Europe May Finally Have Found a Space Entrepreneur Who Is Meeting the Moment

All of a sudden, French entrepreneur Hèlene Huby is seemingly everywhere.

This week she is serving as one of two envoys, alongside astronaut Thomas Pesquet, at a high-profile International Space Summit convened by French President Emmanuel Macron. The government’s website for the event describes her as chief executive of “the fastest-growing space company in Europe.”

Also this week, that firm, The Exploration Company, announced a significant capital raise of $450 million in Series C funding. Although not spectacular by the standards of some US space businesses, this is the largest-ever Series C funding round by a Europe-based space company, and likely the largest funding round ever raised by a female-led company in Europe.

And Huby has arrived on center stage in the European space community at a time when there are increasingly urgent questions about the ability of the continent to navigate a future in space as commercial startups in the United States and China race ahead.