TEThe Exploration Company
Nyx reusable capsule, Storm rocket engine
European space company founded 2021. Develops Nyx, a reusable orbital capsule (4,000 kg to LEO, 3,000 kg return), and Storm, a high-thrust engine. Dual headquarters in Gauting, Germany and Le Haillan, France. Over 400 employees.
- €150M Series B (Nov 2024) led by Balderton Capital and Plural.
- $450M Series C (Sept 2026) led by Bessemer, Atomico and Scaleup Europe Fund.
- €760M ESA contract (Sept 2026) for Nyx demonstration to ISS plus two optional cargo missions.
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