When was nxgsat founded?

nxgsat was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is nxgsat located?

nxgsat is headquartered in Ghent, Belgium.

How many employees does nxgsat have?

As of May 31, 2026, the latest employee count at nxgsat is 13.

Is nxgsat a funded company?

nxgsat is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 21, 2025.

When was the latest funding round of nxgsat?

nxgsat's latest funding was a $***** Seed round on Oct 21, 2025, with participation from 2 investors.

Where does nxgsat rank among its competitors?

nxgsat ranks 20th amongst 178 active competitors, of which 30 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Apex, which secured $200M in Jun, 2026.

Who are the top competitors of nxgsat?

nxgsat's top competitors include Terran Orbital, Dhruva Space and Apex. Among them, Apex secured the most recent funding round in June, 2026.

nxgsat - 2026 Company Profile, Team, Funding & Competitors

nxgsat is a seed company based in Ghent (Belgium), founded in 2024 by Jose Laffitte and Bram Van Nieuwerburgh. It operates as a Developer of software-defined satellite communication modems based on the 3GPP standard. nxgsat has raised $1.4M in funding. The company has 178 active competitors, including 30 funded and 17 that have exited. Its top competitors include companies like Terran Orbital, Dhruva Space and Apex.

Company Details

Developer of software-defined satellite communication modems based on the 3GPP standard. The company focuses on creating solutions for satellite communication, utilizing software to define modem functionality. Its products aim to connect users to satellite networks. The business model centers on the development and distribution of these modems.

Website: nxgsat.com
Email ID: *****@nxgsat.com

Key Metrics

Founded Year

2024

Location

Ghent, Belgium

Stage

Seed

Total Funding

$1.4M in 1 round

Latest Funding Round

Seed, Oct 21, 2025, $*****

Investors

PMV & 1 more

Ranked

20^th among 178 active competitors

Employee Count

13 as on May 31, 2026

Similar Companies

Terran Orbital & 197 more

View nxgsat's full profile

nxgsat has raised a total funding of $1.4M over 1 round. Its latest funding round was a Seed round on Oct 21, 2025 for $*****. 2 investors participated in its latest round. nxgsat has 2 institutional investors.

Here is the list of recent funding rounds of nxgsat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2025	8007489	Seed	1992267	5131788	2370873	9222695

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View details of nxgsat's funding rounds and investors

The founders of nxgsat are Jose Laffitte and Bram Van Nieuwerburgh.

Here are the details of nxgsat's key team members:

Jose Laffitte: Co-Founder of nxgsat.
Contact Info: 1 email address
Bram Van Nieuwerburgh: Co-Founder of nxgsat.

View details of nxgsat's Founder profiles and Board Members

nxgsat's employee count trend

nxgsat has 13 employees as of May 26. Here is nxgsat's employee count trend over the years:

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Top competitors of nxgsat include Terran Orbital, Dhruva Space and Apex. Here is the list of Top 10 competitors of nxgsat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Terran Orbital 2013, Irvine (United States), Acquired	Provider of hardware for satellites	$144M	Goldman Sachs Investment Partners, Lockheed Martin ... & 9 others	73/100
2nd	Dhruva Space 2012, Hyderabad (India), Series A	Provider of full-stack space engineering solutions, satellite platforms, and launch services	$21.4M	Indian Angel Network, Blue Ashva Capital ... & 132 others	66/100
3rd	Apex 2022, Los Angeles (United States), Series D	Manufacturer of configurable satellite platforms designed for various mission requirements	$718M	Andreessen Horowitz, CRV & 23 others	66/100
4th	ReOrbit 2019, Helsinki (Finland), Series A	Manufacturer of sovereign satellites and connected systems for national security	$60.2M	Springvest, Inventure & 11 others	66/100
5th	XDLINX 2022, Hyderabad (India), Seed	Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions	$7.22M	Lucky Investment Managers, E2MC & 5 others	62/100
6th	NaraSpace 2015, Busan (South Korea), Public	Manufacturer of nano satellites	$24.3M	Korean Development Bank, Shinhan Venture Investment ... & 12 others	60/100
7th	Quantum Space 2022, Rockville (United States), Series A	Developer of maneuverable spacecraft for defense and commercial on-orbit missions	$57M	Sporos, Prime Movers Lab & 1 others	60/100
8th	NanoAvionics 2014, Vilnius (Lithuania), Acquired	Developer of nano-satellite buses	-	Europa, ESA & 2 others	60/100
9th	EnduroSat 2015, Sofia (Bulgaria), Series B	Manufacturer of small satellite platforms, components, and related space services	$167M	Founders Fund, Freigeist Capital & 14 others	60/100
10th	SSTL 1985, Guildford (United Kingdom), Acquired	Manufacturer of small satellites	-	Europa, Gov & 2 others	59/100
20th	nxgsat 2024, Ghent (Belgium), Seed	Developer of software-defined satellite communication modems based on the 3GPP standard	$1.4M	PMV, imec.istart future fund	51/100