Astro Stack
PrivateUpdated Aug 31, 2026

The Exploration Company

Developer and prospective operator of the reusable Nyx cargo spacecraft and related in-space transportation systems.

Company website

European commercial-space company developing reusable cargo capsules for delivery to and return from low-Earth-orbit stations, plus propulsion systems including the Huracan and Typhoon engine programs.

Principal supply-chain role01 · Access & Transport

Launch, orbital transfer, reentry, and logistics systems that move payloads through and across space.

Principal supply-chain role01 · Access & Transport

European commercial-space company developing reusable cargo capsules for delivery to and return from low-Earth-orbit stations, plus propulsion systems including the Huracan and Typhoon engine programs.

Suppliers, customers & partners

Suppliers & service providers to The Exploration Company

CNESregulatory enabler / licensingTell me more

CNES provided a re-entry license for The Exploration Company’s Mission Possible re-entry demonstrator; The Exploration Company reports obtaining CNES re-entry licensing as part of enabling its re-entry and recovery development work.

Relationship research record
Arianespacelaunch servicesTell me more

Arianespace provided launch services to The Exploration Company for its Mission Bikini test spacecraft on the inaugural Ariane 6 flight in 2024.

Relationship research record
ThrustworkssupplierTell me more

Thrustworks, now part of The Exploration Company, supplies end-to-end additive-manufactured high-performance aerospace components (including niobium C103 thrust chambers and propulsion elements using LPBF, post-processing, and quality assurance) to support TEC's spacecraft, propulsion systems, and integrated space missions as of late 2025.

Relationship research record

The Exploration Company customers & supported companies

European Space Agency (ESA)customer / program participant · supplier / contract awardee2 connectionsTell me more

The Exploration Company is a selected contractor under ESA’s commercial cargo program (LEO Cargo Return) to advance Nyx cargo/return capabilities — ESA is funding/commissioning work from The Exploration Company to develop commercial cargo services to low Earth orbit.

Relationship research record

The Exploration Company (European commercial space startup) received an ESA contract award for study work on a commercial cargo capsule to transport cargo to/from ISS and commercial stations; direct contractor to ESA.

Relationship research record
Benchmark Space Systemssupplier (shipment record)Tell me more

Customs/shipping records show The Exploration Company as a named supplier to Benchmark Space Systems in import/export shipment data (indicates The Exploration Company supplied hardware or shipped items to Benchmark).

Relationship research record
Axiom SpacecustomerTell me more

The Exploration Company provides cargo transportation services to Axiom Space for its planned space station under a pre-contract agreement (subject to milestones), announced in 2023 with potential missions no earlier than Q4 2027.

Relationship research record
Starlab SpacecustomerTell me more

The Exploration Company provides cargo transportation services to Starlab Space for three pre-booked missions to the Starlab space station and return to Earth, under a cargo services agreement signed in 2024.

Relationship research record

The Exploration Company program partners

LEAP 71licensee / program partner · program partner3 connectionsTell me more

The Exploration Company licensed LEAP 71’s Noyron RP Large Computational Engineering Model under a five-year renewable agreement signed March 2026 for the design of next-generation rocket engines.

Relationship research record

LEAP 71 partnered with The Exploration Company to co‑create and validate a Computational Engineering Model (CEM) for rocket and orbital engines; LEAP 71 supplies its Noyron computational engineering system and generated designs to The Exploration Company for validation against real engine hardware and operations.

Relationship research record

The Exploration Company and LEAP 71 entered a partnership to co‑develop a physically and practically validated computational engineering model for rocket and orbital engines; The Exploration Company provides real engine programs and testbeds that help validate and enable LEAP 71's Computational Engineering Model.

Relationship research record
European Space Agency (ESA)customer / program partner · program partner / funder2 connectionsTell me more

ESA awarded The Exploration Company a study contract under its commercial cargo program; ESA acts as customer/funding agency enabling the startup to mature a cargo capsule concept.

Relationship research record

ESA awarded The Exploration Company a ~€25 million contract under its commercial cargo initiative (LEO Cargo Return), funding development work on Nyx and enabling the company’s cargo-to-ISS and commercial-station capability development.

Relationship research record
Spaceiummission user / host customer · strategic partner · 1 more roles3 connectionsTell me more

Spaceium and The Exploration Company agreed to use The Exploration Company's Nyx vehicle as a host for a Spaceium servicing module; Spaceium will provide in-space servicing/refueling infrastructure that will be hosted on Nyx (agreement reported with Nyx hosting planned in 2026).

Relationship research record

Spaceium and The Exploration Company announced a partnership for in-space servicing; Spaceium will work with The Exploration Company to develop servicing capabilities (docking/refueling and related services) that enable Nyx’s in-orbit servicing roles.

Relationship research record

The Exploration Company agreed to host Spaceium's servicing module on its Nyx vehicle/station host; The Exploration Company's Nyx will act as a host platform for Spaceium's in‑space servicing hardware (agreement / partnership reported publicly).

Relationship research record
Vastcustomer · strategic partner · 2 more roles4 connectionsTell me more

The Exploration Company supplies cargo services using its Nyx vehicle to Vast for its second Haven space station, with a signed agreement for a mission targeting 2028.

Relationship research record

The Exploration Company partners via MoU to provide Nyx cargo vehicle services for cargo transport to and from Haven-2 (announced 2024, operations as early as 2028).

Relationship research record

The Exploration Company will provide Nyx cargo services to Vast for Haven cargo needs; Vast announced a partnership to use Nyx as a cargo delivery solution supporting Haven operations and future station logistics.

Relationship research record

Vast contracted/partnered with The Exploration Company for Nyx cargo services supporting Vast's Haven stations; The Exploration Company will serve as a cargo-service provider to Vast while also being a commercial partner in station logistics (Vast supplies docking/mission opportunities and Exploration Company supplies transportation).

Relationship research record
Thales Alenia Spaceprogram partner / peer contractor · program level customer / collaborator2 connectionsTell me more

Thales Alenia Space is a fellow awardee under ESA’s commercial cargo program; ESA selected both Thales Alenia Space and The Exploration Company to advance concepts for cargo transport to/from the ISS and commercial stations — a program-level relationship where both companies advance complementary commercial cargo concepts funded by ESA.

Relationship research record

Under ESA’s commercial cargo awards both Thales Alenia Space and The Exploration Company were selected to develop cargo vehicle concepts; The Exploration Company will supply ESA-sponsored cargo/return concept work that sits alongside Thales Alenia Space’s program work and may interact on ESA commercial cargo objectives.

Relationship research record

Internalized capabilities

Orbexpotential acquirerTell me more

The Exploration Company (France) entered talks to acquire Orbex; the engagement represents a potential corporate/strategic transaction that would enable combined capabilities and affect Orbex’s business operations.

Relationship research record
Thrustworksacquired capability · acquired_by / parent company2 connectionsTell me more

The Exploration Company acquired Thrustworks GmbH in November 2025, integrating its additive manufacturing capabilities, facilities in North Rhine-Westphalia, and expertise in refractory metals (including niobium C103) to support TEC's full-stack space infrastructure development.

Relationship research record

The Exploration Company acquired Thrustworks, bringing Thrustworks' additive-manufacturing capabilities (including niobium C103 thrust-chamber printing and coating, post-processing and QA) into TEC as an internal capability and industrial footprint expansion in North Rhine-Westphalia. This acquisition is presented as integrating Thrustworks to scale TEC's manufacturing and supply-chain resilience.

Relationship research record

Government awards & missions

Bayern Kapitalseries-b-investorTell me more

Bayern Kapital participated in The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The Series B announcement explicitly lists Bayern Kapital as a participant.

investment organization
DeepTech & Climate Fondsseries-b-sovereign-investment-vehicleTell me more

DeepTech & Climate Fonds participated in The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The Bpifrance announcement lists DTCF as a Series B participant and characterizes it as a European sovereign fund participant.

investment organization
French Tech Souverainetéseries-b-sovereign-investment-vehicleTell me more

French Tech Souveraineté, managed by Bpifrance, invested in The Exploration Company's €150 million Series B. · Series B financing supporting Nyx development and commercialization.

The Bpifrance announcement identifies French Tech Souveraineté as a Series B participant and says Bpifrance manages the vehicle.

investment organization
NGP Capitalseries-b-investorTell me more

NGP Capital participated in The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The Series B announcement explicitly lists NGP Capital as a participant.

investment organization
Bessemer Venture Partnersseries-b-investorTell me more

Bessemer Venture Partners participated in The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The Series B announcement explicitly lists Bessemer Venture Partners as a participant.

investment organization
Pluralseries-b-co-lead-investorTell me more

Plural co-led The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The financing announcement identifies Plural as a co-lead investor.

investment organization
Balderton Capitalseries-b-co-lead-investorTell me more

Balderton Capital co-led The Exploration Company's €150 million Series B financing. · Series B financing supporting Nyx development and commercialization.

The financing announcement identifies Balderton as a co-lead investor.

investment organization
France 2030public-innovation-award-recipientTell me more

France 2030 selected The Exploration Company for its Huracan Engine project. · Huracan Engine project, a liquid-methane rocket-engine development effort.

The French government awardee presentation names The Exploration Company and its Huracan Engine project.

award program
NASAreimbursable-space-act-agreementTell me more

NASA and The Exploration Company entered a reimbursable umbrella agreement for NASA's SCIFLI imaging and data support during reusable-capsule flight tests. · Scientifically Calibrated In-Flight Imaging (SCIFLI) of reusable space-capsule flight tests, including spatial and/or multispectral imaging and data.

NASA's signed agreement names both parties and defines SCIFLI imaging support as its purpose.

government agency
International Space Stationtarget-destination-and-service-use-contextTell me more

The Exploration Company is developing Nyx under ESA's LCRS contract for cargo transport to and return from the International Space Station. · ESA LEO Cargo Return Service cargo demonstration and prospective operations.

ESA specifies the ISS as the cargo-return service's intended destination and return context.

mission context
European Space Agencycommercial-cargo-return-development-contractorTell me more

The European Space Agency awarded The Exploration Company a contract to develop a commercial low-Earth-orbit cargo-return service. · LEO Cargo Return Service (LCRS) Phase 1: development of a service capable of carrying cargo to and from the International Space Station and other LEO destinations.

ESA directly identifies The Exploration Company as one of the two industrial contractors selected for LCRS development.

government agency
German Space Agency at DLRanchor-customerTell me more

The German Space Agency at DLR selected The Exploration Company as an anchor customer supplier for microgravity research transportation on Nyx. · Transport of 160 kg of scientific experiments from German institutes on a Nyx Earth mission.

The company announced that DLR had chosen it as a partner and anchor customer for Nyx-based microgravity research.

government agency

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