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European Union

European Investment Bank Supports Belgian Satellite Manufacturer Aerospacelab with EUR37.5 Million Financing

Strategic Insights

— 2 min read

The European Investment Bank (EIB) has provided Belgian satellite manufacturer Aerospacelab with EUR37.5 million in financing to support the company's research and development and to reinforce European Union's strategic autonomy in space technologies. This financing is part of Aerospacelab's recently announced Series B funding round and is backed by InvestEU, the EU's flagship program to mobilise over EUR372 billion in additional investment from 2021 to 2027. The EIB's investment will enable Aerospacelab to further develop and expand its portfolio of satellite platforms, extend its applications range to telecommunication and earth observation operations, and boost the EU's capacity to scale and compete in cutting-edge New Space technologies.

Key Takeaways:

  • The European Investment Bank (EIB) provided EUR37.5 million in financing to Belgian satellite manufacturer Aerospacelab to support the company's research and development and to reinforce European Union's strategic autonomy in space technologies.
  • The financing is part of Aerospacelab's recently announced Series B funding round and is backed by InvestEU, the EU's flagship program to mobilise over EUR372 billion in additional investment from 2021 to 2027.
  • The EIB's investment will enable Aerospacelab to further develop and expand its portfolio of satellite platforms, extend its applications range to telecommunication and earth observation operations, and boost the EU's capacity to scale and compete in cutting-edge New Space technologies.
  • The financing is the EIB's first investment in a Belgian space company and in micro-satellite manufacturing, complementing its "New Space" portfolio towards strategic autonomy.
  • The EIB's investment comes alongside new equity capital contributed by existing and new investors.
  • Aerospacelab is pioneering the deployment of advanced software and hardware infrastructure for mass manufacturing of large constellations of small satellites in short lead times.
  • The company's innovative modular approach to industrial satellite manufacturing is supported by the EIB's venture debt agreement.
  • The EIB Group will commit EUR70 billion via a comprehensive suite of instruments to support high-risk projects and innovative companies throughout their investment journey from 2025 to 2027.
  • Aerospacelab is also a key player in the development of the space economy, supporting European innovation and strategic autonomy in space technologies.

Statistics:

  • EUR37.5 million: The amount of financing provided by the European Investment Bank (EIB) to Belgian satellite manufacturer Aerospacelab.
  • EUR372 billion: The total amount of additional investment mobilised by the EU's flagship program InvestEU from 2021 to 2027.
  • 2021-2027: The period during which the EU's flagship program InvestEU will mobilise over EUR372 billion in additional investment.
  • EUR70 billion: The amount of funding committed by the EIB Group to support high-risk projects and innovative companies from 2025 to 2027.
  • 2025-2027: The period during which the EIB Group will commit EUR70 billion to support high-risk projects and innovative companies.
  • 1,000: The number of European tech champions that the EIB Group aims to support with venture capital products annually under its TechEU Programme.
  • EUR250 billion: The total amount of investment in disruptive technologies and enabling infrastructure that the EIB Group aims to mobilise over the 2025-2027 period.

Sources:

  • European Investment Bank (EIB). (2025, September 23). Europe's space sector gets lift as EIB provides Belgian satellite maker Aerospacelab EUR37.5 million in financing. Retrieved from
  • European Investment Bank (EIB). (n.d.). TechEU. Retrieved from

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