Open Cosmos raises €300M to scale satellite connectivity and Earth observation services
European satellite company Open Cosmos has secured €300 million in funding to expand its satellite manufacturing capacity and accelerate the rollout of its connectivity and Earth observation services. The round was led by European investors and included participation from ETF Partners, Lightrock, British Columbia Investment Management Corporation (BCI), Institut Català de Finances (ICF) and Entrepreneurs First. Convex, the National Security Strategic Investment Fund (NSSIF), Phoenix Court, the parent firm of LocalGlobe and Latitude, and Claret Capital Partners also participated.
Open Cosmos develops satellite infrastructure and services for governments, space agencies and businesses. Its activities cover satellite design and manufacturing, shared satellite constellations, connectivity and the processing of satellite data into actionable intelligence.
The company’s technology is organised into four main areas. OpenOrbit designs, builds and operates satellites, while OpenConstellation allows governments and organisations to share satellite infrastructure. ConnectedCosmos provides broadband and IoT communications between satellites, orbit and Earth. DataCosmos processes satellite imagery and sensor data to support near-real-time monitoring and decision-making.
Open Cosmos currently operates four factories across Europe, with the capacity to manufacture one satellite per day to support the deployment of its services.
Demand for satellite infrastructure is growing as European governments invest in sovereign communications and Earth observation capabilities. According to figures cited by Open Cosmos, global venture capital investment in the space sector reached $11.3 billion in the first half of 2026, compared with $10.1 billion for the whole of 2025.
Rafel Jorda Siquier, founder and CEO of Open Cosmos, said space infrastructure is becoming increasingly important for governments and businesses seeking secure communications and operational data through resilient systems.
By bringing together satellites, secure communications and AI-powered data services, we’re creating a system that transforms information from orbit into something that governments and enterprises can act on. This investment allows us to accelerate that vision.
Open Cosmos will use the new funding to expand ConnectedCosmos, scale OpenConstellation and DataCosmos, and increase its satellite manufacturing capacity. The company also plans to grow its engineering, manufacturing and software teams across the UK, Spain, Portugal and Greece, where it employs nearly 400 people.