nxgsat

nxgsat is a Flemish deep tech startup developing 5G satellite modem technology for non-terrestrial network applications, having raised EUR 1.2M in a seed round from PMV and imec.istart in October 2025.

1 Recorded event4 People on the graph8 News mentions

Overview

nxgsat develops satellite modem technology targeting the 5G NTN (non-terrestrial network) standard, which enables smartphones and connected devices to communicate directly with satellites using 5G protocols. This removes the need for specialized satellite handsets and positions satellite connectivity as a seamless extension of terrestrial 5G networks.

The company is backed by imec.istart and PMV (ParticipatieMaatschappij Vlaanderen), reflecting its deep tech hardware profile and Flemish roots. imec.istart's involvement connects nxgsat to imec's semiconductor research ecosystem in Leuven, which has produced multiple SpaceTech and wireless communication spin-offs.

The EUR 1.2M seed provides initial capital for technology development and validation ahead of a larger raise to pursue commercialization.

Funding & milestones

1 events found for nxgsat · 2025

Explore histories
  1. SeedVenture / equityDetailsEUR 1.2M

    Reported amount EUR 1,200,000

    Source not attached to this recordDeal record

Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.

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