The Exploration Company raises $160M to build Europe's answer to SpaceX Dragon | TechCrunch
Briefly

"We are the first company in the world where this is for the first time mainly funded by private investors," Huby said, contrasting with SpaceX's government-funded model.
"We've been able to deliver on promises in the past three years," Huby noted, emphasizing the company's consistent track record of meeting financial and operational targets for investors.
The European Space Agency has recognized a need for native space launch capabilities, awarding The Exploration Company a €25 million contract for developing cargo return services.
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