Tag: Aerospacelab
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Aerospacelab Turns Profitable Before Securing €2.4 Billion IRIS² Satellite Contract
Belgian satellite manufacturer Aerospacelab said September 21 that it had reached profitability in early 2026, before winning a €2.4 billion ($2.75 billion) contract to design, manufacture and deliver 264 low Earth orbit satellites for the European Union’s IRIS² secure communications constellation. The contract, announced September 10, gives Aerospacelab responsibility for approximately 76% of the 348…
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Aerospacelab to Build Eight More Satellites for Xona’s Pulsar Navigation Constellation
Aerospacelab has been selected by U.S.-based Xona Space Systems to manufacture eight additional satellites for Pulsar, a low Earth orbit (LEO) navigation constellation aimed at providing high-performance positioning, navigation and timing (PNT) services, the companies said. Under the agreement, the Belgian satellite manufacturer will serve as Xona’s transition manufacturing partner for the initial phase of…