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Reflex Aerospace secures 50 million euros in the largest series A round of the European new-space sector. The startup plans to expand its manufacturing and aims to achieve operational readiness by 2027.

The New Space startup Reflex Aerospace is a leader in the development and manufacturing of advanced dual-use satellites. The company, headquartered in Berlin and Munich, uses new methods to modernize satellite development and production, thereby achieving significantly shorter delivery times and higher reliability. In the interview, the founders provide insights into their company. First published on: April 29, 2024

Every startup wants to reach new heights, but in the new space industry this goal is also to be understood literally. These Munich spacetech startups are currently celebrating major successes on their – not only metaphorical – journey to the stars: Mynaric, Dcubed, Unio, Ororatech, Reflex Aerospace and DeltaVision.

Several startups from the Munich new space economy have celebrated successes recently. We’ve compiled them for you.

The Munich new space community continues to grow and the startups are celebrating successes. Most recently, Ororatech, The Exploration Company, Reflex Aerospace, Cloudeo, Talos and Dcubed.

The NewSpace startup Reflex Aerospace is launching its collaboration with Media Broadcast Satellite (MBS). Together, the two companies want to advance innovations in space.

Reflex Aerospace expands its seed round by €1.75 million to a total of nearly €9 million. Bayern Kapital is joining the Munich and Berlin-based startup as a new investor through its EFRE Bayern innovation fund. Founded in 2021, the company develops satellite platforms tailored to the individual needs of its customers.

Year after year, the US business magazine Forbes identifies young European entrepreneurs and innovators who have made a special impact on the development of their industry and beyond: the “30 under 30 Europe”. Among the 300 young talents in 10 different categories, there are also quite a few from Munich.

The Berlin and Munich-based aerospace startup Reflex Aerospace secures 7 million euros in the first closing of its seed round. By the end of the first quarter of 2023, the startup is targeting a second closing and an increase in funding to a total of 12 million euros.