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Far Out: Start-up TEC Advertises Almost Half a Billion for Giant Rockets

Summary by Handelsblatt

A five-year-old company wants to build a giant rocket with a payload of up to 60 tons. Risk investors like the plan.

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Zeit Online

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Far Out: Start-up TEC Advertises Almost Half a Billion for Giant Rockets

Here you will find information on the topic "Going high." Read now "Start-up TEC advertises almost half a billion for giant rockets."

17 hours ago·Germany

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wz.de

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Start-up TEC Advertises Almost Half a Billion for Giant Rocket

A five-year-old company wants to build a giant rocket with a payload of up to 60 tons. Risk investors like the plan.

17 hours ago

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it-daily.net

Start-up TEC Collects Almost Half a Billion for Giant Rocket

The German-French start-up The Exploration Company (TEC) wants to have developed the launcher with a payload of up to 60 tons by 2033, as company head Hélène Huby said. For comparison: The current leader Ariane 6 can carry a little more than 20 tons. Huby called the target date himself "aggressive" and did not exclude delays. In total, TEC has thus secured 680 million dollars of financing, according to company figures.

4 hours ago

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