The Exploration Company (TEC) has secured $160 million to advance its reusable capsule, Nyx, designed for transporting astronauts and cargo to space stations. With increasing global demand for space travel, TEC aims to establish a European alternative to existing players like SpaceX, with plans for Nyx's second version to launch next year and a final version by 2028. The company has already signed $800 million in contracts, positioning itself as a key player in the growing space market.
