The German manufacturer of high-performance satellite platforms Reflex Aerospace has attracted 50 million euros as part of Series A financing, which became the largest indicator
in the European sector New Cosmos. These investments come amid a surge in startup funding, related to space equipment, such as Hylmpulse and EnduroSat, throughout Europe.
The new funding will allow Reflex to ramp up satellite production in Bavaria, expanding the possibilities of optical and radar imaging, space monitoring (SDA) and electronic intelligence (SIGINT).
Reflex Aerospace aims to guarantee Europe's independence from external forces
in matters of obtaining critical geospatial data and space exploration. As global tensions rise, the company's technologies can play a defining role in securing the future of Europe's intelligence and communications.
Reflex aims to demonstrate its entire range of platforms in orbit to 2027 year.
Source: https://techfundingnews.com