Led by Founder and CEO Benoît Deper, Aerospacelab is slated to ramp up production of multiple satellite constellations and develop multi-sensor geospatial analytic solutions.

MONT-SAINT-GUIBERT, Belgium — Belgian satellite manufacturer Aerospacelab has accelerated its next stage of growth with a successful raise of €40 million [US $45.4 million]. The Series B round is co-led by Airbus Ventures and XAnge, a leading European investor in early-stage startups. Additional investors in the round include Octave & Miroslaw Klaba, SRIW, Noshaq, BNP Paribas Private Equity, Sambrinvest, and Belaero. Since its inception in 2018, Aerospacelab has raised a total of €60 million [US $68.17 million]. 

BRUSSELS, February 16, 2021 (Aerospacelab PR) — Aerospacelab signed a co-funding contract with the European Space Agency’s Investing in Industrial Innovation (InCubed) programme for its MultiSpectral Companion Mission prototype.

The contract was signed February the 12^th, during a virtual event, by Josef Aschbacher (ESA Director of Earth Observation Programmes, taking function as ESA Director General in March) and Benoît Deper (Aerospacelab’s CEO). This signature was attended by Thomas Dermine, State Secretary for Scientific Policy, Recovery Program and Strategic Investments, by members of the Belgium Delegation  and different ESA representatives.