Belgium, Sept. 23 -- The European Investment Bank (EIB) is providing Belgian satellite manufacturer Aerospacelab with €37.5 million in financing to support the company's research and development and to reinforce the European Union's strategic autonomy in space technologies. For Aerospacelab the financing is part of their recently announced Series B funding round. The operation is backed by InvestEU, the EU's flagship programme to mobilise over €372 billion in additional investment from 2021 to 2027.The EIB financing, which takes the form of venture debt, will enable Aerospacelab to further develop and expand its portfolio of satellite platforms able to carry a broader and heavier number of payloads as well as to further develop ...