TEC raises $160M for reusable space capsule Nyx, backed by major investors for upcoming missions.

The Exploration Company (TEC) raised $160 million to develop its reusable Nyx capsule for astronaut and cargo transport to space stations. Lead investors include Balderton Capital, Plural, and government-backed French and German funds. TEC has secured $800 million in contracts, including missions with Starlab and Axiom Space, with plans to launch the second version of Nyx next year and a final version in 2028.

November 17, 2024
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