FOSSA Systems
Spain, Madrid, Community of Madrid
About FOSSA Systems
FOSSA Systems is a Spanish aerospace company, founded in 2020 and headquartered in Madrid with offices in Lisbon and Tokyo, that designs and manufactures small satellites for IoT connectivity, secure communications and signals intelligence (SIGINT). It operates its own low Earth orbit constellation serving industrial, institutional and government customers in sectors such as energy, logistics, agriculture, critical infrastructure and national security. The company positions itself as a verticalized European satellite provider with growing defense and dual-use focus, including selection for NATO's DIANA program.
Latest Funding
Series BAnnounced 2026-06-24
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
4 signals · where the capital is going
Drive commercial expansion begun in 2024, including international market entry (new Tokyo office alongside Madrid and Lisbon).
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Consolidate and expand the team across Spain and Portugal (currently 50+ employees) as part of international growth.
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+2 more capital deployment signals · confidence ratings · source articles
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12 open roles · capital meeting headcount
Funding round explicitly earmarked for talent acquisition
R&D spend declared but no engineering hires; possibly outsourcing or tooling
+2 more hiring signals · full department matrix · role-by-role drill-down
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Investors
Índico Capital Partners
Lead investor · Series B
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Key Highlights
AI InsightsRound led by Kibo Ventures, which is taking a seat on the board of directors; co-investors include Spain's state tech-transformation fund SETT, Space Frontiers Fund II, Indico Capital and WISeSAT.
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