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This project was previously called Ixion, but they have dropped that name, and will now call the first station Independence-1.
They have a contract with NASA for the initial development, and hope to convince the agency to pay them to next build a full-size test prototype. The video at the link to me was exceedingly unconvincing however. It shows a robot beginning the process of refurbishing a used upper stage while in orbit, and simplifies the process to an almost ludicrous degree. While I surely believe it can be done, it will not be simple. The difficulties should not be dismissed.