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The Exploration Company raises $160M to build Europe’s answer to SpaceX Dragon


Only two companies currently provide cargo delivery to and from the International Space Station, and both are based in the United States. The Exploration

The Exploration Company, which operates out of Germany, France, and Italy, is looking to change that: It just closed a large funding round to further its mission of building Europe’s first reusable space capsule. The company, which was founded three years ago by aerospace engineers Hélène Huby, Sebastien Reichstat, and Pierre Vine, is aiming to conduct Nyx’s maiden flight to and from the ISS in 2028. The Series B also included participation from Bessemer Venture Partners, NGP Capital, and two sovereign European funds, French Tech Souveraineté and DeepTech & Climate Fonds.

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