All of a sudden, French entrepreneur Hèlene Huby is seemingly everywhere.

This week she is serving as one of two envoys, alongside astronaut Thomas Pesquet, at a high-profile International Space Summit convened by French President Emmanuel Macron. The government's website for the event describes her as chief executive of "the fastest-growing space company in Europe."

Also this week, that firm, The Exploration Company, announced a significant capital raise of $450 million in Series C funding. Although not spectacular by the standards of some US space businesses, this is the largest-ever Series C funding round by a Europe-based space company, and likely the largest funding round ever raised by a female-led company in Europe.

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© Matthias Balk/picture alliance via Getty Images

All of a sudden, French entrepreneur Hèlene Huby is seemingly everywhere.

This week she is serving as one of two envoys, alongside astronaut Thomas Pesquet, at a high-profile International Space Summit convened by French President Emmanuel Macron. The government's website for the event describes her as chief executive of "the fastest-growing space company in Europe."

Also this week, that firm, The Exploration Company, announced a significant capital raise of $450 million in Series C funding. Although not spectacular by the standards of some US space businesses, this is the largest-ever Series C funding round by a Europe-based space company, and likely the largest funding round ever raised by a female-led company in Europe.

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© Matthias Balk/picture alliance via Getty Images

The Exploration Company (TEC) has raised $450 million to build reusable spacecraft, in what it describes as “the largest-ever Series C by a European space company.”

NASA breathed a deep sigh of relief six years ago when SpaceX launched two astronauts, Doug Hurley and Bob Behnken, on a successful mission to the International Space Station. With the safe landing of Crew Dragon, the US space agency broke a nearly decade-long gap in its ability to put humans into orbit.

Through its Commercial Crew program and multibillion-dollar contracts awarded in 2014, NASA had hoped to foster two providers of low-Earth orbit transportation, SpaceX and Boeing. However Boeing has yet to complete a successful crewed test flight—a perilous 2024 test flight by Boeing's Starliner was later declared a Type A mishap—and probably won't fly another crewed mission before 2028.

With the International Space Station slated for retirement in the early 2030s, NASA is partnering with several US companies to develop private space stations. As part of that effort, the private companies will have to work with NASA to determine how they will transport astronauts to and from their space stations, some of which could launch as soon as 2030.

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© SpaceX

The Exploration Company performed a drop test of the Nyx spacecraft it is developing to transport cargo to low Earth orbit ahead of a 2028 test flight.

The post The Exploration Company completes drop test of Nyx capsule appeared first on SpaceNews.