UK-based media company Space Entertainment Enterprise (S.E.E.) — which is developing multi-platform, space-based entertainment — has announced a new venture, dubbed SEE-1, the world’s first content and entertainment studios and multi-purpose arena in space.

The space station module will be built by Axiom Space, which has experience in human spaceflight services and human-rated space infrastructure.

SEE-1 is expected to launch in late 2024 and dock with the world’s first commercial space station, Axiom Station, while it’s connected to the International Space Station. The module will allow artists, producers and creatives to develop, produce, record and live-stream content maximizing the Space Station’s low-orbit microgravity environment for content including films, television, music and sports events.

In addition to S.E.E.-produced events, the space arena will also provide the venue and production infrastructure to host and film third-party content and events.

S.E.E is co-founded by media entrepreneurs and producers Elena and Dmitry Lesnevsky, who are producing Hollywood’s first-ever motion picture filmed in outer space. S.E.E.’s partners, consultants and advisors include senior industry figures like Mark Taffet, the former senior vice president of sports and pay-per-view at HBO, who is S.E.E.’s SVP of strategy; Richard Johnston, the former CEO of Endemol Shine UK, who serves as COO/CFO; and Remi Abayomi, the former vice president of technology at Viacom, who is S.E.E.’s CTO. Also involved is New York-based investment bank GH Partners.

The company is currently in discussions with investors and commercial partners on the project, with an additional fundraising round planned in the near future.

“SEE-1 is an incredible opportunity for humanity to move into a different realm and start an exciting new chapter in space,” said co-founders and co-CEOs Dmitry and Elena Lesnevsky in a release. “It will provide a unique, and accessible home for boundless entertainment possibilities in a venue packed with innovative infrastructure which will unleash a new world of creativity. With worldwide leader Axiom Space building this cutting-edge, revolutionary facility, SEE-1 will provide not only the first, but also the supreme quality space structure enabling the expansion of the two trillion-dollar global entertainment industry into low-Earth orbit.”