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The Exploration Company develops Nyx, a reusable spacecraft for transporting cargo to and from space stations.
Founded in 2021 and based in Munich, Germany, The Exploration Company develops Nyx, a modular, reusable spacecraft designed to carry cargo to and from low-Earth orbit and beyond. Its intended customers include government agencies and commercial space companies. In September 2026, it raised USD 450 million in Series C funding co-led by EQT, Bessemer Venture Partners and Atomico, with other investors including Balderton Capital, Red River West, Cherry Ventures, Plural, the European Space Agency and National Aeronautics, and Space Administration. The funding is for Nyx development and the Storm rocket engine.
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