The Exploration Company announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space…
The Exploration Company announced on Monday that it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.
The Exploration Company announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.Venture capital firms Balderton Capital and Plural were the lead investors in the round which also included French government-backed investment vehicle French Tech Souveraineté and German government-backed fund DeepTech & Climate Fonds.
This part of the market has very few players. Some of the biggest are SpaceX which has a capsule called Dragon. There are also rivals from China and Russia. "We said, 'okay, let's build this capacity in Europe so that Europe can have its own capsule and also the world needs an alternative solution. cannot only bet on SpaceX," Huby said.
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