EDGX founders Nick Destrycker and Wouter Benoot. Photo: EDGX

EDGX, a new Belgian AI space startup, has raised 2.3 million euros ($2.7 million) in funding. The funding will help accelerate the commercialization of EDGX Sterna, a next generation edge AI computer for satellites. 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, a European university-affiliated accelerator. EDGX announced the new funding, Aug. 11.

Interestingly, EDGX also announced that it had closed a multi-unit deal with a satellite operator worth 1.1 million euros ($1.3 million) and is ready to announce plans of an in-orbit demonstration on a SpaceX Falcon 9 mission in February 2026.

The EDGX Sterna Computer is a high-performance data processing unit (DPU) powered by NVIDIA technology. It aims to provide the computational performance and AI acceleration needed to run complex algorithms directly in orbit. This capability aims to eliminate 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.

“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space industry is hitting a fundamental bottleneck; we’re generating massive amounts of data in orbit but still using outdated ‘store and forward’ architectures.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 analyze and act on data in real-time rather than waiting for ground processing,” Nick Destrycker, founder and CEO of EDGX, said in a statement.