The Exploration Company (TEC) has raised $450 million in what it calls the largest-ever Series C by a European space company, aiming to build reusable spacecraft and challenge SpaceX's dominance. The funding signals growing European ambition in the commercial space launch sector.
Background
The Exploration Company is a European aerospace startup focused on developing reusable launch vehicles. SpaceX currently dominates the commercial reusable rocket market with its Falcon 9 and Starship programs.
- Source
- TechCrunch
- Published
- Sep 9, 2026 at 04:47 AM
- Score
- 7.0 / 10