Open Cosmos raises €300M to scale satellite manufacturing across four European factories
13 Articles
13 Articles
The company will allocate funds to expand its satellite manufacturing capacity and accelerate its real-time intelligence services for governments and corporations More: The Generalitat probes the private sector to boost its next generation of Earth observation satellites
The company, based in the UK and with facilities in Portugal, Spain and Greece, where it employs more than 400 people, said that the funds will be used to expand the mass production capacity of satellites and to accelerate three platforms: ConnectedCosmos, secure communications, OpenConstellation, a shared constellation of Earth observation, and DataCosmos, data processing.
Open Cosmos raises €300M to scale satellite manufacturing across four European factories
Open Cosmos has raised €300M led by Lightrock to expand satellite mass manufacturing across four European factories and grow its constellation, connectivity and data services.
Open Cosmos captured EUR 300 million to expand its satellite manufacturing in four European plants and develop connectivity, Earth observation and operational intelligence services. The British company ensures that it can produce a satellite per day and reduce data delivery from up to 48 hours to just 30 minutes via on-board AI and satellite links.
According to the CNBC, Open Cosmos has captured 300 million euros in new wave of contributions in the European space sector, which challenges the USA
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
