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Open Cosmos raises €300M to expand satellite services

United Kingdom Spain Portugal Greece Government and public News

European satellite company Open Cosmos secures €300 million to scale its satellite manufacturing and expand connectivity and Earth observation services. The funding will support OpenConstellation, ConnectedCosmos and DataCosmos platforms, with operations across the UK, Spain, Portugal and Greece. (TECH.EU) Open Cosmos secures €300M to expand satellite intelligence and connectivityEuropean

TrustED project tests Europe’s digital identity privacy model

Spain Portugal Italy Germany Turkey Government and public Healthcare News

The EU-funded TrustED project is testing whether Europe’s digital identity framework can preserve privacy while enabling data sharing across borders. Funded under Horizon Europe, the initiative combines EUDI Wallets with privacy-preserving technologies like zero-knowledge proofs and federated learning. Real-world pilots in Spain and Portugal examine

Portugal’s Neuraspace raises €15.6m for AI space domain awareness

Portugal News

Portugal-based Neuraspace secures €15.6 million in new financing to expand AI-enabled Space Domain Awareness and Space Traffic Management solutions. The funding combines private investment from Lince Capital, Explorer Investments and Armilar Venture Partners with Portugal’s Recovery and Resilience Plan support. Neuraspace monitors over 600 satellites and

Portugal commits €200m to AI gigafactory as compute buyer

Portugal Spain News

Portugal will contribute €200 million to a planned AI gigafactory by purchasing computing capacity rather than taking an equity stake, the Ministry for State Reform confirms. The funds would be used alongside €200 million in EU support if the Iberian bid with Spain is selected by November 2026. The project

EU launches €30 billion plan to build seven AI gigafactories

Germany Greece Portugal Italy Spain Czechia Denmark Finland France Poland News

The European Commission opens bidding for seven AI data centres, four smaller and three larger, with public funding capped at €2 billion per project. Consortia must secure national backing from Germany, Greece, Portugal, Italy or Spain for larger hubs, or Czechia, Denmark, Finland, France and Poland for smaller ones. The

Portugal’s Meo and Thales bid to host EU IRIS² gateways

Portugal News

Portugal’s Meo and Thales will submit a joint bid by the end of July to host satellite gateway services for the EU’s IRIS² constellation. The bid proposes Alfouvar as the main teleport and Santa Maria in the Azores as the secondary site, managed through the Portuguese Space Agency.

Portugal launches AMALIA open source AI model

Portugal News

Portugal launched AMALIA on 1 Jul 2026, an open source AI model trained on European Portuguese data. The Agency for State Technological Reform coordinated the €5.5 million EU-funded initiative to strengthen digital sovereignty across public administration, industry, and research. (Interoperable Europe OSOR)