LA PLATA, Maryland — Orbital cargo supply capsule provider The Exploration Company (TEC) raised 150 million euros ($158 million) in what appears to be the largest-ever European Series B round in space technology.
The French-German TEC was able to secure backing from both French and German sovereign investment funds, the first time the two have invested in the same company.
The Exploration Company has now raised some 216 million euros since its founding in 2021. It notably won a contract from the 22-nation European . . .
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