Open Cosmos raises €300 million to scale European satellite infrastructure
95 FOMOOpen Cosmos secured €300 million to accelerate its transition into a vertically integrated satellite infrastructure and intelligence provider. The funding round was led by Lightrock and included participation from ETF Partners, Institut Català de Finances, Entrepreneurs First and other investors. The company intends to expand manufacturing capacity and accelerate deployment of its three interconnected platforms: ConnectedCosmos, OpenConstellation and DataCosmos. Open Cosmos reported five consecutive years of profitable growth and more than $370 million in signed customer contracts over the previous three and a half years.
Why it matters
The size of the financing signals substantial investor confidence in sovereign European space infrastructure. The critical question is whether Open Cosmos can convert this capital into deployed constellation capacity and recurring data and connectivity revenue.
The numbers
Money
Specs & figures
Details
Funding
- Round
- other
- Lead investor
- Lightrock
- Investors
- LightrockETF PartnersInstitut Català de FinancesEntrepreneurs FirstConvex GroupNational Security Strategic Investment FundPhoenix CourtClaret Capital PartnersInternational pension funds
Coverage
-
Open Cosmos ·
Open Cosmos raises €300 million to accelerate real-time intelligence and connectivity from spaceOpen Cosmos secured €300 million in a funding round led by European investors including Lightrock, ETF Partners and Institut Català de Finances. Other participants included Entrepreneurs First, Phoenix Court, Claret Capital Partners, NSSIF and two international pension funds. The capital will expand satellite mass manufacturing and accelerate ConnectedCosmos, OpenConstellation and DataCosmos. The company reported more than $370 million in signed customer contracts over the preceding three and a half years.
AI-assisted summary of 1 report; numbers link to their source. Spot an error? Tell us.
More from Open Cosmos
- Open Cosmos · Partnership 6
Open Cosmos expands strategic engagement with India's space industry
- Open Cosmos · Milestone 27
Open Cosmos plans eightfold workforce expansion and new Greek production facilities
- Open Cosmos · Contract 78
Open Cosmos selected for the UK's £8 billion Tactical Communication System framework
- Open Cosmos · Launch 27
Posidonia, the first Balearic satellite, reaches orbit
- Open Cosmos · Contract 49
Open Cosmos Atlantic selected by ESA to lead a €25 million Earth observation resilience initiative
- Open Cosmos · Milestone 6
King Charles III opens the UK Space and Defence Gateway at Open Cosmos
Related moments
- EnduroSat · Funding 95
EnduroSat raises $205 million to scale satellite manufacturing in the United States and Europe
- Rivada Space Networks · Partnership 49
Rivada partners with Telespazio Brasil to provide secure Outernet connectivity
- Exolaunch · Other 85
EQT completes acquisition of Exolaunch
- EnduroSat · Partnership 85
EnduroSat and Bulgaria agree to develop a major space and defense industrial base at Dobroslavtsi
- Rivada Space Networks · Partnership 37
ZHARYQ Kazakhstan partners with Rivada to distribute Outernet connectivity across Central Asia
- Exolaunch · Other 85
EQT agrees to acquire 100% of Exolaunch
Veenie.Space Telemetry
Open Cosmos secured €300 million to accelerate its transition into a vertically integrated satellite