Insider Brief
- EDGX raised €2.3M in seed funding, co-led by imec.istart future fund and the Flanders Future Tech Fund, to commercialize its EDGX Sterna edge AI computer for satellites, alongside securing a €1.1M multi-unit deal with a satellite operator.
- The EDGX Sterna, powered by NVIDIA technology and the SpaceFeather software stack, enables real-time AI-powered data processing in orbit, eliminating the need to send large raw datasets to Earth for analysis.
- The company plans an in-orbit demonstration on a SpaceX Falcon 9 in February 2026, with secured contracts and a full launch manifest positioning it to meet growing demand for real-time intelligence from space.
PRESS RELEASE — 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.
The startup, founded by Nick Destrycker and Wouter Benoot, 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.”
Featured image: Credit: EDGX
