# Nxgsat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nxgsat

- Industry: Telecoms
- Headquarters: Gent, Belgium
- Website: www.nxgsat.com/
- Total disclosed funding: $1.4M
- Latest round: Seed (Oct 15, 2025)
- Investors on record: 2

## About

Nxgsat, based in Belgium, develops advanced satellite communication technology designed to enhance connectivity for telecommunications, IoT, and emergency services, bridging communication gaps in remote and underserved areas.Nxgsat, headquartered in Gent, Belgium, was founded in 2024 and focuses on software-defined satellite communication modems compliant with the 3GPP 5G New Radio Non-Terrestrial Networks (NR NTN) standard. The company has completed 1 deal, with its latest funding round being a SEED round, where it raised EUR 1.2 million in October 2025 from investors including Imec.xpand and PMV - ParticipatieMaatschappij Vlaanderen NV. The founder's history is not specified, and there are no known subsidiaries or parent companies.Nxgsat specializes in software-defined satellite communication modems that adhere to the 3GPP 5G New Radio Non-Terrestrial Networks (NR NTN) standard. These advanced modems are designed to provide robust connectivity solutions for various applications, including telecommunications, IoT, and emergency services, addressing challenges such as remote communication and bandwidth limitations in underserved regions. The company's core offerings aim to enhance satellite communication efficiency and reliability, catering to a diverse client base that includes government agencies, telecommunications operators, and enterprises across multiple sectors. Nxgsat's products are actively marketed in regions where traditional communication infrastructure is lacking or where there is a significant demand for enhanced satellite connectivity, including parts of North America, Europe, and Asia.Revenue generation at Nxgsat is driven through a combination of direct sales and partnerships within the telecommunications sector. The business model encompasses B2B transactions, with clients typically comprising telecommunications companies and governmental organizations that require reliable satellite communication solutions. Nxgsat’s pricing structure includes options for one-time purchases of hardware, as well as potential subscription models for ongoing software services and support. This enables clients to access advanced technology while benefiting from regular updates and enhancements. Specific flagship products align with the company's emphasis on technology, positioned to attract sustained interest and demand within the telecommunications market.In October 2025, Nxgsat raised EUR 1.2 million in Seed funding, which will be utilized to support product development and team expansion ahead of a planned commercial release in the second quarter of 2026. The company aims to launch new products designed to enhance satellite communication capabilities while exploring expansion into new markets including North America and Asia by the end of 2026.

## Funding rounds

- Seed, Oct 15, 2025, $1.4M — PMV, Imec.xpand

## Investors

- PMV (https://capitalatlas.ai/funds/pmv) — Seed
- Imec.xpand (https://capitalatlas.ai/funds/imec-xpand) — Seed