Europe May Finally Have Found a Space Entrepreneur Who Is Meeting the Moment

French entrepreneur Helene Huby is emerging as one of Europe’s most ambitious space leaders, with The Exploration Company raising a record $450 million Series C as it develops the Nyx cargo capsule, a crewed spacecraft, and a reusable heavy-lift rocket. Huby argues Europe risks falling irrelevance without a much larger rocket flying at high cadence. Her company is targeting a 400,000-pound-thrust methane engine test by 2028 and an aggressive 2033 timeline for the launcher.