Information on the Target
Founded in 2021 by former Airbus manager Hélène Huby, The Exploration Company (TEC) is at the forefront of revolutionizing space logistics. TEC is developing Nyx, a reusable spacecraft designed to meet the growing logistical needs of the space economy. Their vision is to make space logistics affordable, modular, and sustainable.
TEC has achieved significant milestones, including becoming the first European company to secure a Space Act Agreement with NASA. In 2024, TEC successfully entered a contract with the European Space Agency (ESA) to construct the first European spacecraft. The company conducted its inaugural flight of the Nyx capsule aboard the Ariane 6 and plans to launch the
Similar Deals
HV Capital, DTCP, Project A, Thiel Capital, ScaleUp Fonds Bayern, Omnes Capital, Airbus Ventures → Quantum Systems
2023
DeepTech & Climate Fonds
invested in
The Exploration Company
in 2024
in a Series B deal
Disclosed details
Transaction Size: $161M