Monday, November 18, 2024

 SPACE/COSMOS


Europe's rival to Musk's SpaceX raises millions in new funding

The NYX - a reusable spacecraft similar to SpaceX's Dragon
Copyright Taken from website of The Exploration Company
By Tina Teng
Published on 

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
Landing site of the Chang’e-6 mission on the Moon’s far side 

image: 

Fig. 1 Landing site of the Chang’e-6 mission on the Moon’s far side

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Credit: Image by GIGCAS




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 4 Incorporating the Chang’e-6 landing site into a lunar crater chronology model.

Credit

Image by GIGCAS

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