Aerospacelab
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Portfolio Updates

imec.xpand invests in Aerospacelab’s Series B3 round.

We're pleased to announce our investment in Aerospacelab, a leading manufacturer of small satellites based in Mont-Saint-Guibert, Belgium.

The global telecommunications landscape is undergoing a fundamental shift. Satellite constellations are becoming an essential part of next-generation connectivity, and governments increasingly view sovereign, space-based communications as a strategic priority. This will be a major catalyst for future growth for satellite manufacturers.

Aerospacelab excels through deep vertical integration - developing over 90% of its satellite subsystems in-house and leveraging a modular platform to deliver both standardized and tailored solutions. That approach allows them to deliver satellites at a fraction of the cost of their main competitors. In 2026, Aerospacelab will open Europe's largest satellite manufacturing facility in Charleroi, Belgium. This makes the company uniquely positioned to become a cornerstone of Europe’s space economy.

You can read the full press release on Aerospacelab's website.