Key facts
- French President Emmanuel Macron called on Europe to assert its ambition in crewed space flight.
- Hélène Huby's Exploration Company raised $450 million in its Series C funding round.
- The $450 million raised by Exploration Company is the largest Series C for a European space firm.
French President Emmanuel Macron has called on Europe to "assert its ambition" in crewed space flight, highlighting the continent's need to strengthen its position in the global space sector. This statement comes at a time when European space companies are seeking to grow and innovate.
Notably, French entrepreneur Hélène Huby's Exploration Company recently secured $450 million in its Series C funding round. This amount represents the largest Series C funding ever raised by a European space firm, underscoring investor confidence in the sector despite existing challenges.