[7][8] In February 2023, the company announced a fundraising of 40 million euros to develop its Nyx capsule, successfully completed,[6] making it the largest series A in the space industry in Europe.

It aims to create small, medium, and heavy support vessels based on a common set of reusable, standardized modules.

[10] In October 2022, The Exploration Company was among the space firms selected to be financed by the France 2030 investment plan for its work on its liquid methane rocket engine.

[12] In September 2023, the company announced an agreement with Axiom Space for the cargo supply of its station in the form of a pre-contract subject to validation of technological milestones during the development of its spacecraft.

[16] Nyx's interfaces are open, and its operating system is open-source software, which contributes to other space exploration projects whose technologies can inter-operate.

Nyx and uses green propellants for altitude control and docking (high-test peroxide), as well as cryogenic bio-methane & oxygen for reaching lunar destinations.

[6][27] It was launched on the inaugural flight of Ariane 6 to validate the general profile of the capsule and thermal protection but it never reentered as the upper stage failed to deorbit.