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Reflex Aerospace secures record €50 million Series A

Reflex Aerospace has successfully closed a €50 million Series A funding round—this funding round is the largest Series A in the European New Space sector to date.

The funding, led by Human Element together with Alpine Space Ventures, Bayern Kapital, HTGF, Renovatio Financial Investments, as well as additional German and European investors, will accelerate the development, production, and deployment of sovereign satellite constellations providing Optical, Synthetic Aperture Radar (SAR), Space Domain Awareness (SDA), and Signal Intelligence (SIGINT) capabilities.

Part of the financing round will be used to expand existing manufacturing capacity in Bavaria to manufacture satellite constellations for intelligence and communications purposes. Reflex Aerospace aims to have all capabilities ready for deployment and demonstrated in orbit by 2027.

Europe cannot afford to remain reliant on external actors for space-based intelligence,” said Walter Ballheimer, CEO of Reflex Aerospace. “We will invest our own capital, we will work with the best partners in their respective domains, and we will act now because in the current environment, there is no time to waste.”

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