News Satellite

Aerospacelab secures $110m in Series B funding round

The investment is driving Aerospacelab’s growth, advancing product readiness, and enabling satellite deliveries for earth observation and telecom customers.

Aerospacelab, a European satellite manufacturer, has announced the closure of an extended Series B funding round totalling $110m throughout a dual-tranche funding of $66m, alongside a $44m 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.

Benoît Deper, CEO and Founder of Aerospacelab, said: “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 verticalising 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.