Open Cosmos raises $50m in Series B funding

The round included Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund and Claret Capital Partners, with participation from Taavet Hinrikus and Kheng Nam Lee.

With a team of nearly 70 people distributed across the UK, Spain and Portugal, Open Cosmos delivers end-to-end telecommunications, Earth Observation (EO), navigation and scientific missions in a way that lowers the cost, complexity and timescales of missions.

It does this with the design, build, launch and operation of satellites through its OpenOrbit service; enables organisations to access and share data via its mutualised OpenConstellation infrastructure, and offers AI-powered data analysis from a range of satellite sources and analytic partners through its DataCosmos platform.

Rafel Jorda Siquier, CEO and founder explained that Open Cosmos works with clients including private companies, government departments, research institutes, and other organisations.

“Open Cosmos works collaboratively with customers during satellite design and manufacturing,” he said. “We manufacture and test on-site, conducting regular customer reviews to ensure alignment with launch timelines and mission objectives. This iterative approach guarantees that the satellite's development remains on track and precisely tailored to customer requirements.”