Aerospacelab Reaches Profitability Ahead of $2.75 Billion Iris2 Contract
Belgian satellite manufacturer Aerospacelab returned to profitability early this year after reporting a €17.75 million loss on €14.6 million in 2025 sales. CEO Benoit Deper attributed the improvement to diverse component contracts and limited production of complete satellites, ahead of its potential role in the €2.5 billion Iris2 program.