Overview

• EDGX closed a €2.3 million seed round co-led by imec.istart future fund and the Flanders Future Tech Fund managed by PMV to advance its onboard AI capabilities.
• The startup also secured a €1.1 million multi-unit commercial deal with a satellite operator, representing its first booked revenue.
• Its flagship Sterna data processing unit is built on NVIDIA Jetson Orin hardware and runs the SpaceFeather software stack for autonomous in-orbit AI workloads.
• An in-orbit demonstration is slated for a SpaceX Falcon 9 launch in February 2026, with two additional flights scheduled later that year to validate performance.
• Investors say the financing bolsters Europe’s competitiveness in space edge computing by shifting data processing from ground stations into orbit.