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Exploration Company

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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 ESA commercial cargo program awarded contracts for initial studies to Thales Alenia Space and The Exploration Company on 2024-05-22, a little more than six months after ESA announced it would formally begin the program.

RelationshipsPlanValue 4.0May 24, 2024EU and ESA seek increased competitiveness of European space sector

Hélène Huby, chief executive of The Exploration Company, intends to fly to the space station in 2027 and has started work on the final spacecraft that is planned to undergo a preliminary design review this summer.

PlanGovernanceValue 3.5May 22, 2024ESA selects Thales Alenia Space and The Exploration Company for commercial cargo program

The Exploration Company raised $44,000,000 in a Series A financing round in early 2023.

FinancialGrowthValue 4.0May 22, 2024ESA selects Thales Alenia Space and The Exploration Company for commercial cargo program

The Exploration Company is a startup developing spacecraft to transport cargo to and from Earth orbit and cislunar space.

CapabilityValue 3.5May 22, 2024ESA selects Thales Alenia Space and The Exploration Company for commercial cargo program

The European Space Agency awarded study contracts worth about 25,000,000 EUR each to Thales Alenia Space and The Exploration Company on 2024-05-22.

RelationshipsFinancialValue 4.6May 22, 2024ESA selects Thales Alenia Space and The Exploration Company for commercial cargo program

The Exploration Company opened a U.S. office led by Mark Kirasich, a former NASA official whose roles at the agency included being Orion program manager.

GovernanceValue 3.5May 22, 2024ESA selects Thales Alenia Space and The Exploration Company for commercial cargo program

Helene Huby is the CEO of The Exploration Company.

GovernanceValue 3.0May 15, 2024The Exploration Company hires U.S. Operations VP lead

Mark Kirasich is responsible for overseeing all aspects of The Exploration Company’s operations in the United States.

GovernanceValue 3.0May 15, 2024The Exploration Company hires U.S. Operations VP lead

The Exploration Company has appointed Mark Kirasich as the VP of U.S. Operations.

GovernanceValue 3.0May 15, 2024The Exploration Company hires U.S. Operations VP lead

Mark Kirasich held key leadership positions at NASA and Blue Origin prior to joining The Exploration Company.

GovernanceValue 2.5May 15, 2024The Exploration Company hires U.S. Operations VP lead

The Exploration Company completed a $40,500,000 Series A funding round in February 2023.

FinancialGrowthValue 4.2Feb 23, 2024The Exploration Company completes NYX-Moon spacecraft testing

In September 2023, The Exploration Company signed a cargo services pre-booking agreement with Axiom Space.

RelationshipsValue 4.2Feb 23, 2024The Exploration Company completes NYX-Moon spacecraft testing

The Exploration Company’s latest test campaign took place with cooperation and support from DLR-Institut für Raumfahrtantriebe, Centre National d’Études Spatiales (CNES), and the European Space Agency (ESA).

RelationshipsValue 3.6Feb 23, 2024The Exploration Company completes NYX-Moon spacecraft testing

The Exploration Company is a European commercial space company developing, manufacturing, and operating a reusable space capsule called Nyx.

CapabilityGeneralValue 3.0Feb 23, 2024The Exploration Company completes NYX-Moon spacecraft testing

The Exploration Company plans to fly a small reentry demonstrator later 2024.

PlanValue 3.0Jan 24, 2024ESA sees strong interest in commercial cargo program

The Exploration Company raised 40,500,000 EUR in February.

FinancialGrowthValue 4.0Jan 24, 2024ESA sees strong interest in commercial cargo program

The Exploration Company plans to develop commercial vehicles for transporting cargo to and from space.

PlanCapabilityValue 3.0Jan 24, 2024ESA sees strong interest in commercial cargo program

Orbit Fab plans to work with lunar exploration company ispace on propellant harvesting and delivery.

RelationshipsCapabilityPlanValue 4.0Dec 11, 2023Orbit Fab and ispace to collaborate on lunar propellant harvesting and delivery

The exploration company is raising 40.5 million euros in a Series A round to develop its vehicle Nyx for cargo transport to low Earth orbit.

FinancialCapabilityPlanValue 4.5Dec 4, 2023Europe’s tentative step towards human spaceflight

The Exploration Company raised 40,500,000 EUR in a Series A round in February and is developing a series of capsules with a goal of sending one to the ISS as soon as 2027.

FinancialPlanCapabilityGrowthValue 4.5Nov 6, 2023ESA to start commercial cargo program
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