🏆 Deal of the Week · KW 35/2025
Aerospacelab raised EUR 94 million in a Series B round; the post-money valuation was not disclosed. The round drew participation from a broad syndicate of institutional, strategic, and development-finance investors across Europe. The raise positions the Belgian satellite manufacturer to accelerate its production roadmap and constellation buildout.
Aerospacelab — key deal facts
| Company | Aerospacelab |
| Founded | 2018 |
| Headquarters | Charleroi, Belgium |
| Amount raised | EUR 94m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Airbus Ventures, XAnge, European Financial Institution, Torus Capital, imec.xpand, European Investment Bank, Dassault Systems, BNP Paribas Fortis |
| Sectors | Aerospace |
Who invested in Aerospacelab?
The Series B was backed by Airbus Ventures, XAnge, a European Financial Institution, Torus Capital, imec.xpand, the European Investment Bank, Dassault Systèmes, and BNP Paribas Fortis. The investor mix is notable for combining strategic aerospace primes — Airbus Ventures and Dassault Systèmes — with development-finance backing from the European Investment Bank, lending both industrial validation and long-tenor capital to the deal. The presence of deep-tech specialist imec.xpand alongside commercial lender BNP Paribas Fortis reflects the cross-sector confidence in Aerospacelab's vertically integrated model.
What does Aerospacelab do?
Aerospacelab, founded in 2018 by CEO Benoît Deper, is a vertically integrated satellite manufacturer headquartered in Charleroi, Belgium. The company designs, builds, and operates satellite platforms, subsystems, and payloads for Earth Observation and Telecommunications applications, offering its Versatile Satellite Platforms (VSP) in configurations ranging from 50 kg to 5,000 kg. Aerospacelab has eight satellites in orbit and is constructing its own constellation of high-resolution optical and RF sensing satellites. The company recently expanded its manufacturing footprint with a new facility in Torrance, California, extending its reach into the North American market.
Aerospacelab valuation & multiples
No existing multiples analysis was provided for this deal; valuation benchmarking is not possible given that Aerospacelab's post-money valuation remains undisclosed. Once comparable disclosed-valuation transactions are available, EV/Sales and EV/EBITDA reference ranges for the satellite manufacturing and New Space sectors can be applied. Visit the Aerospace sector multiples pages on DealMatrix for current benchmark ranges across comparable private-market transactions.
Explore the benchmarks: Series B.
Frequently asked questions
How much did Aerospacelab raise in its Series B?
Aerospacelab raised EUR 94 million in its Series B round.
What is Aerospacelab's valuation?
Aerospacelab's post-money valuation was not disclosed as part of the Series B announcement.
Who invested in Aerospacelab?
The Series B investors include Airbus Ventures, XAnge, a European Financial Institution, Torus Capital, imec.xpand, the European Investment Bank, Dassault Systèmes, and BNP Paribas Fortis.
When was Aerospacelab founded and where is it based?
Aerospacelab was founded in 2018 and is headquartered in Charleroi, Belgium.
Source: original announcement — read the full report.