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Open Cosmos raises 300 million to produce and launch more satellites into space
Business
Space
Coimbra

Open Cosmos raises 300 million to produce and launch more satellites into space

Jornal de Negócios14 September 2026 at 14:00

The British company Open Cosmos, which has a presence in Portugal, managed to raise 300 million euros in funding to accelerate the production and launch of satellites. The investment will allow the company to expand its operations in the space sector.

The company currently has four satellite production factories, including one located in Coimbra, Portugal. With this infrastructure, Open Cosmos can manufacture one satellite per day, which represents significant production capacity in the sector.

The funding aims to accelerate the development and deployment of more satellites into space, strengthening the company's position in the space technology market. Open Cosmos is positioning itself as a relevant player in the small satellite industry.

Why this matters

This funding allows Open Cosmos to strengthen its presence in Portugal, where it operates one of its factories in Coimbra, potentially creating more jobs and boosting the national space industry. The investment represents a vote of confidence in the ability of the Portuguese company to compete in the global small satellite market, a rapidly growing sector.

About this summary

This is our short summary of a report published by Jornal de Negócios on 14 September 2026 at 14:00; the full text stays with the publisher. In our feed it sits under Business, and it concerns Coimbra. We currently carry 22562 items in that section.

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