TEC raises $160 million from European investors for reusable space capsule

TEC raises $160 million from European investors for reusable space capsule

11/17/24, 6:12 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgbavaria
Money
$160 million
Type
partnership
The Exploration Company (TEC) has secured $160 million in funding from European investors to further develop Nyx, its reusable space capsule designed for carrying astronauts and cargo to space stations. The investment was led by venture capital firms Balderton Capital and Plural, along with French and German government-backed investment vehicles.

Company Info

Company
The Exploration Company
Location
bavaria, germany
Additional Info
We democratise space exploration, making it affordable, sustainable and open. For space & non-space industries. A global endeavour with European roots.

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