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Britain’s Open Cosmos wins £51m Greek satellite contract

Open Cosmos satellite
Image credit: Open Cosmos

British space tech firm Open Cosmos has secured a €60m (£51m) contract to build and deploy satellites in Greek constellations.

The project will see Open Cosmos satellites provide high-resolution imagery to the Greek government to support plans to improve public services such as land registry, reducing sea pollution and improving agriculture.

The programme is in partnership with the European Space Agency (ESA), which last year awarded a contract to Scottish space tech firm Skyrora.

“It is an honour to be chosen for such a crucial program for Greece and I’m incredibly proud of the team’s achievement in securing this contract,” said Open Cosmos founder and CEO Rafel Jorda Siquier.

“We faced competition from some of the world’s leading players in the industry, and to win is a true testament to the hard work of everyone at Open Cosmos and the strength of our advanced satellite technology.”

Open Cosmos is an Oxfordshire-based satellite firm that raised £40m last year in a Series B funding round.

The company was founded in 2015 and hopes to make vital data gathered from orbit accessible to everyone. Part of this plan is OpenConstellation, a shared space infrastructure project, with Greece now set to join.

“By investing in both capacity-buying and capacity-building space programs, our aim is to stimulate local high-tech space industries, foster job creation, retain our skilled engineers and space experts in the country and attract additional talent,” said Greek Minister of Digital Governance Dimitris Papastergiou.

“The development of cutting-edge satellite technology will cultivate a sustainable economic framework that integrates advanced science and technology sectors, bolstering long-term economic resilience in the country.”

Read more: UK sets out plan to propel private investment into space tech

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