The Exploration Company Raises $160M from France, Germany for SpaceX Alternative, Plans Supersonic Flight

Funds backed by the governments of France and Germany are investing in The Exploration Company, a three-year-old startup focused on developing an alternative to Elon Musk’s Dragon space capsule. The company has successfully raised $160 million to advance reusable space vehicles for cargo and crew missions, marking a significant step in Europe’s efforts toward independent space exploration. Additionally, a new rocket startup has recently debuted with plans for supersonic flight, while another startup aims to build a next-generation Concorde, expected to achieve supersonic flight within weeks. Another venture has raised $44 million to facilitate the delivery of items from space to any location on Earth.