Europe may finally have found a space entrepreneur who is meeting the moment

But Huby’s bigger passion has always been human spaceflight, and her company has begun preliminary work on a crew spacecraft that could serve either the International Space Station or private space stations under development by US companies. Her work in this area could be rewarded in Europe, where there is growing frustration with the United States as a reliable partner in space and a desire to have independent access to orbit for European astronauts. The leader of the European Space Agency, Josef Aschbacher, said this week he hopes to receive a mandate from European leaders to develop this capability by the end of the year. The Exploration Company, which is already deep into the development of a cargo spacecraft, would instantly become one of the frontrunners in a competition to provide crewed service. Huby is cognizant of reality and recognizes there could be delays in these timelines. Money will always be an issue. The funding round announced this week is a down payment on development for a crewed spacecraft and a large rocket, but the cost of each of these programs will run into the billions of dollars. “The fundraise we have done right now is not sufficient to build the massive rocket we have in mind, so there will be another fundraise,” she said. “Right now, we’re going to be very, very focused on the execution. We must dock with the space station, with the capsule, as fast as possible. We must build this rocket engine and de-risk it as fast as possible. I think once one of these two milestones is achieved, we’ll be talking fundraise again.” Critics may look at Huby and her company and say that is a lot of big talk for a company that only has a single, partial success in spaceflight to its credit. And sure, it is. But that’s kind of the point. So much of the spaceflight community in Europe has been concerned with either the large aerospace primes seeking government handouts to protect their turf or small launch startups. There has been a stunning lack of big, visionary thinking. Few people on the continent seem to recognize that multibillion investments by US companies such as SpaceX, Blue Origin, and Amazon in space, and their many imitators in China, are radically transforming spaceflight. As the world changes, Huby does not seem willing to stand on the sidelines in Europe and bemoan capitalism in space. Rather, she seems to be saying it is not too late for Europe to seize the day. “We need to have European politicians who are ambitious,” she said. “Entrepreneurs cannot do this alone. We need to be backed by the politicians and by the European Space Agency. But we have to start by achieving the crazy targets that we’ve set up for ourselves. That will give trust to others to believe in what we’re doing.”