Open Cosmos Secures $50 Million Funding to Propel Earth Observation Satellite Business
UK-based smallsat developer Open Cosmos has raised $50 million in a Series B funding round led by ETF Partners, Trill Impact, and A&G. The funding will be used to expand the company internationally, develop larger satellites and constellations focused on Earth observation, and create OpenConstellation, a virtual constellation where satellite operators share capacity on their Earth observation satellites. Open Cosmos aims to provide cost-effective end-to-end fully managed missions and stands out in the Earth observation sector with its agile development, diverse applications, and global partnerships. The company has already launched several smallsats and plans to move into microsatellites.