Update Sept. 23: This story has been updated to reflect Aerospacelab comment.
PARIS — Satellite manufacturer Aerospacelab of Belgium, which in 2025 reported a loss of 17.75 million euros on sales of 14.6 million euros ($17.2 million), reached profitability early this year based on diverse contracts for satellite components small numbers of complete satellites, Chief Executive Benoit Deper said.
That’s a remarkable performance for a company founded in 2018 and now in the middle of a growth phase including a 20,000-square-meter satellite megafactory . . .
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