
“We will not be relevant without a massive rocket at a massive cadence.”
All of a sudden, French entrepreneur Hèlene Huby is seemingly everywhere.
This week she is serving as one of two envoys, alongside astronaut Thomas Pesquet, at a high-profile International Space Summit convened by French President Emmanuel Macron. The government’s website for the event describes her as chief executive of “the fastest-growing space company in Europe.”
Also this week, that firm, The Exploration Company, announced a significant capital raise of $450 million in Series C funding. Although not spectacular by the standards of some US space businesses, this is the largest-ever Series C funding round by a Europe-based space company, and likely the largest funding round ever raised by a female-led company in Europe.Read full article
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Source: Ars Technica
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- Wire dispatch directly ingested from Ars Technica - All content.
- Published at Wed, 09 Sep 2026 20:27.
- Source URL: https://arstechnica.com/space/2026/09/as-europe-flounders-in-space-a-rising-french-star-may-show-the-way/