LUXEMBOURG — Aerospacelab of Belgium gave proof of the vitality of Europe’s NewSpace and space venture-funding landscape when it raised 11 million euros ($12.3 million) from investors including Xange, BelAero, CMNE Innov&Thic and the Wallonie Regional Investment Co., SRIW.

The idea: a constellation of 50-cm-resolution optical imaging satellites for government and civil applications. You’re thinking: Another one?

Founder and Chief Executive Benoit Deper freely admits that Aerospacelab’s business model borrows from . . .

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