SpaceX Inspired: The Exploration Company Aims to Rival with a New European Cargo Vehicle
Funding Success for European Innovation
The Exploration Company, known for its operations in Germany, France, and Italy, has successfully closed a substantial funding round of $160 million. This investment will propel its mission to build a state-of-the-art reusable cargo vehicle that competes directly with SpaceX's Dragon.
Shaping Europe’s Space Future
While only two companies currently manage cargo delivery to the International Space Station, The Exploration Company aims to redefine this sector. With its innovative approach, it seeks to become the leader in European space technology.
This funding round signals a significant commitment towards advancing European participation in space exploration. By investing in reusable technologies, they plan to lower costs and increase accessibility to space.
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