NanoXplore Raises €20M To Expand Into Defence And Strengthen European Electronics

The funding comes from European defence firm MBDA and the Defence Innovation Fund, managed by Bpifrance.

“As an independent French company, we have shown that it is possible to design and produce state-of-the-art advanced electronic chips in Europe. This funding round will allow us to go further: accelerate our diversification into defence with products specifically designed for these markets, while continuing a strategy of targeted acquisitions in Europe. Our ambition is clear: to make NanoXplore the reference player for European electronic sovereignty,” Édouard Lepape, CEO of NanoXplore noted.

Founded in 2013, NanoXplore is an independent, family-owned fabless IC design company specializing in radiation-hardened components and a complete software suite. Its FPGAs (Field-Programmable Gate Arrays) are designed to operate in extreme environments including space and defence systems.

The company recently introduced NG-ULTRA, touted as the world’s most advanced rad-hard SoC FPGA (System-on-Chip FPGA).

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NanoXplore emphasizes European electronic sovereignty, using a 100% European supply chain including chip manufacturing and earning an “ITAR-free” designation, meaning its products are not subject to U.S. defence export regulations. Its circuits are already used in major space programmes like Galileo and Copernicus, offering a sovereign alternative to non-European components.

“This equity investment fully aligns with the strategy of the Defence Innovation Fund. NanoXplore embodies exactly what we aim to support: an innovative French SME mastering technologies that are critical to our sovereignty. Their ‘ITAR-free’ approach with a 100% European supply chain addresses the strategic priorities of our defence technological and industrial base.

By supporting the growth of this technology champion its diversification from space into defence and its European growth strategy we are helping strengthen Europe’s technological autonomy in a sector as sensitive as critical microelectronics,” commented Nicolas Berdou, Investment Director of the Defence Innovation Fund at Bpifrance.

Regarding its investors, NanoXplore stated in the press release: “MBDA brings its industrial footprint and deep understanding of European armed forces’ operational needs. Bpifrance, through the Defence Innovation Fund, aligns this transaction with its strategy to support the French defence technological and industrial base, backing an SME that plays a key role in securing the electronic components supply chain as an essential European champion in its field.”

With this new funding, NanoXplore plans to accelerate its diversification from space into the defence sector by developing next-generation components, including secure FPGAs and ultra-low-power solutions, while adapting existing technologies for land, air and naval systems.

The capital will also support a European growth strategy through strategic acquisitions, expanding the product portfolio and strengthening Europe’s industrial base in critical microelectronics.

About NanoXplore

NanoXplore SAS is a European fabless IC design company specializing in radiation-hardened components and SoC FPGAs. Serving aerospace, defense and industrial markets it provides advanced hardware and a complete software suite supporting clients worldwide with innovative, high-reliability solutions for extreme environments.