Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #7

Axiom Space

Recipient: AXIOM SPACE INC; AXIOM SPACE, INC. · UEI WAXDQTVKGQE8

About $2.11 raised for every $1 obligated. 100% of it came through prime contracts.

Capital raised
$1.5B
Federal obligations, FY2020–FY2026
$693.7M
Raised per $1 obligated
2.1×
Latest valuation
$2.5B
Feb 2026 round (single-source report)

Obligations by fiscal year

$M
39.0 FY20 1.7 FY21 118.4 FY22 27.7 FY23 133.8 FY24 156.2 FY25 216.9 FY26

Prime contracts Other Transactions Subawards FY2027 so far: $12.5M (not in totals)

Contract mix

Prime contracts
$693.7M
Other Transactions
$0
Subawards
$0

Notes

Funding
Valuation low confidence

Cite this: Defense Tech Signals, "Capital vs. Contracts: Axiom Space," data as of 2026-11-08, https://data.defensetechsignals.com/c/axiom-space/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026). Obligations last refreshed 11/5/2026.