"Jean-François Morizur, co-founder and CEO of Cailabs, said the deal was a "significant milestone" that would allow the company to strengthen supply chains, ramp up production and accelerate its international strategy. "This funding round reflects our solid fundamentals and the confidence investors have in our strategic vision. It enables us to scale up industrial capabilities and prepare for the next stage of growth.""
"The financing round, announced in Rennes today, was led by the European Investment Bank (EIB), which contributed €37 million, alongside €20 million from investors including Definvest and Fonds Innovation Defense (the French Armed Forces ministry and Bpifrance), NewSpace Capital, the European Innovation Council Fund, Starquest Capital, and CAIVE (Crédit Agricole Ille-et-Vilaine Expansion)."
"The new financing will allow the company to produce up to 50 OGS per year by 2027, supported by a new industrial platform capable of assembling and validating up to five stations in parallel. The firm is also investing in its product portfolio, including turnkey 100+Gbps laser communication solutions, transportable OGS, and expanded orbit options, as well as expanding its footprint overseas."
Cailabs secured €57 million to accelerate industrial expansion and strengthen its position in laser communications. The European Investment Bank led the round with €37 million, while other investors contributed €20 million. The funding will reinforce supply chains, ramp up production and support international growth. Production capacity is planned to reach up to 50 optical ground stations per year by 2027, enabled by a new platform able to assemble and validate five stations in parallel. Product development will target turnkey 100+Gbps solutions, transportable OGS and expanded orbit options, alongside an expanded overseas presence including a larger US office.
Read at Business Matters
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