<\/p>\n
\n Open Cosmos, based at Harwell Campus and founded in 2015, is now one of Europe\u2019s fastest-growing satellite manufacturers and has recorded five years of profitable growth and a 100 per cent mission success rate.\n<\/p>\n
\n The company has secured the funding to expand satellite manufacturing and accelerate the delivery of intelligence and connectivity services.\n<\/p>\n
\n Rafel Jorda Siquier, founder and CEO of Open Cosmos, said: “Space infrastructure is becoming as critical as energy, digital networks and transport.\n<\/p>\n
\n “Governments and enterprises increasingly require secure communications and operational data delivered through resilient systems.\n<\/p>\n
\n “But infrastructure alone isn\u2019t enough.\n<\/p>\n
\n “The real value comes from the intelligence that relays what\u2019s happening on Earth in real time and the global connectivity to deliver it.\n<\/p>\n
\n “By bringing together satellites, secure communications and AI-powered data services, we\u2019re creating a system that transforms information from orbit into something that governments and enterprises can act on.\n<\/p>\n
\n “This investment allows us to accelerate that vision, satisfying the satellite manufacturing orders that governments and large companies are placing for our reliable and high-performance satellites and delivering the sovereign services the world needs.”\n<\/p>\n
\n The funding round was led by European investors including Lightrock, ETF Partners, and the Institut Catal\u00e0 de Finances, and included participation from Entrepreneurs First and two major international pension funds.\n<\/p>\n
\n Other backers include the Convex Group, National Security Strategic Investment Fund, Phoenix Court, and Claret Capital Partners.\n<\/p>\n
\n Open Cosmos plans to use the investment to scale up its ConnectedCosmos, OpenConstellation, and DataCosmos platforms, which deliver real-time intelligence and connectivity from space.\n<\/p>\n
\n The company currently operates four factories across Europe and is capable of manufacturing one satellite per day.\n<\/p>\n
\n Its next-generation OpenConstellation satellites can deliver earth observation intelligence in as little as 30 minutes, compared to previous turnaround times of up to 48 hours.\n<\/p>\n
\n The company employs nearly 400 people across the UK, Spain, Portugal, and Greece.\n<\/p>\n
\n Ashish Puri, partner at Lightrock, said: “Lightrock is delighted to be leading Open Cosmos’ funding round and supporting this European leader as it enters its next stage of growth in the space economy.\n<\/p>\n
\n “The work of Open Cosmos, and the wider space infrastructure sector, underpins global energy, communications, security, and sustainability efforts.\n<\/p>\n
\n “Open Cosmos’ stellar mission record, manufacturing capability, and scientific expertise position it to become a global leader in this critically important sector, and we look forward to supporting the company on this journey.”\n<\/p>\n
\n Patrick Sheehan, managing partner at ETF Partners, said the leadership team had shown ‘the calibre of ambition required to convert this expertise into substantial commercial results’.\n<\/p>\n
#Harwell #space #firm #Open #Cosmos #secures #300m #funding<\/p>\n","protected":false},"excerpt":{"rendered":"
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