Open Cosmos raises $50 million to expand EO Satellite Business

11 September 2023
GeoSpatial World

AI Generated Summary

Open Cosmos, a smallsat developer, has raised $50 million in a Series B round led by ETF Partners, Trill Impact and A&G, three funds that focus on companies that provide societal or environmental benefits.

The funding will allow Open Cosmos to expand its current satellite offerings, which have been cubesats, to larger spacecraft as well as constellations.

The company is also developing a satellite data analytics platform called DataCosmos.