Exotrail ($58M) & Exploration Company ($43.6M) funding show rare Europe support for growth-stage space tech

by Peter B. de Selding

MOUNTAIN VIEW, California — Two recent funding rounds for European space companies at different stages of development suggest that European investors may be finally have an appetite for growth-stage investments.

Satellite propulsion, mission management and orbital transfer vehicle developer Exotrail, which has already built propulsion units for missions in orbit, raised $58 million in Series B funding. The round, announced Feb. 7, included private and government backed funds.

The week before, The Exploration Company of Germany and France, which is building cargo-carrying capsules to . . .

To view the entire article, become a subscriber!

You may also like