Germany’s Reflex Aerospace said on Tuesday it had secured €50 million ($58.3 million) in a Series A funding round to expand its satellite manufacturing capacity as demand for both civil and defence applications rises across Europe.
The funding round — led by investors Human Element, Alpine Space Ventures, Bayern Kapital, HTGF and Renovatio Financial Investments — comes as Europe intensifies efforts to strengthen its defence and space capabilities. Reflex Aerospace, which operates facilities in Berlin and Munich, said the fresh capital will be used to scale production and accelerate development in response to growing geopolitical and security concerns.
“Europe cannot afford to remain reliant on external actors for space-based intelligence,” said Reflex Aerospace CEO Walter Ballheimer. “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.”
The announcement follows recent moves by Europe’s top space firms to consolidate their satellite manufacturing and services businesses, part of a wider push to build a more competitive and sovereign space industry. It also aligns with the European Commission’s new defence initiatives, including a proposed “European Space Shield” to safeguard satellite infrastructure.
Germany has pledged to invest €35 billion in space and security-related projects over the next five years as part of a broader strategy to bolster defence readiness. Reflex Aerospace’s funding underscores the growing role of private-sector partnerships in advancing Europe’s space autonomy and next-generation satellite technologies.
