It plans to manufacture 30 satellites a year and provide a full, end-to-end service. UK firm Open Cosmos aims to follow the 1980s home computer model and bring small satellites to the masses with its end-to-end offering. The company, which recently raised $7m in a series A funding round, offers businesses complete mission packages, delivered within a year, with prices starting from £500,000 ($700,000). “Small satellite technology is very much at an early stage of development but we are confident that it will be commercially viable over time,” said co-founder and CEO Alex Zhavoronkov. The company recently signed a $2m "Pioneer" contract with the European Space Agency, in a mission to demonstrate a telecommunications transceiver.
UK firm Open Cosmos aims to follow the 1980s home computer model and bring small satellites to the masses with its end-to-end offering. The company, which recently raised $7m in a series A funding round, offers businesses complete mission packages, delivered within a year, with prices starting from £500,000 ($700,000). “Small satellite technology is very much at an early stage of development but we are confident that it will be commercially viable over time,” said co-founder and CEO Alex Zhavoronkov. The company recently signed a $2m "Pioneer" contract with the European Space Agency, in a mission to demonstrate a telecommunications transceiver.