The Exploration Company (TEC) is a Franco-German spacecraft manufacturer founded in 2021 with the mission to democratize space exploration. They are developing, manufacturing, and operating the Nyx space capsule, a modular and reusable orbital vehicle designed for cargo transport to destinations like the ISS and future commercial space stations, with future capabilities for human transport and lunar missions. TEC aims to provide affordable and sustainable space transportation services and has secured contracts with major players like ESA and NASA. Key words: Space capsule, reusable spacecraft, cargo transport, space logistics, Nyx, ESA, NASA.
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The Exploration Company is focused on completing an initial test flight of Nyx to the International Space Station in 2028 under the European Space Agency’s LEO Cargo Return Services programme.
Orbex entered a negotiation process to pursue a buyer after signing the letter of intent with The Exploration Company.
Employees were told that talks between Orbex and The Exploration Company began in December 2025, according to a source who spoke to European Spaceflight.
Orbex has signed a letter of intent to sell its business to The Exploration Company.
The Exploration Company is building a reusable space capsule that will initially ferry cargo to the International Space Station.
Orbex entered into talks to sell the rest of its operations to European space logistics startup The Exploration Company on 21 January.
Orbex and The Exploration Company signed a Letter of Intent and began negotiations regarding a potential purchase.
The Exploration Company considers Orbex and The Exploration Company to be complementary businesses.
The Exploration Company is working closely with the UK government to ensure that a combined business reinforces the UK’s launcher roadmap.
The Exploration Company is developing a high-thrust reusable rocket engine called Typhoon under a CNES-financed project.
The Exploration Company has raised €225 million since its founding in 2021.
In May 2024, ESA awarded Phase 1 contracts to The Exploration Company and Thales Alenia Space.
In May 2024, ESA awarded Phase 1 contracts to The Exploration Company and Thales Alenia Space Italia for the LEO Cargo Return Services initiative.
Redwire signed a contract to provide two docking systems for the reusable capsule 'Nyx' being developed by Exploration Company.
Redwire announced on November 18 the award of an eight-figure contract with The Exploration Company for the supply of two IBDM.
The German company The Exploration Company awarded Redwire a contract to provide two International Berthing and Docking Mechanisms (IBDM) for its Nyx cargo spacecraft.
The contract with The Exploration Company is Redwire's second IBDM contract obtained in 2025.
The Exploration Company has reached an agreement with Redwire for the delivery of two International Docking System Standard (IDSS) compliant docking systems for TEC's flagship spacecraft, Nyx.
Najwa Naimy is the Chief Program Officer at The Exploration Company.
The Exploration Company has awarded Redwire a contract to provide two International Berthing and Docking Mechanisms for its Nyx cargo spacecraft.