{
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exploration company secures 160 million for nyx cargo spacecraft development

The Exploration Company has secured $160 million in a Series B funding round, led by Balderton Capital and Plural, to advance its Nyx cargo spacecraft for commercial space stations. The Nyx Earth can transport up to four tons of cargo to low Earth orbit, with plans to expand to cislunar space. The company has contracts with Axiom Space, Starlab Space, and Vast, and aims to redefine European leadership in space exploration.
SpaceNews
Euro Airbus Defence and Space GmbH Axiom Space Thales Alenia Space OHB SE FRA DEU David Thévenon Dana Baki Hélène Huby Show more
Technology & Innovation, News Article
09:28 18.11.2024

european company secures funding for reusable space capsule development

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.
CNBC
United States Dollar SpaceX Axiom Space USA RUS IND CHN Hélène Huby Show more
Technology & Innovation, News Article
19:00 17.11.2024
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