The extended Series B round combines US$65.2 million (AU$100 million) in equity with a further €38 million commitment from a European financial institution. The capital will be directed towards expanding Aerospacelab’s satellite fleet, advancing research and development, and completing the vertical integration of key subsystems to strengthen its industrial autonomy.
Chief executive and founder Benoît Deper said the raise was a strong endorsement of the company’s strategy to position itself as a leading force in satellite manufacturing.
“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,” Deper said.
“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.”
Central to Aerospacelab’s plan is the construction of its new Megafactory, one of the most advanced satellite production sites in Europe. Work began in 2024, with the first satellites due to roll off the line in 2026 and full-scale production of up to 500 satellites a year targeted for 2027.
The company said funding has already supported early Megafactory development, accelerated subsystem integration, and helped attract top-tier engineering talent. The investment will also ensure faster delivery timelines and improved reliability for customers in Earth observation, telecommunications and other commercial sectors.
Aerospacelab’s latest raise is backed by both returning investors and new partners, reflecting growing market confidence in its vertically integrated model and ability to scale production for emerging global satellite constellations.