Saudi investors of Aljazira and consortium invested $350 million in US firm
Saudi investment firm Aljazira Capital and a consortium has acquired stake in Axiom Space, a US firm for $350 million.
Founded in 2016, Axiom Space has completed the first private mission to the International Space Station and it is also currently building the first commercial space station. It is led by Michael Suffredini, who served as NASA's International Space Station Program Manager from 2005 to 2015. (Founded in 2008 and based in Riyadh Saudi Arabia, Aljazira Capital is a financial investment firm that invests regionally in startups like Floward and Tarabut and internationally)
Aljazira Capital is listed in the Middle East Investors Directory with the code AU85.
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