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Exploration Company

DE

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.

commercialFounded 2021
Munich, Germany
www.exploration.space
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All verified mentions of this organization in source documents.

The Exploration Company acquired German additive manufacturing firm Thrustworks to expand its production capacity and unlock new commercial revenue streams.

RelationshipsGrowthFinancialValue 4.0Nov 20, 2025The Exploration Company Acquires German Additive Manufacturing Company

The acquisition is intended to strengthen The Exploration Company's supply chain resilience.

RelationshipsGeneralValue 2.0Nov 20, 2025The Exploration Company Acquires German Additive Manufacturing Company

The acquisition of Thrustworks enables The Exploration Company to develop new revenue streams.

RelationshipsFinancialValue 3.3Nov 20, 2025The Exploration Company Acquires German Additive Manufacturing Company

The Exploration Company successfully concluded an extensive wind-tunnel campaign focusing on Nyx’s Earth capsule behavior from subsonic to hypersonic conditions.

CapabilityGeneralValue 3.0Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company completed an initial test campaign of the Nyx spacecraft’s Micrometeoroid and Orbital Debris shield as of 13 November.

CapabilityPlanValue 3.5Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company has successfully tested the shielding for its Nyx spacecraft against micrometeoroid and orbital debris impacts.

CapabilityValue 4.0Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company is developing Nyx, a modular, multirole spacecraft expected to debut in 2028.

PlanCapabilityValue 4.0Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company and Thales Alenia Space are the only two recipients of Phase 1 contracts under the LEO Cargo Return Services initiative.

RelationshipsValue 4.2Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company is positioning itself for Phase 2 of ESA’s LEO Cargo Return Services initiative, which will be considered at the upcoming Ministerial Council meeting.

PlanValue 3.0Nov 14, 2025The Exploration Company Tests Nyx Micrometeoroid Shielding

The Exploration Company has a propulsion and production facility in Bordeaux, France, a mechanisms development site in Turin, and an in-orbit refueling kit development site in Luxembourg.

CapabilityGrowthValue 4.0Oct 30, 2025The Exploration Company Opens New HQ in Oberpfaffenhofen

The Exploration Company was selected for Phase 1 of the European Space Agency’s LEO Cargo Return Service initiative alongside Thales Alenia Space in May 2024.

RelationshipsPlanValue 4.0Oct 30, 2025The Exploration Company Opens New HQ in Oberpfaffenhofen

The Exploration Company closed a €150 million Series B funding round in November 2024.

FinancialGrowthValue 4.5Oct 30, 2025The Exploration Company Opens New HQ in Oberpfaffenhofen

The Exploration Company was founded in 2021 and is developing a modular, reusable spacecraft called Nyx for cargo transport to and from the International Space Station.

CapabilityPlanValue 4.2Oct 30, 2025The Exploration Company Opens New HQ in Oberpfaffenhofen

The Exploration Company has opened its new headquarters in Oberpfaffenhofen, Germany, with operations expected to begin in December.

GrowthPlanValue 3.0Oct 30, 2025The Exploration Company Opens New HQ in Oberpfaffenhofen

Options such as The Exploration Company’s Nyx spacecraft fall short of the 5,000-kilogram mass requirement, necessitating at least two flights.

CapabilityPlanValue 4.0Oct 6, 2025ESA to Procure ISS Cargo Service to Meet Common Cost Obligations

In May 2024, ESA announced Thales Alenia Space and The Exploration Company as recipients of Phase 1 development contracts for its LEO Cargo Return Service initiative.

RelationshipsPlanValue 4.0Oct 6, 2025ESA to Procure ISS Cargo Service to Meet Common Cost Obligations

The Nyx capsule is designed to launch for regular cargo missions by 2028 by The Exploration Company (TEC), a German company.

PlanGeneralValue 3.5Aug 30, 2025La nave Nyx supera la Fase 1 de la revisión de seguridad para volar en 2018 a la ISS

The Exploration Company is making the capsule accessible for astronauts with disabilities, aligning with ESA's Parastronaut project.

CapabilityRelationshipsValue 3.0Aug 30, 2025La nave Nyx supera la Fase 1 de la revisión de seguridad para volar en 2018 a la ISS

After passing Phase 1, The Exploration Company's subsystems teams are executing hardware tests in the testing facility and finalizing plans for the Phase 2 Safety Review in 2026.

PlanCapabilityGrowthValue 3.6Aug 30, 2025La nave Nyx supera la Fase 1 de la revisión de seguridad para volar en 2018 a la ISS

Hélène Huby, Co-Founder and CEO of The Exploration Company, expressed gratitude for the DLR's support for the German space industry with this contract.

RelationshipsValue 2.2Feb 20, 2025DLR will mit privater Raumkapsel Experimente im All ermöglichen
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