7 years ago
Open Cosmos Secures $7 Million to Make Space Accessible for All
UK-based startup Open Cosmos has raised $7 million in Series A funding to democratize access to satellites
The company offers an end-to-end service that includes satellite design and manufacturing, launch procurement, and in-orbit operations
Open Cosmos aims to make satellites more affordable and accessible, with missions starting from £500,000 ($700,000) and delivered in less than a year.
ProblemTechnology
"Launching satellites is expensive and time-consuming, requiring millions in funding and years of waiting. This makes it difficult for small companies to participate in the benefits of satellite usage."
Solution
"Open Cosmos provides a turnkey, end-to-end system for launching and operating satellites, making it more affordable and accessible to everyone. They offer entire missions for as little as £500,000 ($700,000) and can deliver them in less than a year. Open Cosmos takes full control of the satellites and sends the collected data to the customer."