HOUSTON, November 14, 2023 – Axiom Space is pleased to announce the appointment of Mike Lungariello as its new Chief Financial Officer. Bringing over two decades of financial expertise in the aerospace sector, Lungariello is set to play a pivotal role in shaping Axiom Space’s financial strategy and capital raising efforts.
"Mike's impressive track record in aerospace finance makes him the perfect addition to our executive team," said Michael Suffredini, CEO of Axiom Space. "His deep understanding of capital markets and strategic finance will be invaluable as Axiom Space forges the development of commercial space in low-Earth orbit (LEO) and beyond."
Before joining Axiom Space, Lungariello served as Executive Vice President and Chief Financial Officer of Quantum Space, a company renowned for its innovative approach to space infrastructure and services. At Quantum, he was instrumental in building spacecraft and data platforms catering to the needs of customers in Geosynchronous Equatorial Orbit (GEO) and cislunar space.
“I am excited to join the team at Axiom Space,” said Lungariello. “This company is at the forefront of the growing commercial space economy, and I look forward to working alongside the team as we continue to develop the business.”
Lungariello's rich career portfolio also includes his tenure as President, CEO, and Board Member of a commercial aircraft lessor and investor, where he led significant growth phases and capital-raising endeavors. He also served as CFO of the company.
Holding a Master of Business Administration from New York University Stern and a Bachelor of Science in Accounting from Manhattan College in New York, Lungariello is a seasoned executive with a comprehensive understanding of the financial dynamics in the aerospace industry.
Lungariello joins Axiom Space at a critical time of growth for both the company and the commercial space industry. His expertise will help build toward a future where nations and individuals have expanded access to the unique vantages of space for the advancement of civilization.
About Axiom Space
Axiom Space is building the world’s first commercial space station – Axiom Station. Serving as a cornerstone for sustained human presence in space, this next-generation orbital platform fosters groundbreaking innovation and research in microgravity, and cultivates the vibrant, global space economy of tomorrow. Today, driven by the vision of leading humanity's journey off planet, Axiom Space is the principal provider of commercial human spaceflight services to the International Space Station and developer of advanced spacesuits for the Moon and low-Earth orbit. Axiom Space is building era-defining space infrastructure that will empower our civilization to transcend Earth for the benefit of every human, everywhere.