Verified Nov 2026
Electronics & Software
·
Gauting, Bavaria
·
Since 2021
The Exploration Company is a German aerospace company headquartered in Gauting, Bavaria, and founded in 2021. It employs an estimated 500 to 1,000 people and reports an estimated revenue band of $100 to $250 million. The company develops modular, reusable spacecraft, with its Nyx vehicle family designed for cargo delivery and in-orbit missions. Its work serves aerospace, automotive, electric-vehicle, industrial-equipment, and plumbing-hardware sectors. In September 2026, it secured a $450 million Series C round and was awarded a European Space Agency service contract for the Nyx vehicle under the ALADDIN cargo capsule project.
The Exploration Company at a glance
Revenue
$100-250M
Est. band
Employees
500-1,000
Founded
2021
Headquarters
Gauting, Bavaria
Industries
Automotive
Electric Vehicles
Plumbing & Hardware
Industrial Equipment
Aerospace
Overview
The Exploration Company is a German aerospace company headquartered in Gauting, Bavaria, and founded in 2021. It employs an estimated 500 to 1,000 people and reports an estimated revenue band of $100 to $250 million. The company develops modular, reusable spacecraft, with its Nyx vehicle family designed for cargo delivery and in-orbit missions. Its work serves aerospace, automotive, electric-vehicle, industrial-equipment, and plumbing-hardware sectors. In September 2026, it secured a $450 million Series C round and was awarded a European Space Agency service contract for the Nyx vehicle under the ALADDIN cargo capsule project.
At a glance
Attribute | Detail |
|---|---|
Founded | 2021 |
Headquarters | Gauting, Bavaria |
Employees | 500-1,000 |
Revenue | $100-250M (estimated) |
Primary capability | Electronics & Software |
What The Exploration Company makes
Its listed product areas include LED and coating technologies, and it operates a facility in Oberpfaffenhofen, Germany, alongside its Nyx spacecraft development.
Products and capabilities described on the company's own site include LED, Coating (source: exploration.space).
Latest developments
2026-09-10 — The Exploration Company Wins European Space Agency’s ‘ALADDIN’ Cargo Capsule Contract (exploration.space)
2026-09-10 — ESA - ESA signs service contract with The Exploration Company for its Nyx vehicle under ‘ALADDIN’, the European autonomous cargo capsule project (esa.int)
2026-09-08 — The Exploration Company (TEC) secures $450 million in the largest-ever Series C by a European space company (exploration.space)
2026-07-08 — Strengthening our U.S. footprint: The Exploration Company Opens Houston Rapid Innovation Lab; Launches TEC Federal (exploration.space)
2026-06-30 — The Exploration Company acquires European Astrotech, scaling execution capabilities across the space sector (exploration.space)
2026-03-24 — TEC partners with LEAP71 to speed up next-generation rocket engine design with computational engineering capabilities (exploration.space)
Facilities
The Exploration Company is headquartered in Gauting, Bavaria. Public sources also reference these locations:
Oberpfaffenhofen, Germany — europeanspaceflight.com
Company details
The company is privately held, and the record reports no named customers or industry certifications. The Exploration Company was founded in 2021, has an estimated 500-1,000 employees, and is headquartered in Gauting, Bavaria.
Frequently asked questions
What does The Exploration Company make?
The Exploration Company is a German aerospace company headquartered in Gauting, Bavaria, and founded in 2021. It employs an estimated 500 to 1,000 people and reports an estimated revenue band of $100 to $250 million. The company develops modular, reusable spacecraft, with its Nyx vehicle family designed for cargo delivery and in-orbit missions. Its work serves aerospace, automotive, electric-vehicle, industrial-equipment, and plumbing-hardware sectors. In September 2026, it secured a $450 million Series C round and was awarded a European Space Agency service contract for the Nyx vehicle under the ALADDIN cargo capsule project.
Where is The Exploration Company headquartered?
The Exploration Company is headquartered in Gauting, Bavaria (502 Galileostrasse, Gauting, Bavaria, 82131).
When was The Exploration Company founded?
The Exploration Company was founded in 2021.
How big is The Exploration Company?
The Exploration Company has an estimated 500-1,000 employees, with revenue in the $100-250M range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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