Open Cosmos Raises €300M for Satellite Intelligence

Open Cosmos, a prominent European space technology firm, has successfully closed a substantial €300 million funding round. This significant capital infusion is earmarked for bolstering its satellite manufacturing capabilities and accelerating the deployment of advanced Earth observation, connectivity, and real-time intelligence services. The investment underscores a growing global appetite for sovereign space infrastructure and data-driven insights.

The funding initiative was spearheaded by a consortium of influential European investors, including ETF Partners, Lightrock, British Columbia Investment Management Corporation (BCI), Institut Català de Finances (ICF), and Entrepreneurs First. Further backing came from notable participants such as Convex, the National Security Strategic Investment Fund (NSSIF), Phoenix Court (representing LocalGlobe and Latitude), and Claret Capital Partners. This broad investor base highlights confidence in Open Cosmos's integrated approach to space-based solutions.

Open Cosmos distinguishes itself by offering a comprehensive suite of space infrastructure and services tailored for governmental, agency, and commercial clients. Its operational framework encompasses the entire lifecycle from satellite design and production to the management of shared satellite constellations, robust connectivity solutions, and the sophisticated processing of satellite data into actionable intelligence. The company's technological pillars include OpenOrbit for satellite development and operation, OpenConstellation facilitating shared infrastructure, ConnectedCosmos for satellite-to-Earth communication including broadband and IoT, and DataCosmos for near-real-time data analysis and decision support.

To meet escalating demand, Open Cosmos currently operates four advanced manufacturing facilities across Europe, boasting a production capacity of one satellite per day. This expansion comes at a critical juncture as European nations increasingly prioritize secure, independent satellite communications and Earth observation capabilities. Global venture capital investment in the space sector has seen remarkable growth, with the first half of 2026 witnessing $11.3 billion in funding, surpassing the entire $10.1 billion invested in 2025, according to company data.

Rafel Jorda Siquier, the founder and CEO of Open Cosmos, emphasized the escalating importance of resilient space infrastructure for secure communications and reliable operational data. "By integrating satellites, secure communications, and AI-powered data services, we are constructing a system that transforms orbital information into tangible assets for governments and enterprises," Siquier stated. "This investment is pivotal in accelerating our vision to deliver this integrated capability at scale."

The newly acquired capital will be strategically deployed to enhance the ConnectedCosmos service, expand the reach of OpenConstellation and DataCosmos, and significantly increase satellite manufacturing output. Open Cosmos also intends to broaden its engineering, manufacturing, and software development teams across its operational hubs in the United Kingdom, Spain, Portugal, and Greece, where it currently employs nearly 400 professionals. This expansion is set to solidify its position as a key player in the European space ecosystem.