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Open Cosmos Raises €300 Million for Satellite Manufacturing, Connectivity and Data Services
Open Cosmos raised €300 million on 14 September 2026 to expand European satellite manufacturing and its connectivity, Earth observation and data services. Lightrock led the round, with ETF Partners, Institut Català de Finances, Entrepreneurs First, two international pension funds, Convex Group, NSSIF, Phoenix Court...
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Key takeaways
- Open Cosmos raised €300 million on 14 September 2026 to expand European satellite manufacturing and its connectivity, Earth observation and data services.
- Lightrock led the round, with ETF Partners, Institut Català de Finances, Entrepreneurs First, two international pension funds, Convex Group, NSSIF, Phoenix Court and Claret Capital Partners among the disclosed partici...
- The funding is intended to grow ConnectedCosmos, OpenConstellation and DataCosmos while scaling engineering, manufacturing and software teams in the UK, Spain, Portugal and Greece.
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openai.comCreate a landscape editorial hero image for this Studio Global article: What is Open Cosmos, the European satellite company founded and led by Rafel Jorda Siquier, how much funding did it secure in September 2026. Article summary: Open Cosmos is an Oxford-headquartered European space-infrastructure company founded and led by Rafel Jorda Siquier. It designs, manufactures, launches and operates small-satellite missions, then delivers connectivity an. Topic tags: general, general web, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fa
Open Cosmos is a European space-infrastructure company that designs, builds and operates satellite missions for governments and enterprises. Its model combines spacecraft manufacturing with connectivity and satellite-derived intelligence services, rather than selling satellite hardware alone. The company was founded by Rafel Jorda Siquier. 21
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The September 2026 funding round
On 14 September 2026, Open Cosmos announced a €300 million funding round to expand satellite manufacturing and speed deployment of its intelligence and connectivity offerings. 21
Lightrock led the investment. The company named ETF Partners, Institut Català de Finances (ICF), Entrepreneurs First and two major international pension funds as participants. It also disclosed participation from Convex Group, the UK National Security Strategic Investment Fund (NSSIF), Phoenix Court—home of LocalGlobe and Latitude—and Claret Capital Partners. 21
The round is substantially larger than Open Cosmos’s previously announced $50 million Series B in September 2023. 30 The available sources do not provide a reliable, sectorwide 2026 investment dataset, so it is not possible to rank the deal precisely against all global space financings. What is clear is that the capital is directed at an integrated infrastructure strategy: production capacity, communications, Earth observation and data services.
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What Open Cosmos sells
Open Cosmos organizes its offering around several connected layers of space infrastructure:
- OpenOrbit is its end-to-end satellite-mission capability, covering the infrastructure required to develop and operate satellite missions.
- OpenConstellation is a shared satellite constellation focused on Earth observation, allowing customers to access constellation capability rather than build an entire system independently.
- ConnectedCosmos is its connectivity offering. The company strengthened this area through its acquisition of Connected, a Portuguese startup focused on standardized, affordable IoT connectivity from space.
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- DataCosmos is the data layer: a collaborative platform for tasking satellites, storing and processing imagery, and deriving insights from it.
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Together, these services aim to shorten the path from a need on the ground—such as monitoring an asset or collecting imagery—to an operational satellite service and usable data product.
Manufacturing footprint and scale
Open Cosmos says it operates four factories across Europe, employs close to 400 people across the UK, Spain, Portugal and Greece, and has the capacity to manufacture one satellite per day across those facilities. That is a stated production capacity, not necessarily its daily output. 40
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The company plans to use the new funding to expand this manufacturing base while increasing its engineering, manufacturing and software teams in those four countries. 40
Why sovereign satellite capability is attracting capital
The company’s financing arrives as governments and enterprises increase investment in secure space-based systems. In this context, “sovereign” capability generally means having greater national or regional control over communications infrastructure, satellite access and the resulting data.
Open Cosmos has positioned its services around that demand: secure connectivity, Earth observation and near-real-time intelligence. A recent example is Liechtenstein’s award of high-priority Ka-band radio-spectrum filings to Open Cosmos, enabling the company to build and operate a sovereign low-Earth-orbit broadband constellation. 17
The significance is not simply that more satellites can be built. The strategy links manufacturing with constellation access, connectivity and data processing—capabilities that customers can use as a service.
How Open Cosmos plans to use the €300 million
According to the company, the new capital will be used to:
- expand satellite mass-manufacturing capability;
- grow ConnectedCosmos connectivity services;
- expand OpenConstellation and DataCosmos;
- accelerate Earth-observation and data-processing capabilities; and
- scale engineering, manufacturing and software teams across the UK, Spain, Portugal and Greece.
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The core bet is that Europe needs more than satellite builders: it needs an industrial and software stack that can provide spacecraft, communications, Earth-observation capacity and actionable data within the same infrastructure offering. The €300 million round is intended to fund that expansion. 21
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What is the short answer to "Open Cosmos Raises €300 Million for Satellite Manufacturing, Connectivity and Data Services"?
Open Cosmos raised €300 million on 14 September 2026 to expand European satellite manufacturing and its connectivity, Earth observation and data services.
What are the key points to validate first?
Open Cosmos raised €300 million on 14 September 2026 to expand European satellite manufacturing and its connectivity, Earth observation and data services. Lightrock led the round, with ETF Partners, Institut Català de Finances, Entrepreneurs First, two international pension funds, Convex Group, NSSIF, Phoenix Court and Claret Capital Partners among the disclosed partici...
What should I do next in practice?
The funding is intended to grow ConnectedCosmos, OpenConstellation and DataCosmos while scaling engineering, manufacturing and software teams in the UK, Spain, Portugal and Greece.