Two companies linked to Business Factory Aero (BFAero), Kreios Space and Slimop Space, shared their technological advances and growth prospects during the 8th International Aerospace Congress (CIAG), held in Santiago de Compostela.
His participation in the panel discussion ‘New Space: innovation, investment and competitiveness in the space industry’ highlighted the potential of the Galician ecosystem to develop advanced technologies, drive new business initiatives and attract industrial projects with high added value.
Kreios Space: Galician innovation with an international focus on cooperation
Yago Recarey, a representative of Kreios Space, highlighted Galicia’s commitment to investing in innovation and its importance in helping to attract and develop new technology companies.
During his speech, he announced that the company plans to launch its first satellite in the final quarter of 2027, a milestone that will enable it to validate its technology for operating satellites at very low Earth altitudes in orbit.
Slimop Space: attracting talent and technology to Galicia
Eduardo Ferrer, co-founder of Slimop Space, outlined the company’s progress in developing innovative optical solutions for space applications, with the aim of carrying out an initial in-orbit validation during the first half of 2028.
The company, which originated in Catalonia, continues to make progress with its establishment in Porto do Molle, Nigrán, thereby strengthening Galicia’s ability to attract technology projects and generate new opportunities for industrial activity.
Ferrer expressly acknowledged the support received through BFAero, both in terms of the acceleration and consolidation programmes and in terms of the link with the Galician innovation ecosystem, and highlighted the support provided by the Xunta de Galicia in the process of establishing the company in the region.
Innovation, investment and collaboration to strengthen the aerospace sector
The development of both companies highlights the importance of having support mechanisms for technological entrepreneurship, such as BFAero – the Galician Regional Government’s aeronautical and aerospace accelerator – which are capable of supporting the development of innovative projects, facilitating their links with industry and contributing to their growth.
This project forms part of the Xunta de Galicia’s commitment to strengthening the region’s competitiveness and its technological and industrial capabilities through initiatives such as the Galician Business Innovation Strategy 2026–2028 and the Strategic Initiative for Security, Defence and Aerospace 2025–2030.
BFAero continues to help establish Galicia as an attractive location for the development of technology companies, attracting investment and creating new opportunities in the aerospace sector.