All verified mentions of this organization in source documents.
Redwire entered into an eight-figure agreement with The Exploration Company during the fourth quarter of 2025 to provide two International Berthing and Docking Mechanisms to support autonomous rendezvous and docking for TEC’s Nyx spacecraft.
Fusion negotiations with the Franco-German company The Exploration Company reportedly failed after Orbex lost financial backing from the British National Wealth Fund.
The Exploration Company (TEC) began negotiating the acquisition of Orbex in December and those talks were frozen this week.
The Exploration Company is exploring locating some operations at RAF Spadeadam in Cumbria.
The Exploration Company’s Storm engine thrust specification of 250 tonnes is comparable to a SpaceX Raptor engine.
The Exploration Company’s high-thrust rocket engine, initially called Typhoon and subsequently renamed Storm, is designed to produce 250 tonnes of thrust.
The Exploration Company signed a letter of intent to purchase Orbex on 21 January.
The French space agency CNES provided early co-financing to The Exploration Company to begin developing the Storm high-thrust rocket engine.
The Exploration Company planned in December 2025 to market the Storm engine to companies that will be building heavy launchers in Europe.
A spokesperson for The Exploration Company linked the failure of its planned acquisition of Orbex to the UK government’s decision not to approve the transaction.
Orbex’s 11 February statement made no reference to The Exploration Company or to why the acquisition had fallen through.
The Exploration Company conducted splashdown tests of its reusable capsule Nyx with CNR-INM between January 13 and January 28, 2026 using a 135-kilogram, one-quarter-scale fiberglass mockup.
The Exploration Company is analyzing correlations between models and the Nyx splashdown test results to inform design improvements and to incorporate findings into future recovery acceptance criteria as part of Nyx certification preparations.
The Exploration Company is developing a reusable space capsule called Nyx that will initially be used to ferry cargo to and from low Earth orbit destinations.
The Exploration Company was founded in 2021.
The Exploration Company is exploring a crewed variant of Nyx and projects it could be operational as early as 2035 contingent on a political decision.
The Exploration Company completed a controlled splashdown test campaign of a subscale Nyx prototype on 5 February at the National Research Council’s Institute of Marine Engineering (CNR-INM) in Rome.
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.
The Exploration Company is building a reusable space capsule that will initially ferry cargo to the International Space Station.
Orbex and The Exploration Company signed a Letter of Intent and began negotiations regarding a potential purchase.