Close Menu
    • Home
    • Contact Us
    Saudi BeaconSaudi Beacon
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Saudi BeaconSaudi Beacon
    Home » EDGX closes a €2.3M funding round to boost onboard AI compute for satellites
    PR Newswire

    EDGX closes a €2.3M funding round to boost onboard AI compute for satellites

    August 11, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    The funding will fast-track EDGX’s mission to deliver the world’s fastest AI-powered edge computers for satellite constellations, enabling fast and efficient data processing from space

    GHENT, Belgium, Aug. 11, 2025 /PRNewswire/ — Belgian spacetech startup EDGX has closed a €2.3 million seed funding round to accelerate commercialisation of EDGX Sterna, the next generation edge AI computer for satellites.

    EDGX founders Nick Destrycker and Wouter Benoot

    The startup has also closed a multi-unit deal with a satellite operator worth €1.1 million and can already announce plans of an in-orbit demonstration on a SpaceX Falcon 9 mission in February 2026.

    The funding round was co-led by the imec.istart future fund and, with participation from the Flanders Future Tech Fund, managed by the Flemish investment company PMV. EDGX has also attracted further funding from existing investor imec.istart, Europe’s top-ranked university-affiliated accelerator.

    The EDGX Sterna Computer is a high-performance data processing unit (DPU) powered by NVIDIA technology. It provides the computational performance and AI acceleration needed to run complex algorithms directly in orbit. This capability eliminates the traditional bottleneck of sending massive raw datasets to Earth for processing, enabling satellite operators to deliver faster, more efficient, and data-driven services.

    EDGX’s Sterna computer is powered by its SpaceFeather software stack, built for autonomous, resilient, and upgradeable satellite operations. It includes a space-hardened Linux OS with full traceability, a dedicated supervisory system for autonomous health monitoring, radiation fault detection and recovery, and an in-orbit application framework for deploying new capabilities post-launch.

    Commenting on the news, Nick Destrycker, founder and CEO said: “Customers aren’t waiting for flight validation, they’re signing now. With a full launch manifest, secured commercial contracts, and our first mission set for Falcon 9, this funding enables us to scale to meet demand for real-time intelligence from space.”

    Kris Vandenberk, managing partner at imec.istart future fund said: “EDGX represents exactly the kind of transformative infrastructure play we look for. The space industry is hitting a fundamental bottleneck; we’re generating massive amounts of data in orbit but still using outdated ‘store and forward’ architectures. EDGX is solving this by bringing AI-powered edge computing directly into space, enabling satellites to analyse and act on data in real-time rather than waiting for ground processing.”

    Photo – https://mma.prnewswire.com/media/2746931/EDGX.jpg
    Logo – https://mma.prnewswire.com/media/2746930/EDGX_Logo.jpg

    EDGX Logo

    Cision View original content:https://www.prnewswire.co.uk/news-releases/edgx-closes-a-2-3m-funding-round-to-boost-onboard-ai-compute-for-satellites-302525414.html

    Related Posts

    Asia Leads in Domestic Digital Payments but Lags in Cross-Border Payments: Saber Whitepaper

    June 10, 2026

    Bell Integration and IBM Launch AI-Powered Intelligent Managed Services Platform at AI Summit

    June 10, 2026

    Cultural envoy Sundeep Bhutoria calls on West Bengal Governor; presents handwritten copy of Tagore’s Gitanjali

    June 10, 2026

    THE SULTANATE OF OMAN CONSOLIDATES ITS POSITION AS A STABLE DESTINATION FOR GLOBAL CAPITAL

    June 9, 2026

    LG Electronics Appoints Ahmad Abed as Chief Operating Officer for ES Company, Air Conditioning, MEA

    June 9, 2026

    Blue Owl Strengthens Global Presence with Opening of Abu Dhabi Office

    June 9, 2026
    Latest News

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026

    CAIRO / MENA Newswire / — Egypt’s economy grew 5.2% in the first nine months…

    FAO backs $3.9bn GEF-9 funding for food security

    June 8, 2026

    Korean cosmetics exports hit US$5.6 billion in five months

    June 8, 2026

    WHO reports 507 Ebola cases across Congo and Uganda

    June 8, 2026

    Global health bodies seek $518 million for Ebola response

    June 6, 2026

    Abu Dhabi advances climate adaptation tools

    June 5, 2026

    Investor interest lifts UAE real estate in global index

    June 5, 2026

    Dollar heads for weekly gain as yen nears 160 level

    June 5, 2026
    © 2026 Saudi Beacon | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.