EDGX Secures €2.3M to Enhance Satellite AI Computing
EDGX has closed a €2.3 million seed funding round to accelerate the commercialization of its next-generation edge AI computer for satellites, the EDGX Sterna. Announced in a press release, the funding will fast-track the company's mission to deliver high-performance AI-powered edge computing for satellite constellations, enabling efficient data processing directly in orbit.
The funding round was co-led by the imec.istart future fund, with participation from the Flanders Future Tech Fund, managed by the Flemish investment company PMV. EDGX has also secured additional funding from existing investor imec.istart, Europe's top-ranked university-affiliated accelerator.
The EDGX Sterna Computer, powered by NVIDIA technology, is designed to run complex algorithms in orbit, eliminating the need to send large datasets back to Earth for processing. This advancement allows satellite operators to provide faster and more efficient data-driven services. The Sterna computer is equipped with the SpaceFeather software stack, which includes a space-hardened Linux OS and a dedicated supervisory system for autonomous health monitoring and fault recovery.
EDGX has also announced a multi-unit deal with a satellite operator worth €1.1 million and plans for an in-orbit demonstration on a SpaceX Falcon 9 mission in February 2026.
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