Washington-based startup Gravitics has signed a $125 million contract to expand Axiom Space's planned space station, the latest deal in the burgeoning private market for orbiting habitats.
Axiom is one of several companies building private space stations as NASA plans for the International Space Station to end its time in orbit.
Already, Axiom has modules of its space station being built by Italian aerospace contractor Thales Alenia.
The space station modules Gravitics is designing range from 3 meters (9 feet) to 8 meters (26 feet) in diameter.
Axiom was the first to win a NASA contract for building space station modules, and Gravitics would connect its spacecraft later this decade.
Persons:
Colin Doughan, Gravitics, Glenn, Doughan
Organizations:
CNBC, NASA, International, Thales Alenia
Locations:
Washington, Seattle