European SpaceX rival raises $160 million for reusable capsule to carry astronauts
European SpaceX rival raises $160 million for reusable capsule to carry astronauts

The Exploration Company (TEC) disclosed on Monday that it has secured $160 million in funding to accelerate the development of its capsule, which is intended to transport astronauts and cargo to space stations. The funding round was led by venture capital firms Balderton Capital and Plural, with...