Thanks to advancements in silicon photomultiplier sensors (SiPMs) and system-on-chip (SoC) technology, our INFN Roma1 group developed ArduSiPM in 2012, the first all-in-one scintillator particle detector in the literature. It used a custom Arduino Due shield to process fast signals, utilizing the Microchip Sam3X8E SoC’s internal peripherals to control and acquire SiPM signals. The availability of radiation-tolerant SoCs, combined with the goal of reducing system space and weight, led to the development of an innovative second-generation board, a better-performing device called Cosmo ArduSiPM, suitable for space missions. The architecture of the new detector is based on the Microchip SAMV71 300 MHz, 32-bit ARM® Cortex®-M7 (Microchip Technology Inc., Chandler, AZ, USA). While the analog front-end is essentially identical to the ArduSiPM, it utilizes components with the smallest possible package. The board fits in a CubeSat module. Thanks to the compact design, the board has two independent channels, with a total weight of only 40 grams within a CubeSat form factor. The ArduSiPM architecture is based on a single microcontroller and fast discrete analog electronics. It benefits from the continued development of SoCs related to the IoT (Internet of Things) market. Compared with a system with a custom ASIC, this architecture based on software and SoC capabilities offers considerable advantages in terms of cost and development time. The ability to incorporate new commercial SoCs, continuously emerging from advancements in the aerospace and automotive industries, provides the system with a robust foundation for sustained growth over the years. A detailed characterization of the hardware and the system’s response to different photon fluxes is presented in this article. Additionally, coupling the device with a scintillator was tested at the end of this article as a preliminary trial for future measurements, showing potential for further enhancement of the detector’s capabilities.