
The one station that might beat them all however remains the entirely private Vast Haven-1 station. It has taken no government money and yet expects to launch its first small module before any of the former stations, in the second half of 2026. and immediatley fly astronauts to it for a 30-day mission.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in the past two weeks has the mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuses to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
You can support me either by giving a one-time contribution or a regular subscription. There are five ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation:
5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
Outside of a rare few…space privatization amounts to a handful of billionaires with disposable income.
Anything besides that likely fails–sorry to burst your bubble
Hello Jeffrey,
And yet, almost all of the customers for Axiom missions after the first one have been sovereign customers — national governments. State space agencies of countries big enough to have space ambitions but not big enough to have their own human spaceflight capabilities. On Axiom 4, the passengers will be professional astronauts working for the space agencies of India, Hungary, and Poland.
Not sure if there are enough of them to support all these commercial stations, but whatever their numbers, they are more likely to be the majority of the market than billionaire tourists.