European aerospace startups raise fresh capital for reusable spacecraft, firefighting aircraft and lower-emissions propulsion
The Exploration Company has raised $450 million in a Series C, taking its total funding to about $680 million, while France’s Kepplair Evolution secured €6 million and Viraj Aero €4.5 million. The companies are advancing reusable space transportation, ATR 72-based aerial firefighting and steam-injection propulsion technology.