Tag: The Exploration Company

European cargo capsule startup raises $160 million in private investment capital

8:56 am

The Exploration Company's proposed Nyx cargo capsule
Artist rendition of the proposed Nyx cargo capsule,
taken from The Exploration Company’s website

The French cargo capsule startup The Exploration Company (TEC} announced today that it has raised an additional $160 million in private investment capital, bringing the total raised by the company to $230 million.

Venture capital firms Balderton Capital and Plural were the lead investors in the round which also included French government-backed investment vehicle French Tech Souveraineté and German government-backed fund DeepTech & Climate Fonds.

TEC’s core product is Nyx, a capsule that can be launched from rockets into space carrying passengers and cargo. Nyx is reusable so once it has dropped its payload, it can re-enter the Earth’s atmosphere and be used for the next mission.

The company hopes to do its initial test flight of Nyx in 2028. It flew a demonstrator prototype on the first Ariane-6 launch in July 2024, but was unable to test that prototype’s re-entry capabilities (its prime mission) because of a failure in Ariane-6’s upper stage. It hopes to fly a second demonstrator in 2025 on a Falcon 9.

At the moment company officials say they already signed $800 million in cargo contracts, 90% of which are with the commercial space station companies Axiom Space, Vast, and Starlab. The rest are government contracts.

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French startup gets another space station cargo contract

9:02 am

The French startup The Exploration Company has gotten its fourth contract for its proposed Nyx unmanned reusable cargo capsule, signing a deal with Vast to fly one freighter mission to its proposed second Haven station.

This startup, which has not yet flown anything, already had contracts to fly one cargo mission to ISS (a demo mission for the European Space Agency), one to Axiom’s space station, and three to Voyager Space’s Starlab station. This new contract means The Exploration Company already has a manifest of six missions.

These contracts pose a puzzle. Why is this startup getting all these deals, but not Northrop Grumman’s Cygnus or SpaceX’s Dragon capsules? Or have these two American companies signed deals without the same PR splash?

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Starlab space station signs cargo contract with French startup

8:42 am

The French startup, The Exploration Company, on May 28, 2024 signed a contract with the consortium of American and European companies building the Starlab space station to fly three cargo missions using its proposed reusable Nyx unmanned freighter.

The Exploration Company is developing its reusable Nyx spacecraft, which will initially ferry cargo to and from low Earth orbit. The company also plans to offer versions of the spacecraft for crewed spaceflight in low Earth orbit and missions to the surface of the Moon. Earlier this month, The Exploration Company was awarded an initial €25 million European Space Agency (ESA) contract to perform a demonstration mission to ferry cargo to and from the International Space Station (ISS) as part of the agency’s LEO Cargo Return Services initiative.

Starlab, first proposed by the American company Voyager Space, has a development contract with NASA. Its partnership includes Lockheed Martin, Northrop Grumman, Airbus, Mitsubishi, and MDA Space. It has also signed a similar deal with India’s space agency ISRO to use its Gaganyaan manned capsule, as well as another deal with SpaceX’s Starship.

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ESA awards contracts to two companies to build unmanned orbital freighters

10:02 am

The European Space Agency (ESA) today awarded contracts worth 25 million euros each to two European companies — the French startup The Exploration Company and the established Italian contractor Thales-Alenia — to begin development of their own unmanned freighters capable of bringing cargo to and from orbit.

During phase 1 development, the selected companies will mature the design of their respective vehicles, focusing on mission requirements, architectures, technology maturation, and de-risking activities. This phase of development is expected to run from June 2024 to June 2026.

Phase 2 of the initiative will see the companies develop and execute a demonstration mission that must be launched by the end of 2028. However, the commencement of Phase 2 will be subject to decisions and appropriations made at ESA’s next ministerial-level council meeting, which will take place in late 2025.

These contracts only cover phase 1. If successful, these capsules will compete with the cargo capsules that SpaceX, Northrop Grumman, and Sierra Space fly in providing supplies to the four commercial space stations presently being built.

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Update of the reusable cargo capsule by the French company, The Exploration Company

9:51 am

Link here. The article provides a detailed look at the development of the company’s second demonstrator capsule, dubbed Mission Possible, which it hopes to fly in an orbital test sometime in ’25.

Beforehand a smaller demonstrator capsule, dubbed Mission Bikini, will fly on the first launch of the Ariane-6, set for this summer.

Both demonstrators will lay the groundwork fo the launch of the company’s Nyx capsule, designed to provide freighter services to any one of the four private space stations presently being built.

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The payloads to be carried on the first Ariane-6 launch

8:58 am

With the first Ariane-6 rocket now being stacked for its first test flight sometime in the June-July timeframe, a European Space Agency (ESA) press release today touted the payloads the rocket will carry.

All told, the rocket will carry nine cubesats, two satellite deploy systems, two test re-entry capsules, and five experimental payloads. That only four are government payloads, with the rest from a variety of private companies, once again illustrates ESA’s shift from running everything. It is acting to encourage commercial operations that are establishing capabilities that it once would have demanded it do. Instead it will be the customer for these things in the future.

The two re-entry capsules might be the most interesting payloads of all. Both are private, from ArianeGroup and the French company The Exploration Company. The latter is developing its own Nyx cargo freighter, comparable to Northrop Grumman’s Cygnus capsule, aimed at providing cargo services to the many commercial space stations presently being built. This test flight is apparently designed to prove out some of the company’s re-entry technology.

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