Boryung Corporation and Axiom Space have announced the formation of a joint venture, BRAX Space Corporation,  to leverage the unique strengths of both companies to advance the commercialization of low-Earth orbit (LEO) and push the boundaries of space exploration. As a result, both parties will jointly explore business opportunities related to the future Axiom Station. Furthermore, the collaboration will focus on various businesses, including research and development, new initiatives in the space industry, and joint production efforts

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