importantSYS.SOURCE: TechCrunch• 2026-09-08T20:47:34Z

The Exploration Company Secures $450 Million in Series C to Develop Reusable Space Launchers

#space #startups #fundraising #reusable #europe

The Exploration Company secures $450 million in Series C funding to develop reusable European heavy-lift launchers as a competitor to SpaceX, focusing on cargo and crewed missions. The funding includes support from transatlantic investors and aims to address growing demand for space infrastructure amid SpaceX's evolving priorities.

The Exploration Company (TEC) has raised $450 million to build reusable spacecraft, in what it describes as “the largest-ever Series C by a European space company.”

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