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Boryung invests $60M in Axiom for R&D station in space

Seoul, South Korea-headquartered Boryung Co. Ltd. grabbed headlines in 2022 with its strategic redesign to move beyond drug development, announcing that it would invest $10 million in Axiom Space Inc. for a 0.4% stake in the U.S. commercial space station developer. The investment ramped up over the course of a year, with Boryung pouring a total of $60 million into Axiom Space over two financing rounds for a 2.7% stake. Axiom is set to build the world’s first commercial space station. ....

Soult Ukpyolsi , South Korea , Axiom Space Inc , Boryung Co , South Korea Headquartered Boryung , Axiom Space , Boryung Co Ltd , Axiom Space Inc , International Space Station , Care In Space ,

Humans In Space Challenge Seeks Startups and Researchers to Pioneer Human Life Beyond Earth

Applications for this exceptional competition are open until July 28 (11:59 PM US ET). Don t miss out on this incredible opportunity to be a part of the Humans In Space (HIS) Challenge, initiated by B ....

South Korea , South Korean , Space Expansion Program , Space Utilization Aurelia Institute , Amazon Web Services , Aurelia Institute , Boryung Corp , Humans In Space , Axiom Space , Humans In Space Challenge , Space Challenge , Amazon Web , Care In Space , Humans In Space Symposium ,