The Exploration Company is the fastest growing space startup in Europe.

Its 40 million euro raise represented the biggest Series A on the continent by a space tech company ever.

Amazon selected it as a 2022 AWS space accelerator.

It's only two years old.

That market is going to grow very fast.

We are moving from around about 5 billion-ish market market per year and it will grow up to around

about 50 billion by 2040. The Exploration Company was founded by Elaine Ubi.

It is developing a capsule, Nix, after the mythological creator of the Cosmos, to carry

cargo and eventually humans to space. The startup is also homing in on a longstanding criticism

of the spaceflight industry, the impact of emissions.

On this episode, Ubi discusses flight plans, lunar exploration, and how the company is cracking the code on sustainable fuels.

I'm Morgan Brennan and this is manifest space.

So let's start with the exploration company. It's the fastest growing space startup in Europe. What are you doing?

Correct. We are building space capsule and basically our mission is that we bring cargo and then

humans the space station from the Earth we bring cargo and human back then we fly

again because our capsule can be reused.

We are first in the world to fly with green propulsion

and we are first in the world to fund such a capsule which is a big one.

It's similar than Dragon by private investment.

And you just mentioned Dragon. Is that your direct competitor? How big is this market do you think?

That market is going to grow very fast. We are moving from around about 5 billion-ish market

per year and it will grow up to around about 50 billion by 2040 if we include also

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