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Open Cosmos raises 300 million and "will accelerate investment in Portugal"
Technology
Investments

Open Cosmos raises 300 million and "will accelerate investment in Portugal"

SAPO Notícias14 September 2026 at 14:00

British company Open Cosmos raised 300 million euros in a new funding round, the company announced to the财经 agency. This amount will allow the company to accelerate its growth plans, including operations in Portugal.

In Portugal, Open Cosmos already has 50 million euros invested and employs approximately 50 people. The company had planned to double this team to 100 people, and with the new funding, this plan will be accelerated.

Open Cosmos is a company specializing in space and Earth observation technology. The operation in Portugal is considered strategic for the company's expansion in the European market.

Why this matters

The investment will create 50 new jobs in Portugal, directly affecting the local labor market in the technology sector. The expansion of Open Cosmos also represents a strengthening of the space sector's presence in the country, following the growth trend of the national technology ecosystem.

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This is our short summary of a report published by SAPO Notícias on 14 September 2026 at 14:00; the full text stays with the publisher. In our feed it sits under Technology. We currently carry 4417 items in that section.

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