SPACE/COSMOS
Europe's rival to Musk's SpaceX raises millions in new funding
The Exploration Company, the European rival of SpaceX, has achieved another milestone in funding to develop its space cargo capsule, Nyx. Government-backed funds from both Germany and France are among the major investors.
Founded in 2021, The Exploration Company (TEC) announced on Monday that it has raised $160m (€151.7m) in Series B funding, bringing its total funding to nearly $208m (€197m). The Germany-based spacecraft manufacturer is often considered the European rival to Elon Musk's SpaceX Dragon, a reusable capsule designed to transport cargo and humans to space.
The Series B funding round was led by venture capital firms Balderton Capital and Plural. French government-backed French Tech Souveraineté and German government-backed DeepTech & Climate Fonds were also major contributors. In February, TEC raised €40m (€38m) during its Series A funding round, co-led by EQT Ventures.
Plans to develop passenger and cargo transporter Nyx
The funds will primarily be used to further develop TEC's flagship product, Nyx, a reusable spacecraft similar to SpaceX's Dragon. Nyx is designed to transport passengers and cargo to and from the International Space Station (ISS) in low Earth orbit. The second version of Nyx is expected to be launched in 2025, with the first full mission scheduled for 2028.
Hélène Huby, co-founder and CEO of TEC, commented: "Over the past 12 months, we have hit major operational and financial milestones and signed significant service contracts with both space agencies and commercial clients. This new funding is the next step in scaling up our ambitions."
First privately funded reusable capsule
TEC is the first privately funded reusable space capsule capable of flying to space stations, she emphasised, unlike SpaceX's Dragon, which was largely funded by NASA.
In May, TEC secured a significant contract with the European Space Agency (ESA) for the Low Earth Orbit (LEO) Cargo Return Service. This agreement included an initial €25m (€24m) in funding, marking a critical achievement in the company's commercial progress and setting the stage for potential future collaborations with NASA.
The ESA launched a tender in December 2023 for space cargo transport services, aiming to bolster Europe's independence and competitiveness in post-ISS operations.
Expanding Market Opportunities
Huby expressed confidence in the growing market for space cargo services, which she estimates to be expanding at an annual growth rate of more than 10%. Currently, only two companies - SpaceX and Northrop Grumman - provide cargo services to and from the ISS, both of which are based in the United States. However, potential competition is emerging from China, India, and Russia.
The Exploration Company has already secured approximately $770m (€730m) in contract backlogs from private space station developers. In May, TEC signed an agreement with Starlab Space, a LEO commercial space station, for three pre-booked cargo transport missions. In September 2023, the company also reached a pre-booking agreement with Axiom Space, an American privately funded space infrastructure developer.
A Distinctive Approach
Huby highlighted Nyx's unique advantage in its ability to launch from space stations in different countries, unlike SpaceX's Dragon, which is specifically designed to launch on SpaceX rockets.
Speaking in an interview, she stated: "The world needs more competition, and TEC is building an alternative. We are very aware that we are late, that we are much smaller, etcetera, but we need to start."
With this ambitious funding round and a growing roster of contracts, TEC aims to become a key player in the global space transport market.
Chang’e-6 lunar samples reveal 2.83-billion-year-old basalt with depleted mantle source
Chinese Academy of Sciences Headquarters
The Moon has a global dichotomy, with its near and far sides having different geomorphology, topography, chemical composition, crustal thickness, and evidence of volcanism.
To better understand this dichotomy, Professor XU Yigang’s team from the Guangzhou Institute of Geochemistry of the Chinese Academy of Sciences investigated lunar soil samples from the far side South Pole-Aitken (SPA) Basin of the Moon returned by the Chang’e-6 mission.
Their work was published in Science on Nov. 15.
“The samples returned by Chang’e-6 provide a best opportunity to investigate the lunar global dichotomy,” said Professor XU.
Volcanic eruptions flooded parts of the surface with lava, producing rocks known as mare basalts, which are more common on the near side, where they cover ~30% of the surface compared to 2% of the far side. It is obvious that to investigate the lunar global dichotomy, samples from both the near and far sides are needed.
The Chang’e-6 lunar soils contain two types of mare basalts: low-Ti and very low-Ti (VLT). The predominant low-Ti basalt represents the local basalt unit around the landing site, whereas the VLT basalt possibly came from the unit to the east of the landing site (Figure 1B).
The high-precision Pb-Pb dating of Zr-bearing minerals and Rb-Sr dating of plagioclase and late-stage mesostasis of the low-Ti basalt yield consistent isochron ages of 2.83 Ga (Figure 2), indicating that “young magmatism also exits on the lunar far side,” according to the study.
Compared to the near side samples returned by the Apollo and Chang’e-5 missions, the Chang’e-6 low-Ti basalt has a low μ value and 87Sr/86Sr and a very high εNd value (Figure 3), suggesting a very depleted mantle source.
Crustal thickness has been suggested as a key factor in accounting for asymmetry in the abundance of volcanism between the lunar near side and far side. However, this model has been questioned since the SPA basin on the far side, which has an anomalously thin crust, appears deep and significantly underfilled by volcanism.
Based on the investigation of Chang’e-6 low-Ti basalt, XU’s team suggested that the composition of the mantle source is another important factor controlling the generation of lunar volcanic activity.
“Although the SPA basin has a thin crust, the depleted and refractory mantle source beneath the SPA basin hinders partial melting to a large degree,” said XU.
This work also provides an additional calibration point at 2.83 Ga for the lunar crater chronology and implies a constant impact flux after 2.83 Ga. This newly calibrated chronology model improves the age estimation tool based on crater statistics for both the Moon and other terrestrial bodies, and also has additional implications for the evolution of lunar impactors, potentially related with early planet migration in the early Solar System.
This work was financially supported by the Chinese Academy of Sciences and the lunar research program of GIGCAS.
Figure 2 The two types of basalts in Chang’e-6 soils and isochrons of the Chang’e-6 low-Ti basalt.
Figure 3 Initial Pb and Sr-Nd isotopes of lunar basalts.
Figure 3 Initial Pb and Sr-Nd isotopes of lunar basalts.
Figure 4 Incorporating the Chang’e-6 landing site into a lunar crater chronology model.
Figure 4 Incorporating the Chang’e-6 landing site into a lunar crater chronology model.
Credit
Image by GIGCAS
Journal
Science
Article Title
A sample of the Moon's far side retrieved by Chang'e-6 contains 2.83-billion-year-old basalt
Article Publication Date
15-Nov-2024
Chang’e-6 basalts offer insights on lunar farside volcanism
Basalt samples returned by the Chang’e-6 mission have revealed volcanic events on the lunar farside at 2.8 billion years ago (Ga) and 4.2 Ga, according to research conducted by Prof. LI Qiuli’s lab at the Institute of Geology and Geophysics of the Chinese Academy of Sciences. This work was recently published in Nature.
“Unraveling the volcanic history of the lunar farside is crucial for understanding the hemispheric dichotomy of the Moon,” said Prof. LI.
The asymmetry between the Moon’s nearside and farside—encompassing differences in basalt distribution, topography, crustal thickness, and thorium (Th) concentration—has long been a mystery. However, China’s Chang’e-6 mission—the first to return samples from the lunar farside—has created a unique opportunity to explore volcanic activity in this hemisphere, with the 1,935.3 g lunar soil sample it retrieved.
Led by Prof. LI, postdoctoral researcher ZHANG Qian conducted systematic radioisotope dating on 108 basalt fragments from this sample. Of these, 107 fragments revealed a consistent formation age of 2807 ± 3 million years ago (Ma), indicating the eruption age of local basalts at the Chang’e-6 landing site. Notably, this 2.8 Ga volcanic episode has not been observed in nearside samples.
The remaining fragment, of high-aluminum basalt and dating to 4203 ± 4 Ma, is thought to have originated from a cryptomare region south of the landing site. It is the oldest lunar basalt sample yet returned whose age has been precisely determined.
These data indicate that volcanic activity on the lunar farside persisted for at least 1.4 billion years, from 4.2 Ga to 2.8 Ga. Initial lead isotope analysis suggests that these basalts derive from distinct mantle sources: The 4.2 Ga basalt came from a KREEP-rich source, i.e., one with abundant potassium (K), rare earth elements (REE), and phosphorous (P), while the 2.8 Ga basalt came from a KREEP-poor source.
The close alignment between the 2.8 Ga basalt age and crater-counting estimates suggests that the cratering chronology model, established based on nearside observations, is also applicable to the lunar farside. The radioisotope ages of the Chang’e-6 basalts provide an essential calibration point for refining lunar crater-counting chronology, thus enhancing its accuracy, according to Prof. LI.
This research was conducted in collaboration with the National Astronomical Observatories, with samples provided by the China National Space Administration. Funding was provided by the National Natural Science Foundation of China, the Strategic Priority Research Program (Category B) of the Chinese Academy of Sciences, and the Key Research Program of the Institute of Geology and Geophysics, Chinese Academy of Sciences.
Journal
Nature
Article Title
Lunar farside volcanism 2.8 billion years ago from Chang’e-6 basalts
Article Publication Date
15-Nov-2024
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