Space CEO explains why he believes private space stations are a viable business

It’s a critical time for companies competing to develop a commercial successor to the International Space Station. NASA is working with several companies, including Axiom Space, Voyager Technologies, Blue Origin, and Vast, to develop concepts for private stations where it can lease time for its astronauts.

The space agency awarded Phase One contracts several years ago and is now in the final stages of writing requirements for Phase Two after asking for feedback from industry partners in September. This program is known as Commercial LEO Destinations, or CLDs in industry parlance.

Time is running out for NASA if it wants to establish continuity from the International Space Station, which will reach its end of life in 2030, with a follow-on station ready to go before then.

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