Open Cosmos has secured €300 million in funding to expand its mass-manufacturing capabilities and accelerate its real-time intelligence and connectivity platforms.

Lead investors Lightrock and ETF Partners, with participation from Institut Català de Finances, Entrepreneurs First, and two international pension funds, back the round.

The company pursues four technology pillars: OpenOrbit for design/build/operation of satellites; OpenConstellation for shared satellite infrastructure; ConnectedCosmos for broadband and IoT communications; and DataCosmos for processing imagery and sensor data for near-real-time decision-making.

Portugal’s Space Agency President Ricardo Conde highlights Portugal’s aim to build domestic capacity in critical space sectors and Coimbra’s role in the regional ecosystem.

European space policy discussions center on balancing national ambitions with cross-country coordination, as noted by Andrius Kubilius at the International Space Summit.

Open Cosmos’ CEO Rafel Jorda Siquier and Space Minister Baroness Lloyd stress the strategic importance of sovereign capabilities and growth of the UK space sector.

Company executives emphasize ambitious plans to expand satellite capabilities and European space infrastructure.

The press release provides media contacts and includes a photo attachment.

Europe is pushing to reduce dependence on SpaceX and close the gap in the space race by boosting European manufacturing and data capabilities.

Open Cosmos aims to deploy multiple satellite constellations with on-orbit processing to shorten ground-data latency and deliver timely Earth insights.

Projects include manufacturing the Generalitat’s first nanosatellite Menut, joining 6GStarLab to explore satellite integration with 5G/6G, and leading Spain’s Atlantic Constellation for Earth observation across agriculture, environmental management, and emergency response.

CEO Rafel Jorda Siquier envisions integrating satellites, secure communications, and AI-powered data services to turn orbit data into actionable intelligence for governments and enterprises, ensuring secure, resilient space-based infrastructure.