Open Cosmos Secures €300M to Expand Satellite Intelligence

The big picture: European satellite company Open Cosmos has secured €300 million in funding to expand its satellite manufacturing capacity and accelerate the deployment of its connectivity and Earth observation services.

Why it matters:

• Sovereign capabilities: European governments are increasingly investing in their own satellite communications and Earth observation infrastructure, driving demand for companies like Open Cosmos.
• Critical infrastructure: Space infrastructure is becoming vital for governments and businesses that require secure communications and operational data through resilient systems.
• Growing investment: Global venture capital investment in the space sector reached $11.3 billion in the first half of 2026, indicating strong market confidence and growth.

How it works:

• Integrated services: Open Cosmos offers end-to-end satellite solutions, from design and manufacturing (OpenOrbit) to shared constellations (OpenConstellation) and connectivity (ConnectedCosmos).
• AI-powered data: Its DataCosmos platform processes imagery and sensor data, transforming it into near-real-time operational intelligence for monitoring and decision-making.
• Scalable manufacturing: The company operates four factories across Europe, with the capacity to manufacture one satellite per day, supporting rapid deployment of its services.

The catch: The burgeoning space tech market is attracting significant competition, particularly in satellite manufacturing and data services. Open Cosmos must navigate a crowded landscape, potential for oversupply, and the complexities of securing long-term government and enterprise contracts in a rapidly evolving geopolitical environment.