The Exploration Company nabs $450 million to challenge SpaceX
SMRTR summary
European space company The Exploration Company raised $450 million, the largest-ever Series C by a European space firm, to build reusable spacecraft and challenge SpaceX's dominance. With over $2 billion in contracts booked, TEC plans to dock its reusable Nyx capsule with the International Space Station by November 2028.
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