Aerospacelab designs, manufactures and operates satellites. The company closed a €94 million financing package comprising a €56 million Series B and a €38 million commitment from a European financial institution. The Series B was executed in two tranches to accelerate its industrial roadmap and consolidate its position in the aerospace ecosystem, the company said. Aerospacelab is building a “Megafactory” in Marcinelle (Wallonia) to scale production; the site is described as one of Europe’s most advanced satellite production facilities. The Megafactory is planned to begin satellite production in 2026 and to reach a maximum manufacturing capacity of up to 500 satellites per year by 2027. CEO and founder Benoît Deper said the funding will enable the company to design, manufacture and deploy next-generation constellations at very large scale. Aerospacelab builds end-to-end satellite systems and sensors, handling design, manufacturing, testing and in-orbit operations. The company emphasizes “true sensor fusion,” the simultaneous tasking of different satellite assets (radar and optical) to provide richer geospatial intelligence. In 2021 it launched its first satellite, a 12-unit cubesat called Arthur, on SpaceX’s Transporter-2 mission. The firm plans to ramp up satellite production capacity, deploy multiple constellations for intra-daily Earth monitoring, and implement geospatial data fusion analytics capabilities. Aerospacelab has secured strategic backing from investors and space-industry organizations as it scales its industrial and technological roadmap. Financially, the company has raised funding rounds since its 2018 founding, including the latest Series B.

Total raised

$155M

Funding rounds

3

Latest round

Equity

Latest activity

Aug 2025