Charleroi, Belgium – August 26, 2025 – Aerospacelab, a leading European satellite manufacturer, proudly announces the closure of an extended Series B funding round totaling 94 million EUR (110 million USD) throughout a dual-tranche funding of 56 million EUR (66 million USD), alongside a 38 million EUR (44 million USD) commitment from a European Financial Institution. This Series B round has been strategically implemented to align with Aerospacelab’s ambitious industrial roadmap and solidify its position as a major force in the aerospace industry.
This substantial investment has served to propel Aeropacelab’s growth trajectory and fuel its products’ readiness, resulting in a fleet of ready-to-sell satellites to demanding customers active in a variety of industries (e.g. earth observation, telecom, etc). Additionally, it has been directed towards the full verticalization of all key subsystems, reinforcing its industrial autonomy and accelerating its product development.
“This Series B is more than just capital — it’s a strong endorsement of our vision to deliver and scale our manufacturing capabilities powering the next generation of constellations.
It reinforces our position at a pivotal moment: our products are mature and ready to deploy, our industrial infrastructure is scaling up for mass production, and we are prepared to meet rising global demand with speed and precision. We are ready for what’s next.”
Aerospacelab’s Megafactory, a cornerstone of its industrial strategy, has already benefited from the Series B funding, enabling the company to build one of the most advanced satellite production sites in Europe, with a manufacturing capacity of up to 500 satellites per year. The capital has also been instrumental in accelerating R&D, attracting top-tier engineering talent, and fully verticalizing subsystems — all of which directly enhance the reliability, performance, and delivery timelines for telecommunications customers and other commercial partners. Construction of the Megafactory began in 2024, with its first satellites’ production expected in 2026 and with a full production capacity to be reached by 2027.
Backed by a strong coalition of investors, including both returning and new partners, this round reflects the market’s growing confidence in Aerospacelab’s mission to drive innovation, speed, and performance through its vertically integrated technology stack.
About Aerospacelab
Founded in 2018, Aerospacelab is redefining the satellite manufacturing industry with its vertically integrated model and scalable constellation strategy. By combining rapid satellite production with hands-on operations, the company empowers governments, businesses, and organizations with reliable and efficient technologies that enable real-time insights to drive smarter decisions on Earth and power connectivity.
About XAnge
XAnge is a BCorp-certified early-stage investment fund managing €700 million, with offices in Paris, Berlin, and Brussels. The fund backs European founders who aim to transform daily life through technology, investing between €500,000 and €10 million from the seed stage onwards.
XAnge’s investment focus spans deeptech, health, fintech, SaaS, and e-commerce, with a portfolio including Lydia, Welcome to the Jungle, Believe, MrSpex, and Ledger. XAnge is the innovation-driven venture capital brand of the Siparex Group.
Media and interview inquiries: press@xange.vc
