Open Cosmos secures €300M to expand satellite intelligence and connectivity
Tech.eu Tamara Djurickovic ● Covered by 2 sources
Open Cosmos raised €300M to make more satellites and push its data tools. It wants to turn orbit into secure comms and usable intelligence, faster.
Based on reporting by Tech.eu, Tamara Djurickovic — read the original for the full story.
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Open Cosmos has pulled in €300 million to speed up a very specific bet: more satellite hardware, more connectivity, and more data products that turn space into something governments and companies can actually use.
The European satellite company says the money will go into expanding its manufacturing capacity and accelerating deployment of its connectivity and Earth observation services. The round was led by European investors, with ETF Partners, Lightrock, British Columbia Investment Management Corporation, Institut Català de Finances and Entrepreneurs First among the backers. Convex, NSSIF, Phoenix Court, Claret Capital Partners and others also joined in.
This is not just a “build more rockets” story. Open Cosmos is stitching together four layers of infrastructure. OpenOrbit handles satellite design, build and operations. OpenConstellation lets governments and organisations share satellite infrastructure. ConnectedCosmos covers broadband and IoT links between satellites, orbit and Earth. DataCosmos processes imagery and sensor data into near-real-time monitoring and decision-making. That is the pitch: space as a service, not space as spectacle.
The company says it already runs four factories across Europe and can make one satellite a day. That matters because demand is rising as European governments put money into sovereign satellite communications and Earth observation. Open Cosmos also cites industry numbers showing global venture capital investment in space reached $11.3 billion in the first half of 2026, up from $10.1 billion across all of 2025.
Open Cosmos founder and CEO Rafel Jorda Siquier says the new capital will help expand ConnectedCosmos, grow OpenConstellation and DataCosmos, and increase manufacturing capacity. The company also plans to expand engineering, manufacturing and software teams across the UK, Spain, Portugal and Greece, where it says it employs close to 400 people.
My take — AI-written commentary, not fact-checked reporting
This is the kind of space funding that actually sounds like infrastructure, not moon-landing fan fiction. Europe keeps talking about sovereignty, and Open Cosmos is selling the boring but useful version: build the satellites, move the data, keep control. That’s a lot more convincing than a shiny demo and a press release with stars in it.
Read more about this at: Tech.eu
