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German startup seeks funding for ambitious space plans

02:22

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September 26, 2025

As Europe seeks to expand its role in the fast-growing space economy, reusable space capsule Nyx could become a flagship initiative, with a multi-billion private and public investment.

Nyx is a reusable space capsule developed by The Exploration Company in Munich, aiming to revolutionize European space logistics. Starting in 2028, it will deliver cargo to stations like the ISS, with future plans to carry passengers. The company, founded four years ago, now employs 350 people across Germany, France, and Italy, and collaborates with major agencies like ESA and NASA.

As Europe seeks to expand its role in the fast-growing space economy—projected to grow 9% annually—Nyx could become a flagship initiative. With €35 billion in planned German investment and support from private and public sectors, Europe is positioning itself to increase its current 10% share of the global space market and inspire the next generation of space innovators.

 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.

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