- Two companies from the USA provide cargo delivery to the ISS - Exploration operates in the markets of Germany, France and Italy - The company aims to change the ISS cargo delivery market - Exploration wants to develop a reusable space capsule - It will be the first reusable capsule for EU companies - The funds will be used to develop the new Nyx spacecraft - The spacecraft will be able to carry 3,000 kilograms of cargo to and from the ISS - The first Nyx flight to and from the ISS is scheduled for 2028 - Exploration is funded primarily by private investors - This distinguishes it from SpaceX, where funding comes from NASA - Balderton Capital, Plural and others have provided new investments - 90% of the $770 million in contracts were also from the private sector - The company's clients included Vast, Axiom Space and Starlab