Aerospacelab has closed an extended Series B funding round worth 94 million EUR (110 million USD), strengthening its industrial roadmap and positioning as a leading European satellite manufacturer. The round combined 56 million EUR (66 million USD) in new financing with a 38 million EUR (44 million USD) commitment from a European financial institution.
The investment is fueling the company's growth trajectory by advancing product readiness and enabling the delivery of fully developed satellites to customers across earth observation, telecommunications, and other sectors. A portion of the capital is supporting the vertical integration of key subsystems, reinforcing industrial autonomy, and accelerating product development.
"This Series B is more than just capital - it's a strong endorseme