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.
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In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
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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.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
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.