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

1 December 2025 at 12:40

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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Β© Michael Nagle/Bloomberg via Getty Images

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Β© Andy Wong/Associated Press

Chinese astronauts for the Shenzhou-20 mission attend a send-off ceremony for their manned space mission at the Jiuquan Satellite Launch Center in northwestern China earlier this year.
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