FOSSA Systems raises 9.25 million euros to launch defense satellites
Summary
FOSSA Systems has raised 9.25 million euros in a new funding round to accelerate international expansion and strengthen its space infrastructure for secure communications and defense use cases. The company plans to use the capital to grow its team, expand commercial activity, and develop new capabilities for security and defense markets. It is also continuing deployment of its own low-Earth-orbit satellite constellation, with a 140-satellite target and the next launch already planned. The round brings total funding raised since inception to nearly 20 million euros and adds support from Kibo Ventures, Índico Capital Partners, SETT, SPARX, and WISeSAT.
Funding
Amount
$10.0M
Total raised
Date
June 24, 2026
Announcement date
Investors
Sparx, Kibo Ventures
Lead investors
Company
fossasystems.com
Funded company
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