The Exploration Company wins ESA ALADDIN contract
TEC secured a €760 million contract for cargo capsule missions, including a partnership with Arianespace using Ariane 6.
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Space transportation company developing reusable spacecraft and rocket engines
exploration.spaceLast updated
In short: The Exploration Company won €760 million in ESA contracts and raised a record $450 million financing round.
TEC secured a €760 million contract for cargo capsule missions, including a partnership with Arianespace using Ariane 6.
This Series C round will fund the Nyx capsule's orbital mission and accelerate development of the reusable Storm engine.
The site consolidates development and production for a fully European cargo capsule under one roof, with about 400 staff across Europe and ongoing recruitment.
The first European private capsule re-entered orbit successfully but lost communication at 26km altitude. An independent investigation team is reviewing the mission outcomes.
Hélène Huby's start-up secures an order worth up to 760 million euros - and aims to be next to Europe's first spaceship also the largest...
Between Tuesday, September 9 and Thursday, September 11, The Exploration Company announced record fundraising rounds and a historic contract. The start-up...
Das deutsch-französische Raumfahrt-Startup The Exploration Company hat von neuen und bestehenden Investoren frisches Geld erhalten.
New financing: Exploration Company wants to build Europe's largest rocket...
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