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European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space

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Summary
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74% Informative

The Exploration Company ( TEC ) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.

The company's core product is Nyx , a reusable capsule that can be launched from rockets into space carrying passengers and cargo.

TEC is currently developing the second version of Nyx which it expects to launch next year , followed by a final version in 2028 .

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81

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83

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79

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semi-formal

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English

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40

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not offensive

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not hateful

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short-lived

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