MBDA and Bpifrance invest €20 million in NanoXplore to support its diversification into defense and enhance European electronic sovereignty.

Information on the Target

NanoXplore is a French high-tech company founded in 2013, recognized as a leading European player in the design of high-reliability electronic chips for the aerospace, defense, and avionics markets. Recently, the company secured €20 million in funding from MBDA and the Innovation Defense Fund managed by Bpifrance. This funding marks a significant advancement for NanoXplore, bolstering its position at the forefront of European electronic sovereignty. The capital raised will facilitate the company’s diversification into defense, focusing on the development of security-oriented products and executing a targeted growth strategy through acquisitions across Europe.

As an independent family-owned French firm, NanoXplore has established a unique market position in rad-hard components, which are resilient to radiation and capable of functioning in extreme environments such as space or specific defense systems. Their products, including Field Programmable Gate Arrays (FPGAs) and programmable integrated circuits, are already deployed in several prominent space programs like Galileo and Copernicus, providing a sovereign alternative to non-European components. Importantly, NanoXplore maintains a 100% European supply chain for chip manufacturing, making it a key player under the “ITAR free” initiative, which ensures compliance with U.S. export regulations on defense materials.

Industry Overview in France

The French defense industry is a critical component of the European security landscape, characterized by its strong industrial base and a focus on technological innovation. France has long been recognized for its investment in high-tech sectors, including aerospace and defense