French startup Exploration Company has so far obtained almost $800 million in contracts
The French startup The Exploration Company has so far obtained almost $800 million in contracts to provide cargo ferrying services to space stations using its Nyx unmanned freighter.
During a presentation at the International Space Station Research & Development Conference (ISSRDC), The Exploration Company’s chief commercial officer, Dana Baki, outlined the company’s progress since its founding. According to Baki, the company has raised $70 million in funding and grown to 130 employees across four countries. The headline figure was, however, the $770 million in contracts won, of which 10% came from space agencies and the other 90% from private space station providers Axiom Space, Vast, and Starlab.
This French company recognized early on that if all four space stations get built, they will all need regular cargo deliveries, and that SpaceX’s cargo Dragon and Northrop Grumman’s Cygnus would be hard pressed to fill the need. Thus the demand for its untested capsule. The contracts are likely contingency-based, meaning the stations are not committing any significant money until Nyx becomes operational.
One other interesting note: The only proposed station that did not offer Exploration a contract was Blue Origin’s Orbital Reef. Though one of Blue Origin’s partners is Sierra Space, which will provide cargo ferrying capacity with its Dream Chaser mini-shuttles, it seems signing up a redundant back up would be wise. Another partner, Boeing, is supposed to use Starliner to provide crew ferrying capability, with cargo an option, but that remains an unknown considering the problems with Starliner.
It is unlikely Blue Origin has signed a deal with SpaceX, and I have not seen any news that it signed a deal with Northrop. Thus, it has no known viable backup at the moment.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The French startup The Exploration Company has so far obtained almost $800 million in contracts to provide cargo ferrying services to space stations using its Nyx unmanned freighter.
During a presentation at the International Space Station Research & Development Conference (ISSRDC), The Exploration Company’s chief commercial officer, Dana Baki, outlined the company’s progress since its founding. According to Baki, the company has raised $70 million in funding and grown to 130 employees across four countries. The headline figure was, however, the $770 million in contracts won, of which 10% came from space agencies and the other 90% from private space station providers Axiom Space, Vast, and Starlab.
This French company recognized early on that if all four space stations get built, they will all need regular cargo deliveries, and that SpaceX’s cargo Dragon and Northrop Grumman’s Cygnus would be hard pressed to fill the need. Thus the demand for its untested capsule. The contracts are likely contingency-based, meaning the stations are not committing any significant money until Nyx becomes operational.
One other interesting note: The only proposed station that did not offer Exploration a contract was Blue Origin’s Orbital Reef. Though one of Blue Origin’s partners is Sierra Space, which will provide cargo ferrying capacity with its Dream Chaser mini-shuttles, it seems signing up a redundant back up would be wise. Another partner, Boeing, is supposed to use Starliner to provide crew ferrying capability, with cargo an option, but that remains an unknown considering the problems with Starliner.
It is unlikely Blue Origin has signed a deal with SpaceX, and I have not seen any news that it signed a deal with Northrop. Thus, it has no known viable backup at the moment.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Good for the Frogs. You might have to go as far back as Napoleon to find the French having stolen such a march on their competition.