In this work the electromagnetic characterization of composite materials reinforced with carbon and metallic nanoparticles is presented. In particular, the electric permittivity and the magnetic permeability as a function of the frequency are used to evaluate the electromagnetic absorption capability of the nanocomposites. The aim is the study of possible applications in advanced coaling able to tune the electromagnetic reflectivity of satellite surfaces in specific frequency ranges, in a special way for those surfaces that for some reason could be exposed to the antenna radiation pattern. In fact, the interference caused by the spurious electromagnetic multipath due to good electric conductive satellite surface components could in turn affect the main radiation lobe of TLC and Telemetry antennas, thus modifying its main propagation directions and finally increasing the microwave channel pathloss. The work reports the analysis of different nanostructured materials in the 2-10 GHz frequency range. The employed nanopowders are of carbon nanotubes, cobalt, argent, titanium, nickel, zinc, copper, iron, boron, bismuth, hafnium, in different weight percentages versus the hosting polymeric matrix. The materials are classified as a function of their electromagnetic losses capability by taking into account of both electric and magnetic properties. The possibility to design multi-layered structures optimized to provide specific microwave response is finally analyzed by the aid of swam intelligence algorithm. This novel technique is in general interesting for metrological purpose and remote sensing purposes, and can be effectively used in aerospace field for frequency selective materials design, in order to reduce the aircraft/spacecraft radar observability at certain frequencies.