
With its modular and reusable orbital vehicle Nix, The Exploration Company aims to democratize access to space for European private actors.
Space is an expensive endeavour, traditionally reserved for governmental missions alone. Recently, a growing number of private actors have entered the scene. US and China have started a race to first exploit the resources of space. European players are lagging behind, struggling to realize highly relevant missions from wildfire detection to building space-based solar power plants.
That is why Hélène Huby, former Head of Innovation at Airbus Defence and Space, founded The Exploration Company, probably Europe’s most ambitious space startup. Her mission is to shape sustainable, scalable, and affordable space journeys made in Europe. While a commercial experiment in space usually takes three years to prepare and costs 100,000€ per kilogram, The Exploration Company can offer their services within six months, charging only 20,000€ for the same load. In addition, the company operates a space store that offers tech bricks for sale, with standardized and open interfaces to enable others to build on their platform.
This allows The Exploration Company to enable a vast variety of industries from Space, Agri-Biotech, Pharmaceutical to Chemical and Entertainment. For instance, stem cells grow faster and better in space, and space-based solar panels could solve the energy crisis once and forever.
Space is an expensive endeavour, traditionally reserved for governmental missions alone. Recently, a growing number of private actors have entered the scene. US and China have started a race to first exploit the resources of space. European players are lagging behind, struggling to realize highly relevant missions from wildfire detection to building space-based solar power plants.
That is why Hélène Huby, former Head of Innovation at Airbus Defence and Space, founded The Exploration Company, probably Europe’s most ambitious space startup. Her mission is to shape sustainable, scalable, and affordable space journeys made in Europe. While a commercial experiment in space usually takes three years to prepare and costs 100,000€ per kilogram, The Exploration Company can offer their services within six months, charging only 20,000€ for the same load. In addition, the company operates a space store that offers tech bricks for sale, with standardized and open interfaces to enable others to build on their platform.
This allows The Exploration Company to enable a vast variety of industries from Space, Agri-Biotech, Pharmaceutical to Chemical and Entertainment. For instance, stem cells grow faster and better in space, and space-based solar panels could solve the energy crisis once and forever.
Location: Germany, Bavaria, Argelsried
Total raised: $610.36M
Investors 6
Date | Name | Website |
- | Vsquared V... | vsquared.v... |
- | Expansion ... | expansion-... |
- | Stellar Ve... | svc.vc |
18.04.2023 | EQT Ventur... | eqtventure... |
01.05.2023 | Partech Pa... | partechpar... |
27.01.2022 | Cherry Ven... | cherry.vc |
Funding Rounds 3
Date | Series | Amount | Investors |
20.11.2024 | Series B | $160M | - |
07.02.2023 | Series A | $444.83M | Possible V... |
18.11.2021 | - | $5.53M | - |
Mentions in press and media 36
Date | Title | Description |
21.08.2025 | Hades Mining Revolutionizes Europe's Resource Independence | Hades Mining, a Munich-based deeptech firm, secured €5.5 million in pre-seed funding. Project A led the round. The company tackles Europe's severe dependency on imported energy and critical minerals. Hades develops revolutionary drilling an... |
20.08.2025 | Hades Mining emerges from stealth with €5.5M Pre-Seed funding | Munich-based deeptech mining company Hades Mining has emerged from stealth and announced today that it has raised a €5.5 million pre-seed round led by Project A. Europe's energy and critical mineral demand are surging – driven by AI, electr... |
20.08.2025 | FOMO? You should! This is Startupland! | Der Countdown läuft! Am 5. November findet im RheinEnergieStadion in Köln unsere zweite STARTUPLAND statt. Auf mehreren Bühnen gibt es auch dieses Jahr wieder einen Tag lang spannende Vorträge und Diskussionen, lehrreiche Interviews, inspir... |
30.07.2025 | If you live and breathe startups – STARTUPLAND is your event! | Der Countdown läuft! Am 5. November findet im RheinEnergieStadion in Köln unsere zweite STARTUPLAND statt. Auf mehreren Bühnen gibt es auch dieses Jahr wieder einen Tag lang spannende Vorträge und Diskussionen, lehrreiche Interviews, inspir... |
23.07.2025 | +++++ Paul’s Job +++ KIWI +++ Kapitalmangel +++ Unicorn +++ Studium +++ raisin +++ | Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Mittwoch, 23. Juli). #STARTUPLAND SAVE THE DATE: Am 5. November findet unsere zweite STARTUPLAND statt. Es e... |
22.07.2025 | Auf diese deutschen Startups setzt Omnes Capital | Der französische Investor Omnes Capital, dessen Wurzeln bis ins Jahr 1999 zurückreichen, blickt verstärkt nach Deutschland. “Wir sehen die Diversifizierung als zentralen Erfolgsfaktor, den wir bei Omnes Capital in mehreren Dimensionen durch... |
06.03.2025 | DeepL's Clarify: A New Era in AI-Powered Business Translations | In the fast-paced world of global business, communication is the lifeblood that fuels success. As companies expand across borders, the need for precise and nuanced translations has never been greater. Enter DeepL, a pioneer in language AI, ... |
27.02.2025 | Powering global change: Germany’s tech ecosystem | Germany's tech ecosystem is one of the strongest in Europe, with vibrant startup hubs in Berlin, Munich, and Hamburg. The country is a leader in deep tech, AI, fintech, and climate tech, with pioneering companies pushing the boundaries of i... |
09.12.2024 | November 2024's top 10 European tech deals you need to know about | According to the Tech.eu database, European tech companies raised €5.2 billion over the course of November 2024. This figure is 30 per cent higher than the previous month when European tech companies raised €4 billion. Compared to November ... |
20.11.2024 | The Exploration Company Raises $160 Million in Funding Only paid subscribers can comment on this post | The Exploration Company is a trailblazing enterprise committed to revolutionizing space travel through its modular and reusable spacecraft, purpose-built to address the dynamic needs of space stations. By embracing modularity, the company d... |
Show more