Aerospacelab has closed an extended Series B funding round, raising €94 million euros ($110 million) to advance its "ambitious industrial roadmap" to scale up production of off-the-shelf satellite constellations. The funding is roughly divided between €56 million euros from private investors and €38 million euros from a European financial institution. The cash haul should accelerate production at Aerospacelab's Belgium Megafactory, which the company says will produce up to 500 satellites per year. It wil ...