The Exploration Company (TEC) raised $160 million from investors including Balderton Capital and Plural, as well as French and German government-backed funds, to develop its Nyx capsule for space travel. Nyx is a reusable capsule designed to transport astronauts and cargo to space stations, with CEO Hélène Huby citing a growing market for space travel due to increased demand from nations wanting to send people and cargo to stations. TEC aims to capitalize on this market growth by providing a reliable and efficient transportation solution for space missions.
Full Article
Deadly rain, landslides force mass evacuations in northern China | Climate News
Heavy rain in northern China has resulted in at least 30 fatalities and the evacuation of over 80,000 people, particularly in Beijing and its surrounding areas, with authorities issuing a second-highest rainstorm warning. President Xi Jinping has emphasized urgent disaster response efforts, and the government allocated 350 million yuan for relief efforts across affected regions. Want More Context? 🔎
Read more