The Exploration Company raises $450M in record European space Series C

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The Exploration Company (TEC) has secured $450 million in a Series C funding round to develop reusable spacecraft. The company claims this is the largest Series C funding round ever raised by a European space company. TEC aims to use the capital to build and scale its reusable spacecraft technology. The fundraise positions the company as a significant competitor in the commercial space sector, taking on established players like SpaceX.

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TechnologyThe Verge ·

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