European SpaceX Rival Just Won a €760 Million Contract Days After Raising $450 Million to Build Its Own Rocket Engine
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BizTocEuropean SpaceX Rival Just Won a €760 Million Contract Days After Raising $450 Million to Build Its Own Rocket Engine
A five-year-old European startup just pulled off a double that no company on the continent has managed before, and the ambition behind it points directly at the rocket architecture SpaceX bet everything on with Starship.
Hélène Huby's start-up secures an order of up to 760 million euros – and wants to build Europe's first spaceship as well as the largest rocket. Thus, SpaceX gets competition from Elon Musk.
At the Space Summit in Paris, the European Space Agency signed its largest space transport contract with a Franco-German company. The Nyx capsule of The Exploration Company, under development, is now due to dock at the ISS by 2029, in a bet...
After €387 million raise, The Exploration Company wins ESA’s ‘ALADDIN’ cargo capsule contract worth €760 million
The Exploration Company (TEC), the European space company, has been awarded a service contract by the European Space Agency (ESA) worth €760 million to build and fly Europe’s first commercial cargo capsule to the International Space Station (ISS). The deal, signed at the International Space Summit in Paris, splits into €310 million for an initial […]
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